Posted by Andrew Millman
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

Close Your Delaware LLC or Corporation by December 31st Tuesday, December 18, 2018

Are you closing your Delaware LLC or corporation? Get your Certificate of Cancellation or Certificate of Dissolution filed by Dec. 31 and save money.... Continue Reading

Posted In: Business Strategies

Who Can Be a Member of an LLC? Tuesday, November 27, 2018

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

Your Effective Date Affects Your Franchise Tax Monday, November 12, 2018

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

What Is My Business Address? Monday, October 1, 2018

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

What is a DBA, or Doing Business As? Tuesday, August 21, 2018

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 Pros and Cons of a Delaware Name Reservation Monday, August 6, 2018

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

What Is Foreign Qualification? Tuesday, July 10, 2018

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

What to Consider When Naming a Company Monday, July 9, 2018

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

How to Speed Up Your EIN Application Monday, May 28, 2018

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

What Is A Certified Copy for a Delaware Company? Monday, April 23, 2018

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