Delaware Division of Corporations Publishes 2007 Annual Report

Secretary of State Harriet Smith Windsor, and the Delaware Division of Corporations have published their 2007 annual report:

(downloadable PDF)

The bottom line? Continued, significant growth. Some highlights of the report include:
New Business Formations Are On The Rise
New entity formations totaled 161,782 in 2007. That’s up from 145,320 in 2006.

UCC Transactions Are Up
The Division handled a record 380,000 Uniform Commercial Code
(UCC) transactions (filings and searches) in 2007. That’s a 10 percent
increase from 2006.

Increased Revenue
Total revenue contributed to the Delaware General Fund was 700.8 million. Incorporations revenue accounted for 22 percent
of the State�s general fund in fiscal year 2007.

Looks like business in The State of Delaware is good.

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