Delaware is often referred to as a business-friendly State. According to the Delaware Secretary of State, Delaware has the most advanced and flexible business formation statute in the nation and the Delaware Court of Chancery is a unique 215 year old business court that has written most of the modern U.S. corporation case law. Delaware’s State Government is business-friendly and accessible. According to the Delaware Secretary of State, these factors have all contributed to making Delaware a premier legal home to companies around the world. You do not have to live in Delaware in order to incorporate in Delaware.