Delaware Businesses and Flipping C Corporations from Global to US
A flip involves a U.S. corporation, typically a Delaware corporation taxed under subchapter C of the Internal Revenue Code, and transacting with your home country company, rendering it a subsidiary of Delaware C corp, with the goal of attracting U.S. investors and customers.
United States Internal Revenue Code How Does Elaware Subchapter C Delaware Corporations Delawarec Corp
Source: natlawreview.com