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 to Know about California’s LLC Forms By Andrew Millman Monday, May 8, 2023 californias llc formsStates require different forms when you register a foreign company for Foreign Qualification. California has three different forms for LLCs... Read More
Converting an LLC to a Series LLC By Brett Melson Monday, April 3, 2023 Series LLCIt's possible to convert an LLC to a series LLC. Here's how the process works & when/why you should consider this change. | File a Delaware LLC today... Read More
LLC Transfer of Interests By Brett Melson Monday, March 27, 2023 transfer interests in an llcIn Delaware, the LLC Operating Agreement spells out all conditions of future sales or transfers. Traditionally, the LLC Operating agreement is amended internally within the LLC only... Read More
Change of Ownership For an LLC Is Easy in Delaware By Brett Melson Monday, February 27, 2023 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. Unlike other states, Delaware requires very little information to be made public in order to form an LLC... Read More
Business License or LLC? Which Comes First? By HBS Sunday, January 29, 2023 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
Who Can Be a Member of an LLC? By Andrew Millman Monday, January 2, 2023 who can be a member of an llcAnyone 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
Mistakes to Avoid When Adding a Registered Series By Brett Melson Monday, December 19, 2022 Clients attempting to file on their own have been met with confusion and frustration as their filings are rejected. Here are two of the reasons why they’ve been having trouble... Read More
How a Family Business Can Set Up Its LLC Operating Agreement By Brett Melson Monday, November 14, 2022 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
Operating Multiple Businesses Under One LLC By HBS Monday, November 7, 2022 Can I operate multiple businesses under one LLC?It is possible and permissible to operate multiple businesses under one LLC. Many entrepreneurs who opt to do this use what is called a "Fictitious Name Statement" or a "DBA" (also known as a "Doing Business As") to operate an additional business under a different name... Read More
Creating a Delaware LLC as a Holding Company By Andrew Millman Monday, August 22, 2022 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