Corporation Trust Center Explained

The Corporation Trust Center is operated by CT Corporation, a subsidiary of Dutch information services firm Wolters Kluwer. The company provides "registered agent services"^[1] and, as such, is not responsible for the business or legal affairs of the customers it serves. In 2012, it was the registered agent address of at least 285,000 separate American and foreign businesses who operate or trade in the United States.^[2] The split level building is located at 1209 North Orange Street in Wilmington, Delaware, United States.

Many companies are incorporated in Delaware for its business-friendly General Corporation Law. It was estimated in 2012 that $9.5 billion of potential taxes had not been levied over the past decade, due to an arrangement known as the "Delaware loophole".^[2] Companies formed in Delaware are required to have an address in the state at which process may be served. Therefore, Delaware entities with no physical office in the state must have a registered agent with a Delaware address. Notable companies represented by CT at this location include Google, American Airlines, Apple Inc., General Motors, The Coca-Cola Company, Walmart, Yum! Brands, Verizon, Take-Two Interactive, multiple subsidiaries of Merlin Entertainments^[3] and about 430 of Deutsche Bank's more than 2,000 subsidiary companies and special purpose companies.^{[4] [5]} Both former President of the United States Donald Trump, and his main opponent in the 2016 United States presidential election, Hillary Clinton, have registered companies at the center.^[6]

See also

• Delaware General Corporation Law
• List of company registers
• Ugland House in George Town, Cayman Islands — the registered office address for 40,000 entities, including many major investment funds, international joint ventures and capital market issuers

Notes and References

1. Web site: CT Corporation - Registered Agent, Incorporation, Entity Management and Compliance Services . dead . https://web.archive.org/web/20121215082647/http://ct.wolterskluwer.com/ctcorporation . 2012-12-15 . ct.wolterskluwer.com.
2. News: Wayne . Leslie . 2012-06-30 . How Delaware Thrives as a Corporate Tax Haven . en-US . The New York Times . live . limited . 2020-11-24 . https://web.archive.org/web/20201124194045/https://www.nytimes.com/2012/07/01/business/how-delaware-thrives-as-a-corporate-tax-haven.html . 2020-11-24.
3. Web site: 10 August 2018 . High Court Trespass Injunction - Merlin Entertainments . 22 August 2022 . Alton Towers Resort - High Court Decision 10th August 2018 . May 25, 2022 . https://web.archive.org/web/20220525232455/https://www.altontowers.com/media/zjnp5gcl/merlin-law-pt-2018-000372-10-aug-2018-redacted-v3.pdf . live .
4. News: Clark . Andrew . 2009-04-10 . Welcome to tax-dodge city, USA . 2024-05-17 . . en-GB . 0261-3077 . December 24, 2016 . https://web.archive.org/web/20161224033144/https://www.theguardian.com/business/2009/apr/10/tax-havens-blacklist-us-delaware . live .
5. Web site: Plusminus – Das Wirtschaftsmagazin - DasErste.de . ARD Mediathek . July 14, 2012 . August 18, 2012 . https://web.archive.org/web/20120818221537/http://www.daserste.de/plusminus/beitrag_dyn~uid,g14yuwn57c79vi7q~cm.asp . live .
6. News: Neate . Rupert . 2016-04-25 . Trump and Clinton share Delaware tax 'loophole' address with 285,000 firms . 2016-04-25 . . en-GB . 0261-3077.