The LLC is the most popular type of Delaware business formation. In these blogs, we examine all aspects of LLCs, including LLC Operating Agreements.
Who Can Be a Member of an LLC?
Tuesday, July 20, 2021
Anyone in the world can be a member of a Delaware LLC. Generally, the members of an LLC are individuals, but it doesn’t stop there. Many people opt to set up the Delaware LLC with another company as the member. This can be a corporation, Limited Partnership or even another Delaware LLC... Read More
New York State Requirements for LLCs
Monday, May 17, 2021
You don’t have to handle the New York Application for Authority and Certificate of Publication on your own. Your registered agent can help you with these requirements... Read More
Withdrawing your Delaware LLC from the State of California
Monday, May 10, 2021
If you’ve registered your Delaware LLC as a foreign LLC with the California Secretary of State, and you have decided that you will no longer do business operations in California, we can help you file the California Certificate of Cancellation (Form LLC-4/7) with the California Secretary of State... Read More
Emergency: How Do I Get My Company Back in Good Standing?
Monday, May 3, 2021
If you find that your Delaware company has a Cease Good Standing status, you can get your company back into Good Standing by getting current on taxes and fees. If your company has gone VOID in Delaware, a Certificate of Renewel is needed, as well... Read More
Business License or LLC? Which Comes First?
Tuesday, April 20, 2021
Obtaining a business license is not the same as forming an LLC or other legal entity for your business. Whereas the license approves your specific business in a certain jurisdiction, an LLC provides an official, legally-recognized business structure... Read More
Public Benefit LLC or Public Benefit Corporation
Monday, April 5, 2021
This article outlines key differences between the Public Benefit LLC and the Public Benefit Corporation, entities designed for those who want to do good while seeking a profit... Read More
What Is an LLC Operating Agreement?
Tuesday, March 9, 2021
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
Change of Ownership For an LLC Is Easy in Delaware
Tuesday, February 2, 2021
Change of ownership for an LLC can be complicated and requires costly amendments in most U.S. states. However, not in the state of Delaware. Unlike other states, Delaware requires very little information to be made public in order to form an LLC... Read More
General Partnership vs Limited Partnership
Monday, December 7, 2020
When partnering with a company or an individual, it is often important to know exactly what your roles, duties, and liabilities may be. There are two common types of partnerships that often get confused: general partnership and limited partnership... Read More
Free Webinar: Understanding the Series LLC
Monday, November 30, 2020
Unlike basic LLCs, the Series LLC typically involves several inter-related entities, sometimes referred to as a “parent” LLC and multiple “child” LLCs. On top of that, there are different types of series available for Delaware LLCs that can create additional questions and issues... Read More