Companies not doing business in the US are generally not subject to US income taxes or inheritance taxes. Shareholder and directors meetings are not necessary, as Delaware law permits shareholders and directors to act by written unanimous consent. Delaware law permits special provisions in the By-Laws and Certificate of Incorporation which will exculpate officers and directors from personal liability and the indemnification of officers, directors and shareholders. Delaware law permits directors to make and alter the company's bylaws without requiring shareholder consent. Delaware does not require any minimum capital.
Some states require a minimum amount of capital to incorporate.
Delaware does not require that a shareholder be either a US citizen or US resident. Shares of stock may be owned by individuals, trusts, corporations or any other entity, either US domestic or foreign. Some states require that the corporation state in its certificate of incorporation the particular businesses in which in which it may engage. Delaware permits a general purpose clause which permits a corporation to engage in any legal business for which a company may be incorporated. Delaware has maintained a preeminent position with its Limited Liability Company stature.