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.

The Delaware Series LLC Operating Agreement & Structure By Brett Melson Tuesday, May 16, 2017 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
Change of Ownership For an LLC Is Easy in Delaware By Brett Melson Tuesday, March 7, 2017 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... Read More
Pros and Cons of a Delaware Series LLC By Brett Melson Tuesday, February 28, 2017 pros and cons of a delaware series llcUnder Delaware law, a limited liability company (LLC) may be composed of an individual series of membership interests. This type of entity is referred to as a Delaware series LLC... Read More
What is a Delaware LLC Certificate of Formation? By Devin Scott Tuesday, February 21, 2017 delaware LLC certificate of formationThe 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
Creating a Delaware LLC as a Holding Company By Andrew Millman Tuesday, January 24, 2017 create a delaware llc as a holding companyDelaware LLCs can conduct any lawful business activity anywhere in the world. Some people explore the low-cost series LLC when they want to operate several different businesses, which is very enticing since there is only one annual Franchise Tax payment to the state of Delaware and one annual Registered Agent Fee... Read More
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
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
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
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
LLC Operating Agreement: Family Business By Brett Melson Tuesday, November 3, 2015 llc operating agreement for a family businessA Delaware LLC can be very flexible when it comes to preserving ownership in the family business you've worked so hard to create. In fact, an LLC has the potential to preserve ownership for future decades... Read More