Hacker News new | ask | show | jobs
by suzakus 502 days ago
But this is about where the company is incorporated (Delaware), not about where it's headquartered. The article mentions that Meta headquarters is staying in California (at least, for now).
1 comments

Step 1 in get incorporated elsewhere. Step 2 is find political support to build an HQ (read financial incentives). Step 3 is move the HQ.
They could move the HQ without changing where they are incorporated. They also don’t need political support. It’s not a democracy. There are no steps.
You don't need to be incorporated in Texas to move the actual facilities there, so why is that step 1?
I didn’t say you need to follow the steps. But this is the standard playbook for Billionaires seeking political favors and tax incentives.

Incorporating somewhere can get you political favor, which in turn can get you tax incentives. If you’re planning to move your Hq (which is a multi year long effort), it definitely helps if you have the first two steps lined up.