At the first meeting of the members (for an LLC) or the Board of Directors (for a corporation) establishing a company, a corporate resolution about banking details is often included. Although a company may agree on several different types of resolutions during the meeting, the banking resolution is often the most commonly extracted resolution from the general minutes of the meeting.... Continue Reading
Posted In: About Corporations
A conformed signature indicates that a real signature has been used on the original document. Oftentimes, business transactions are done by smartphone while on the go. Many people know already that Delaware will accept faxed and emailed copies of documents that require signatures.... Continue Reading
Posted In: The Delaware Advantage
You may be wondering what a DUNS number is used for. Here's a breakdown of what it is, plus why you may need one for your company.... Continue Reading
Posted In: Compliance
Each state has different requirements for Foreign Qualification. Virginia, like most states, has an application process and a state fee for Virginia registration for a Delaware LLC. The state of Virginia also requires additional documentation from your Delaware LLC.... Continue Reading
Posted In: Compliance
When partnering with a company or an individual, it is often important to know exactly what your roles, duties, and liabilities may be. There are two common types of partnerships that often get confused: general partnership and limited partnership.... Continue Reading
Posted In: About LLCs
If you own a Delaware LLC or corporation, here’s what banks typically require in order to open a business bank account.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
Foreign Qualification is the manner in which Florida grants you permission to operate your Delaware corporation there. It is a very important step that is sometimes forgotten, but if you fail to comply with Florida's local compliance regulations, you may be putting yourself and your company at risk.... Continue Reading
Posted In: Compliance