1209 North Orange Street – The Most Famous Address That Hardly Anyone Knows About
When you think of “business made in the USA,” your mind immediately goes to New York’s Financial District, California’s Silicon Valley, Texas’s oil fields, and the Manufacturing Belt around Chicago and Detroit. True connoisseurs also think of Wilmington, Delaware. After all, some 300,000 companies have their headquarters in this city, which has a population of just around 70,000. More than half of all companies listed on Wall Street are based at the so-called Corporation Trust Center at 1209 North Orange Street. Coca-Cola, Meta, Google, companies owned by Donald Trump or Hillary Clinton, subsidiaries of Volkswagen, and special-purpose entities of Deutsche Bank: they all benefit from Delaware’s liberal corporate law, which attracts businesses with, among other things, extremely low taxes and the option to incorporate anonymously.
America as a Business Opportunity
Of course, there are other tax havens around the world. However, this is good to know for anyone considering starting a business in the U.S.—especially since there are currently many factors in favor of expanding into the U.S. For several years now, U.S. policy has provided attractive conditions for business growth, culminating in strong investment momentum. The U.S. government’s protectionist course is driving business investment. Added to this is the sheer size of the U.S. The United States is home to many different regional markets, each of which offers unique characteristics and business opportunities. They are connected by a dense network of highways, rail lines, airports, and seaports, which benefits logistics and production activities and keeps supply chains stable.
What is the best way to approach expansion into the U.S.?
It’s no coincidence that the U.S. is the world’s leading destination for foreign direct investment (FDI). International Trade predicts that the U.S. will replace China as Germany’s largest trading partner—a trend that is already becoming apparent: In 2023, the U.S. accounted for 15 percent of all investment commitments to Germany. That amounts to $15.7 billion, all of which is now being invested in U.S. projects—three times as much as in the previous year.
But how should one ideally approach expansion into the U.S.? After all, in addition to the registered address for starting a business, numerous other factors are significant. Although the U.S. is rightly considered business-friendly, the regulatory environment is complex—if only because of its federal system. What is the right legal structure? What are the distribution conditions, and what about the availability of raw materials and skilled workers? Where are key suppliers and potential customers located? How do labor and patent laws work, and what about trademark and insurance protection? Who needs which of the more than 180 different visas?
Question after question. io can shed light on these issues. With its many years of expertise, io has the right know-how to help you successfully make the leap across the Atlantic. Companies such as Bosch, BMW, Liebherr, and Puma have recently benefited from this expertise.
