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 25, 2017
Anyone in the world can be a member of a Delaware LLC or corporation. 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, LP or even another Delaware LLC... Read More
What to Know about California’s LLC Forms
Monday, May 29, 2017
States require different forms when you register a foreign company for Foreign Qualification. California has three different forms for LLCs... Read More
The Delaware Series LLC Operating Agreement & Structure
Tuesday, May 16, 2017
Under 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
Pros and Cons of a Delaware Series LLC
Tuesday, February 28, 2017
Under 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?
Tuesday, February 21, 2017
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
Creating a Delaware LLC as a Holding Company
Tuesday, January 24, 2017
Delaware 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
Monday, November 28, 2016
If 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
Tuesday, October 25, 2016
An 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
Tuesday, August 23, 2016
There are both advantages and disadvantages to a Delaware series LLC. Find out why this business entity is not popular yet... Read More
U.S. Company Formations for Non-Residents
Tuesday, July 12, 2016
The 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