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.... Continue Reading
Posted In: About LLCs
The Franchise Tax for Delaware LLCs and Delaware LPs is due on or before June 1st of each year, and the Delaware Franchise Tax and annual report for Delaware Corporations is due by March 1st each year. This cycle is triggered the second the company is officially on the books with the Delaware Secretary of State.... Continue Reading
Posted In: Business Strategies
As your registered agent, we are the liaison between your company and the state. Your business address is not the registered agent’s address, but rather your primary place of business.... Continue Reading
Posted In: Business Strategies
Business owners often choose to operate under multiple, different names for a number of different ventures. For example, ABC Company, Inc. may find the need to set up multiple, different DBAs using the names XYZ Landscaping, Inc. and 123 Construction, Inc.... Continue Reading
Posted In: Business Strategies
The name reservation is an optional service used to reserve a company name with the State of Delaware Secretary of State Division of Corporation, in order to secure the name for an anticipated future-filing.... Continue Reading
Posted In: The Delaware Advantage
Foreign Qualification is the process of registering your Delaware LLC or corporation, which is considered domestic to the state of Delaware and foreign to all other states, as a foreign entity in your company's home state.... Continue Reading
Posted In: Compliance
We can check the company name for any Delaware startup, and typically receive a definitive answer on whether or not it contains any restricted words and if the proposed company name will get approved by the Delaware Division of Corporations.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
The possibility of causing a delay during the EIN application process could potentially handicap your new business. This would be a less than ideal start for a new venture.... Continue Reading
Posted In: Business Strategies
A Certified Copy can be used as evidence to show that a particular filing was filed legally with the state of Delaware’s Division of Corporations on a specific date; it also proves whether it has been filed at all.... Continue Reading
Posted In: Business Strategies
Each business entity requires different company formation documents upon incorporation. We explain them all | Certificate of Incorporation... Continue Reading
Posted In: Business Strategies
Did you know you can make more than one change in a single amendment? If you need to amend more than just one aspect of your original Certificate of Incorporation (or Certificate of Formation, for an LLC), you can do so.... Continue Reading
Posted In: Business Strategies
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."... Continue Reading
Posted In: About LLCs
If you own a Delaware company, there are several business terms you should be familiar with so you understand all your company’s important documents and dates.... Continue Reading
Posted In: The Delaware Advantage
Who can incorporate in Delaware? What's required to form an LLC in Delaware? Here's why Delaware is the popular choice for businesses.... Continue Reading
Posted In: The Delaware Advantage
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.... Continue Reading
Posted In: About LLCs