Delaware

Possessing an area of only 2,489 square miles, Delaware is the second smallest of the 50 U.S. states. It is located on the east coast of the United States, with the majority of its land area consisting of flat coastal plains. Lenient tax policies and business practice laws make Delaware attractive to many corporations. Several of the nation’s largest banking and financial services companies have established headquarters in the state. Also, more than half of the 500 largest industrial corporations are chartered in the state. Most corporations are located in the north, while farming is still the most substantial economic contributor in the southern portion of the state.