{"id":2422,"date":"2021-09-24T21:29:16","date_gmt":"2021-09-24T21:29:16","guid":{"rendered":"https:\/\/thefranchisecourier.com\/?p=2422"},"modified":"2021-10-15T03:42:54","modified_gmt":"2021-10-15T03:42:54","slug":"delaware-franchise-registration","status":"publish","type":"post","link":"https:\/\/thefranchisecourier.com\/delaware-franchise-registration\/","title":{"rendered":"Delaware Franchise Registration"},"content":{"rendered":"
The state of Delaware ranks among the top states in terms of favorable corporate taxes. With an attractive tax structure, Delaware provides both small and large businesses an opportunity to grow. Since most companies considering a new location assess the corporate tax rates, the state is conducive to contemplating your next move. The state\u2019s highly competitive corporate tax is an excellent foundation for economic growth and other variables like infrastructure, broadband availability, training, and education. Compared to its neighbors in the Mid-Atlantic region, Delaware has outpaced them in industry diversity in new and mature business categories.<\/p>\n
Delaware is a non-registration state, so franchisors are not required to register or file their franchise with the state before offering or selling a franchise location. However, although the state has not enacted any specific franchise laws, franchisors must adhere to Federal Trade Commission Franchise Laws.<\/p>\n
If you are looking to franchise your business in Delaware, the only law that franchisees need to follow is the Delaware Franchise Security Act<\/span><\/a>. Unlike other state franchise laws, the Delaware Franchise Security Act does not require franchisors to file or register their franchise with the state. However, these laws govern the relationship between franchisor and franchisee.\u00a0<\/span><\/p>\n Franchisors who intend to offer or sell their franchise in Delaware are mandated by the Delaware Franchise Security Act to have an updated Franchise Disclosure Document (FDD). The FDD should contain any relevant information that the franchisee needs to know about the franchise. The Franchise Disclosure Document needs to be well-drafted and inclusive of all vital data. It is advisable to consult a professional franchise attorney so that your FDD covers all 23 items and any other relevant information.<\/p>\n