New Jersey is one of the states which bid for the business of incorporating companies and her laws are therefore extremely liberal to corporations, with the exception that high incorporation fees and an annual franchise tax are required.

Stock may be issued for either cash or property and judgment of directors as to the value of latter is conclusive. Cumulative and trust voting of stock is permitted. Corporations may hold stock in other corporations. Incorporators may be non-residents and directors' meetings may be held outside of state.