Over 100M people within an overnight drive (800km)
Connection to 37 international destinations in Europe, Asia, and South America from 2 nearby airports
3 full-service ports within 100 miles, including Port Wilmington with an annual capacity of 500,000 TEU
Delaware’s convenient location on the East Coast positions the state as a prime destination for businesses interested in foreign direct investment. Situated in the Northeast corridor, Delaware offers easy access to major railways, ports, and markets across the United States. The benefits of Delaware are plentiful from the state’s location, its economically competitive environment- defined by favorable tax policies, hearty workforce and affordable operational costs only boosts its appeal to business’s operating foreign direct investments.
Over 100M within overnight drive (800km)
3/4 of cargo in Delaware traveled 800 km or less (NTRC 2022)
0 (BTS 2022)
65 trains daily (Amtrak 2022)
18 trains daily (SEPTA 2023)
500,000 TEU (Port Wilmington 2023)
37 airports in 27 countries from BWI & PHL (FlightsFrom 2023)
60 million kg of cargo and 6,000 passengers annually (AFB 2023)
Delaware is a top destination for businesses expanding into the United States and a desired target for foreign direct investment. Situated in the heart of the Northeast corridor, Delaware is extremely well-connected via road, rail, sea, and air.
I-95, the principal roadway on the eastern U.S. coast, runs through the City of Wilmington in northern Delaware and directly links the state with Washington D.C., Baltimore, Philadelphia, New York City, and Boston.
High-speed passenger and freight rail are abundant in Delaware. Amtrak, a high-speed rail provider, services Wilmington, DE with direct trains to New York, Boston, Miami, New Orleans, Charlotte, Atlanta, and more. SEPTA, the local rail service, connects Delaware to Philadelphia and the surrounding region. CSX and Norfolk Southern also operate regular service in Delaware.
Port Wilmington is a full-service, deepwater port and marine terminal on the Delaware River with the ability to handle container, perishable, breakbulk, dry bulk, liquid bulk, Ro-Ro, and other cargo. Port Wilmington is also the first stop off the Atlantic Ocean on the Delaware River.
Wilmington Airport (ILG) continues to add new domestic destinations while nearby Philadelphia International Airport (PHL) and Baltimore/Washington International Airport (BWI) offer daily nonstop flights from all major airlines. Also, the Dover Air Force Base (AFB) operates the Super Port, the largest state-side aerial port in the Department of Defense.
Additionally, Delaware has hundreds of properties currently available to lease or buy, ranging from greenfield to turnkey sites. Explore our current listings here or contact Becky Harrington, Vice President Business Development at bharrington@choosedelaware.com to find the right property for your business needs.
333.3M (ACS 2022)
$25.7TN (BEA 2022)
$74,755 (ACS 2022)
$190.5BN (OECD 2022)
1st on the Global Innovation Index (WIPO 2023)
6th most business-friendly regulations in the world (World Bank 2020)
4th best access to finance in the world (World Bank 2020)
14 free trade agreements with 20 countries (USTR 2023)
Locating in the United States affords businesses and entrepreneurs access to the largest consumer market in the world plus the benefit of business-friendly regulations, access to capital, and the rule of law.
In addition to the large and wealthy domestic market, free trade agreements ensure businesses in the United States can deal freely with 20 countries, including many countries in South America, one of the fastest developing markets globally.
Founded on principles of free enterprise, innovation, and competition, the United States has some of the most business-friendly regulations on the planet. Stable governance, transparency, and the protection of individual rights ensure all businesses have an equal opportunity to prosper. Intellectual property and the right to privacy are highly valued and protected as well.
As the birthplace of the venture capital industry, the access to funding in the United States is unmatched. This allows entrepreneurs to act quickly, be innovative, and stay ahead of the competition.
In the United States, Delaware is the ideal state for foreign direct investment due to its business-friendly regulatory environment, affordable East Coast location, and talented workforce. At Delaware Prosperity Partnership, we can help guide you through the next steps in finding a location and moving to the state of Delaware.
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2nd best for new firms (KPMG 2021)
3rd best in the United States (US News 2023)
8th best in the nation for new R&D facilities (KPMG 2021)
6th highest in the country (EDA 2020)
Delaware’s business-friendly tax and regulatory system is a primary reason that businesses locate in Delaware. The First State consistently ranks very highly in terms of tax favorability and business environment, especially for new firms entering the market.
