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.
An LLC Could Help With Your FFL Application
By
Devin Scott
Tuesday, October 29, 2019
We are noticing that many clients are forming an LLC first, and then applying for their FFL. The ATF is typically more inclined to approve an application for a business entity... Read More
We are noticing that many clients are forming an LLC first, and then applying for their FFL. The ATF is typically more inclined to approve an application for a business entity... Read More
Registered Series LLC Vs. Protected Series LLC
By
Brett Melson
Monday, October 21, 2019
Effective August 1, 2019, the Delaware Legislature amended the statute’s series LLC provisions. The amendments create a new type of “Registered Series,” but also allow series LLCs to continue as before, now called the Protected Series... Read More
Effective August 1, 2019, the Delaware Legislature amended the statute’s series LLC provisions. The amendments create a new type of “Registered Series,” but also allow series LLCs to continue as before, now called the Protected Series... Read More
Creating an Operating Agreement for Your Band
By
HBS
Monday, May 20, 2019
One of the most common and straightforward ways to define the structure is to form an LLC for the band. Forming the company means creating an LLC Operating Agreement, which allows the band to formalize roles and responsibilities of its members... Read More
One of the most common and straightforward ways to define the structure is to form an LLC for the band. Forming the company means creating an LLC Operating Agreement, which allows the band to formalize roles and responsibilities of its members... Read More
Delaware LLC Ownership Units
By
Andrew Millman
Monday, April 15, 2019
One of the key components of the Delaware LLC that makes it so popular is that the ownership, membership, management and operations of the LLC are all handled internally, via the LLC Operating Agreement... Read More
One of the key components of the Delaware LLC that makes it so popular is that the ownership, membership, management and operations of the LLC are all handled internally, via the LLC Operating Agreement... Read More
What Does an LLC Operating Agreement Do?
By
Andrew Millman
Monday, March 4, 2019
An LLC Operating Agreement covers many aspects of the LLCs structure, including ownership, membership, management, day-to-day responsibilities and more. Learn more about this important document and what aspects of the LLC it governs... Read More
An LLC Operating Agreement covers many aspects of the LLCs structure, including ownership, membership, management, day-to-day responsibilities and more. Learn more about this important document and what aspects of the LLC it governs... Read More
Delaware LLC Requirements to Get a Federal Tax ID
By
Brett Melson
Tuesday, October 2, 2018
Once a Delaware LLC has its Certificate of Formation stamped and approved by the state of Delaware, the next step is to obtain a Federal Tax ID Number, also known as an EIN, from the IRS... Read More
Once a Delaware LLC has its Certificate of Formation stamped and approved by the state of Delaware, the next step is to obtain a Federal Tax ID Number, also known as an EIN, from the IRS... Read More
The Structure of the Limited Liability Company
By
Rick Bell
Tuesday, February 27, 2018
A 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
A 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
Form a Delaware LLC Without Names on the Public Record
By
Brett Melson
Monday, December 25, 2017
Many people want to know how to file a Delaware LLC confidentially, and how to protect ownership if you file and decide not to list your member's names on your Certificate of Formation. In Delaware, the only document you are required to file in order to create an LLC is a Certificate of Formation... Read More
Many people want to know how to file a Delaware LLC confidentially, and how to protect ownership if you file and decide not to list your member's names on your Certificate of Formation. In Delaware, the only document you are required to file in order to create an LLC is a Certificate of Formation... Read More
How to Add a Series to a Delaware Protected Series LLC
By
Brett Melson
Monday, November 20, 2017
A Series LLC is a viable option for business owners who operate multiple types of businesses—they can form a separate LLC for each aspect of their business... Read More
A Series LLC is a viable option for business owners who operate multiple types of businesses—they can form a separate LLC for each aspect of their business... Read More
Delaware Series LLC Operating Agreement & Structure
By
Brett Melson
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
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