You wouldn’t expect there to be anything special about this tiny brick building at 1209 North Orange Street in Wilmington, Delaware if you drove past it. However, the building is actually home — at least on paper — to some of the largest companies in the world. Apple, eBay, Walmart, Verizon, American Airlines, and more than 300,000 other business entities register their companies here at the CT Corporation.
While some of these 300,000 businesses may not actually conduct business in Delaware, it’s an attractive state for businesses to keep their registrations. The state is so attractive as a business destination that over half of the companies on the Fortune 500 are registered in the state. In fact, Delaware hosts over 1 million business entity registrations, which is more than the tiny state’s population of 950,000.