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Delaware: where the world
comes to do
business
Global
Reasons why
Delaware is the
1st State for
Business
10 top
1st State for Business Friendliness
1 environment
Location and logistics
2 location
40% of the U.S. population is
within one day’s drive
3 access to decision makers
Close-knit community with easy access to top
government and elected officials
2nd highest concentration of PhDs per capita
4 talent
5 corporate preeminence
65% of the Fortune 500 companies
are incorporated in Delaware
Alternative site framework reduces
or eliminates tariffs on raw materials
6 free trade zone
7 high-speed broadband
Fastest internet in the U.S.
and 3rd fastest in the world
8 best to invest
Ranked 1st in Foreign Direct
Investment in the U.S.
9 tax climate
Best Business Tax Climate in the Mid-
Atlantic, according to the Tax Foundation
10 concierge team
Businesses get up and running quickly
and profitably with little red tape
reasons why
Delaware is the
1st State for
Business.
& Key
Sectors
bio-science
80% of the U.S. Pharmaceutical Industry
is located in the region.
information technology
Delaware has the 3rd highest concentration of IT jobs in
the nation, reflecting its technology-driven economy.
chemical manufacturing
Pharmaceuticals, industrial chemicals, plastics and other synthetics are
Delaware's primary manufactured products; the industry is among the
State's top sectors for employment and revenue
energy & clean tech
Delaware's energy policy of efficient, clean energy generation and
renewable R&D is driving significant investment in the sector.
distribution & logistics
Delaware is home to freight forwarders, distribution and fulfillment
centers and logistics companies, as well as approximately 50 major
warehouse facilities.
finance & insurance
Some of the world's top banks, insurers and financial institutions
have significant operations in Delaware, drawn by the pro-business
environment, lower business costs and deep pool of industry
experts with advanced degrees.
corporate & legal services
Delaware is the undisputed leader in corporate and legal services in
the U.S., due to the State's unique combination of corporate laws,
court system, outstanding professional services and highly
responsive Division of Corporations.
agribusiness
Delaware's 2,500 farms account for 39 % of all land in the state.
Agriculture's annual aggregate contribution to the state's economy
is estimated at nearly $8 billion. The state ranks first nationally in
the value of agricultural products sold per acre.
reasons why
Delaware is the
1st State for
Business.
& logistics
costs
80 regional and express trains
and 3 commercial cargo railroads
rail
Located on the I-95 corridor with
access to a fast, efficient, and far-
reaching delivery network
roads
Several cargo and passenger airports located in
the State and 6 international airports in the region.
The Port of Wilmington is North America's leading fresh fruit port,
with the continent’s largest dock-side refrigerated complex.
sea
air
Delaware has the Best Business Tax Climate in
the Mid-Atlantic, as ranked by the Tax Foundation
8.7% corporate tax
6.6% income tax
NO VAT, sales or inventory tax
corporate tax structure
Delaware New York
Average rent for
750 sq ft office $14,175 $43,050
Average rent for
1000 sq ft warehouse $3,260 $11,050
Average Median
Hourly Wage $17.94 $30.80
Average
Admin Salary $35,880 $41,070
Significantly lower business expenses in Delaware
compared to the surrounding region
cost of doing business
From state parks to nightlife, colonial history to innovation,
Delaware offers its residents a vibrant, active community in a
beautiful setting
quality of life
Cost of Living Delaware New York
Average
Home Price $322,456 $1,359,270
Average Apartment
Monthly Rent $1,017 $3,718
Average Cost
Doctor Visit $79.38 $110.74
Cost of
Living Index $1,000 $1,718
reasons why
Delaware is the
1st State for
Business.
& Want
global.delaware.gov
@DelawareGlobal
More?
The global Delaware concierge
team would love to welcome you!
&
[email protected] +1 302 577 8464
Visit!
