Why is Delaware considered a tax haven?
Why is Delaware considered a tax haven? There is no sales tax in Delaware, so any goods or services you purchase in the state for your business will not be subject to taxation. For business owners who reside outside of Delaware, there is no state income tax. As well, there are no property taxes or value-added taxes (VATs).
Why is Delaware so affordable?
Delaware's affordable housing, low taxes, and the thriving job market in diverse industries make the First State a first-rate place to live. Use our Cost of Living Comparison Calculator to compare Delaware's cost of living to major cities by hovering over one of the Delaware regions below and clicking on a city.