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About LLCs
Companies Served Since 1981

About LLCs


The LLC is the most popular type of Delaware business formation. In these blogs, we examine all aspects of LLCs, including LLC Operating Agreements.

What is a Delaware LLC Certificate of Formation?
By Devin Scott Tuesday, February 21, 2017

delaware LLC certificate of formationA Certificate of Formation is like a birth certificate for a new Delaware LLC. It is filed and must be approved by the Delaware Secretary of State. The Certificate of Formation is the document you receive from the state of Delaware once your LLC is filed and approved by the Delaware Secretary of State, Division of Corporations... Read More

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Creating a Delaware LLC as a Holding Company
By Andrew Millman Tuesday, January 24, 2017

create a delaware llc as a holding companyCreating a Delaware LLC as a holding company protects your business and personal assets in an organized business structure for your companies. Delaware LLCs can conduct any lawful business activity anywhere in the world... Read More

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NY’s LLC Publication Requirement for Foreign Entities
By Jeremy Reed Monday, November 28, 2016

new york LLC publication requirementIf you would like to operate your Delaware LLC in the state of New York, you can easily do so after you file for Foreign Qualification. Foreign Qualification is the process in which the New York Department of State gives your Delaware LLC permission to legally operate in that state... Read More

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The Delaware Series LLC Operating Agreement & Structure
By Brett Melson Tuesday, November 15, 2016

delaware series llcUnder Delaware law, a series LLC (limited liability company) may be composed of individual series of membership interests. This type of entity is referred to as a Delaware series LLC. Here's what you need to know about the Delaware series LLC, including the series LLC operating agreement... Read More

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7 Key Items to Include in Your LLC Operating Agreement
By Brett Melson Tuesday, October 25, 2016

7 Key Items to Include in Your LLC Operating AgreementAn LLC Operating Agreement expresses the fundamental understanding among its members of the how the company will operate as well as the members’ respective rights and obligations, including such issues as voting, ownership and management rights... Read More

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Advantages & Disadvantages of a Delaware Series LLC
By Brett Melson Tuesday, August 23, 2016

benefits of a Delaware Series LLCThere are several advantages to a Delaware series LLC, which is why so many people inquire about the structure of the Delaware series LLC. In a series LLC, owners need only form one LLC; they can then establish any number of separate series internally, without any additional expenses for the creation of an these individual series... Read More

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U.S. Company Formations for Non-Residents
By Brett Melson Tuesday, July 12, 2016

us company formations for non residentsThe Delaware Corporate Law structure does not impose restrictions on foreign ownership or management. It also does not require a Delaware LLC to maintain any physical presence in the state of Delaware other than a Registered Office and Registered Agent... Read More

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Delaware LLC Ownership: Units
By Andrew Millman Monday, July 11, 2016

Delaware LLC Ownership UnitsDelaware LLC ownership interest can be shown via percentages or membership units. An Operating Agreement can dictate classes of ownership & voting power... Read More

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Business Structure: LLC
By Andrew Millman Wednesday, June 1, 2016

business structure of an llcA member of an LLC may also function as a manager, but an LLC does not need to have a manager; members can run the company on their own. As for managing-member vs member classifications, it is simple: when a member is also a manager, he or she is usually referred to as a "managing-member.".. Read More

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What Is an LLC Operating Agreement? [with templates]
By Brett Melson Tuesday, April 12, 2016

what is an llc operating agreement?The Delaware legislature created the limited liability company (LLC) in such a way as to allow the LLC's members the freedom to contract with one another upon whatever terms they deem are best suited to their company... Read More

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Change of Ownership For an LLC Is Easy in Delaware
By Brett Melson Sunday, April 3, 2016

change of ownership for an llcChange of ownership for an LLC can be complicated and requires costly amendments in most U.S. states. However, not in the state of Delaware. The only document required to be filed in Delaware to create an LLC is the Certificate of Formation. Unlike other states, Delaware requires very little information to be made public in order to form an LLC. However, not in the state of Delaware. The only document required to be filed in Delaware to create an LLC is the Certificate of Formation. Unlike other states, Delaware requires very little information to be made public in order to form an LLC... Read More

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LLC Operating Agreement: Family Business
By Brett Melson Tuesday, November 3, 2015

llc operating agreement for a family businessAn LLC Operating Agreement can preserve ownership in your family business. Here’s how, from Harvard Business Services, Inc... Read More

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