Newark is home to the University of Delaware and a growing startup ecosystem in the I-95 corridor.
Newark is home to the University of Delaware and a growing startup ecosystem in the I-95 corridor. With a population of 33,398, Newark offers a strong local market for S-Corp businesses. Form a Delaware corporation then elect S-Corp status with the IRS (Form 2553). Combines Delaware's legal protections with pass-through taxation to save on self-employment tax.
Best for: Profitable small businesses, consultants earning $80K+, owner-operators
Not based in Newark? You can form your S-Corp from anywhere.
View Delaware S-Corp formation~12 minutes from start to finish. No hidden fees.
Start Your Newark S-Corp, Free