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DExit: Why Delaware is losing businesses and where companies are going instead | Accounting Today
Delaware has long been known as one of the most business-friendly states, providing a legal and tax environment that attracts many companies to incorporate there even if they don't physically run their operations in the state. But for the past several years, a trend has emerged: Companies are exiting Delaware and redomesticating their business entities (changing the legal jurisdiction where they are formed) to other states.