Posted by Andrew Millman
Benefits of a Delaware LLC Tuesday, December 3, 2019

There are a number of reasons a Delaware LLC is uncomplicated to form and maintain. The Delaware LLC is well-known for its unmatched flexibility and low maintenance requirements.... Continue Reading

Posted In: About LLCs

How to Close Your Delaware Company Monday, December 2, 2019

Are you closing your Delaware LLC or corporation? Do it by Dec. 31st! By filing your cancellation or dissolution by the end of the year, you’ll avoid having to pay the next year's franchise tax.... Continue Reading

Posted In: Business Strategies

4 Common and Avoidable Start-Up Mistakes Monday, November 11, 2019

Try to avoid these common start-up mistakes so you won't waste money or time when you are busy running your new company.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

Creating a Delaware LLC as a Holding Company Tuesday, November 5, 2019

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.... Continue Reading

Posted In: About LLCs

Your Effective Date Affects Your Franchise Tax Monday, November 4, 2019

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

Company Formation Documents, Defined Tuesday, October 1, 2019

Each business entity requires different company formation documents upon incorporation. Here's what you need to know about them.... Continue Reading

Posted In: Business Strategies

Should You Reserve a Company Name in Delaware? Tuesday, September 10, 2019

In most cases, a name reservation is not necessary and can actually delay the process and incur additional expenses. However, there are some scenarios where a name reservation would make sense.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

The Marijuana Industry Continues to Grow Monday, September 9, 2019

The marijuana market is among the fastest growing industries in the US. Medical marijuana is booming and recreational legalization isn’t far behind, with several states already ahead of the game. As a result, more and more clients are forming Delaware companies to take advantage of this expanding industry.... Continue Reading

Posted In: The Delaware Advantage

Delaware Companies for International Business Owners Tuesday, August 27, 2019

Here’s how international business owners who live anywhere in the world can easily form a Delaware company.... Continue Reading

Posted In: Business Strategies

Who Can Incorporate in Delaware? Tuesday, July 30, 2019

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

What Happens when You Don’t Pay Your Franchise Tax? Monday, June 3, 2019

If you miss a Franchise Tax payment for your Delaware company, this will always be on the record with the Delaware Division of Corporations, even if you pay all the past due Franchise Tax and bring the company back into good standing.... Continue Reading

Posted In: About Franchise Tax

You Incorporated Your Startup Company. Now What? Tuesday, May 7, 2019

Forming a business entity is just the beginning. There are many pivotal steps you’ll need to take before your new company can start doing business.... Continue Reading

Posted In: Entrepreneurs & Start-Ups

Delaware LLC Ownership: Units 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.... Continue Reading

Posted In: About LLCs

Business Terms for Delaware Companies Tuesday, April 9, 2019

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

What Does an LLC Operating Agreement Do? 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.... Continue Reading

Posted In: About LLCs