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Operate a Delaware Corporation in Wisconsin Monday, March 27, 2017

If you would like to operate your Delaware corporation in Wisconsin, you must first file for Foreign Qualification, pay a fee and provide a Delaware Certificate of Good Standing.... Continue Reading

Posted In: Compliance

How To Order a Delaware Certificate of Good Standing Tuesday, March 21, 2017

There will be times when you’ll need to check on the status of your Delaware entity and obtain a Delaware Certificate of Good Standing (also known as a Certificate of Existence). Perhaps you are applying for a bank loan or filing for Foreign Qualification in another state. Maybe you are entering into a contract with a third party, or maybe your corporation is merging with another corporation.... Continue Reading

Posted In: The Delaware Advantage

Venture Capitalists and Entrepreneurs Monday, March 20, 2017

Venture Capitalists invest in burgeoning industries that are on a clear upswing, such as tech, SEO and biotech companies. They tend to invest in companies in the middle stages—after the shaky, risky early phase yet before the soaring, competitive phase.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

Why Zero Par Value Stock Affects Franchise Tax Tuesday, March 14, 2017

When you form a corporation, think about Franchise Tax when you’re deciding the number of authorized shares and the par value of the shares. Most start-up companies are typically formed with a small number of authorized shares and a low (or zero) par value.... Continue Reading

Posted In: About Franchise Tax

What to Know When Naming a Benefit Corporation Monday, March 13, 2017

The most recent member of the family of Delaware corporate entities is the Delaware Public Benefit Corporation, also known as a Benefit Corporation or B Corporation. The Delaware Public Benefit Corporation came into existence on August 1st, 2013.... Continue Reading

Posted In: Business Strategies

Change of Ownership For an LLC Is Easy in Delaware Tuesday, March 7, 2017

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. 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.... Continue Reading

Posted In: About LLCs

Foreign Qualification: Doing Business in Other States Monday, March 6, 2017

How can you operate your Delaware LLC in the state in which are physically doing business in? A process called Foreign Qualification. However, some states will require that you provide a Certificate of Good Standing when you file for Foreign Qualification.... Continue Reading

Posted In: Compliance

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.... Continue Reading

Posted In: About LLCs

What to Know about a Limited Liability Partnership Monday, February 27, 2017

A limited liability partnership is a general partnership that has elected to be treated as a limited liability partnership under Delaware law. An LLP is not set forth in a separate portion of the Delaware code; instead, the laws governing the features of an LLP are the same as those governing general partnerships.... Continue Reading

Posted In: Business Strategies

What is a Delaware LLC Certificate of Formation? Tuesday, February 21, 2017

A Certificate of Formation is like a birth certificate for a new Delaware LLC. It is filed and must be approved by the Delaware Secretary of State. 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.... Continue Reading

Posted In: About LLCs

W9 Form: When and Why to Use It Monday, February 20, 2017

Anyone who does work for a company but is not a full-time employee of the company should fill out the W-9 federal income tax form. Freelancers and independent contractors may have to fill out many W-9 forms, depending on how many companies they work for over the course of a year.... Continue Reading

Posted In: Business Strategies

How to Do Business in Wyoming with a Delaware Company Tuesday, February 14, 2017

If you would like your Delaware LLC or corporation to operate in the state of Wyoming, you will have to file for Foreign Qualification in order to be granted the authority to do business in Wyoming from the state.... Continue Reading

Posted In: Compliance

Proof Delaware Is The Most Corporate-Friendly State Monday, February 13, 2017

The Delaware Division of Corporations 2015 Annual Report is out and proves, yet again, that Delaware is the best state to incorporate your business in.... Continue Reading

Posted In: The Delaware Advantage

Angel Investing: Words of Wisdom from David S. Rose Monday, February 6, 2017

Learn everything about angel investing by reading David Rose’s "Angel Investing: The Gust Guide to Making Money and Having Fun Investing in Startups." As of now, after more than 25 years of investing in more than 100 start-up companies, David S. Rose is recognized by just about everybody as one of the world’s most active angel investors.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

Delaware General Corporation Structure Tuesday, January 31, 2017

The Delaware general corporation is the strongest company structure in the U.S. It offers a means to raise capital, has three tiers of power and follows bylaws. The bylaws of the company set forth the powers and the limits of power in each of the three tiers. Each group may have separate priorities, and they may clash occasionally.... Continue Reading

Posted In: About Corporations

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