The Corporation Trust Center, 1209 North Orange Street, is a single-story building located in the Brandywine neighborhood of Wilmington, Delaware, USA, operated by CT Corporation. This is CT Corporation's location in the state of Delaware for providing "registered agent services." In 2012 it was the registered agent address of no fewer than 285,000 separate businesses.
Companies have offices in Delaware due to its desirable corporate taxes and law, and it is estimated that 9 billion dollars of potential taxes were not levied over the past decade, due to the Delaware loophole. Offices are usually held in the state to avoid the high franchise fees associated with registering the company in Delaware and operating the corporation outside the state. Notable companies that hold a post-office box at this location include Google, American Airlines, Apple Inc, General Motors, Coca-Cola, Kentucky Fried Chicken, Verizon Internet Services, and Deutsche Bank with about 430 of their more than 2,000 subsidiary companies and special purpose companies. Both President Donald Trump, and his opponent in the United States presidential election 2016 Hillary Clinton, have registered companies at the center.
Video Corporation Trust Center (CT Corporation)
See also
- Delaware corporation
- List of company registers
- Ugland House in George Town, Cayman Islands
Maps Corporation Trust Center (CT Corporation)
References
External links
- Welcome to tax-dodge city, USA - Guardian.co.uk
Source of article : Wikipedia
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