In Delaware, you can form an entity in only a few hours. The Delaware General Corporation Law is characterized by three basic features: a simple formation procedure, low corporate tax burden, and broad powers for companies. Learn more here about incorporation from our partners at Corporation Service Company (CSC), one of the world’s premier providers of business, legal, tax, and digital branding services.
Delaware is the nation’s center for corporate litigation and legal advice. The Chancery Court has an internationally renowned reputation for its expertise, stability, and specialization. All cases before the Chancery Court are heard by judges who are selected for their superior knowledge of business law.
Additionally, Delaware is proud of its modest size which ensures elected officials, advocacy groups, and the community must work together to solve problems. In Delaware, key decision makers and influencers are never more than a few calls, or a few kilometers, away.
Businesses in Delaware are free to pursue strategies that focus on environmental impact, social equity and inclusion, and accountable leadership. Companies such as DuPont, FMC, Chemours, and others progress toward corporate responsibility commitments, sustainability goals, and diversity efforts in Delaware without interference from the government.
Lastly, Delaware has no sales tax, no value-added tax (VAT), low property taxes, and no personal property taxes including inventory, machinery, and equipment. Businesses in Delaware can operate at a lower cost than competitors in other states in the northeastern United States while still maintaining easy access to the East Coast market.
39.7% (Chmura JobsEQ+ 2021)
827,376 (Chmura JobsEQ+ 2021)
8,321,001 (Chmura JobsEQ+ 2021)
192 (Chmura JobsEQ+ 2021)
Delaware has access to a highly productive, diverse, and talented workforce. Colleges and universities in the state as well as in the surrounding region work hard to train the next generation of thinkers and leaders.
Delaware also has multiple workforce training programs to ensure the skills of our community match the needs of our business landscape. Delaware Works is a statewide platform that connects businesses and employees, offering business employment, and career-planning resources. Delaware Pathways aims to align skill-building programs in high schools and post-secondary institutions with workforce needs as well as to engage employers with Delaware’s talent pipeline.
Additionally, Delaware’s vocational technical high schools are celebrated as a national model for vocational technical education. At the six full-time vocational schools across the state, students receive on-the-job training in careers fields like science, construction, transportation, business, and more.
Learn more about Delaware’s major industries and employment specialization here.
In addition to Delaware’s business-friendly environment, optimal location, and talented workforce, the state provides a selection of performance-based, discretionary grant assistance for businesses looking to locate in Delaware. Learn more about our previously located projects here.
Delaware Prosperity Partnership can help identify potential funding opportunities and guide qualifying companies through the application process. If you are interested in locating in Delaware and learning more about business assistance opportunities, please contact Vice President Business Development Becky Harrington at bharrington@choosedelaware.com for more information.
Additionally, the Delaware Global Innovation program offers a soft-landing for foreign companies interested in moving to Delaware. Delaware Prosperity Partnership (DPP), in partnership with CSC, provides access to discounted rates on turnkey, flexible co-working space in downtown Wilmington. This soft-landing program gives international companies a comfortable and well-connected homebase while they establish their business in the United States. Learn more here about incorporation from our partners at CSC, one of the world’s premier providers of business, legal, tax, and digital branding services.
Lastly, Foreign Trade Zone (FTZ) #99 encompasses the entire state of Delaware and offers a competitive advantage for companies importing and exporting to Delaware. An FTZ is an area inside the U.S. that is considered outside the U.S. for duty and tax purposes, creating benefits such as tax savings, lower overhead, larger profit margins, and expedited supply chain.
13.6°C (Range from -4 to 30°C)
613 km
17
Kalmar, Sweden; Fulda, Germany; Osogbo, Nigeria; Olevano sul Tusciano, Italy; Nemours, France
Miyagi Prefecture, Japan; Gujarat, India
Diverse communities flourish throughout Delaware, supported by the state’s rich history of immigration and welcoming spirit. DuPont, one of the most famous companies in the world, was founded by a French immigrant in Delaware.
Delaware has cultivated sister state relationships with both Miyagi Prefecture, Japan and Gujarat, India. In addition, the City of Wilmington, Delaware has five different sister city relationships, allowing the city to cultivate educational, cultural, and artistic exchanges around the world.
Plus, the only thing better than working in Delaware is living in Delaware. Located on the Delmarva Peninsula, Delaware’s coastal location provides residents with the beautiful seasonality of the Northeast and a mild climate. Whether it’s the dynamic downtowns, pastoral farmland, wooded hills, or sandy beaches, somewhere in Delaware will remind you of home. Learn more about living in Delaware here.
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