Posted by All Contributors
Advantages of a Delaware Close Corporation Tuesday, August 22, 2017

A General Corporation can have as many shareholders as it sees fit. With a Close Corporation, there are restrictions on the sale or transfer of stock. The sale or transfer of stock in a Close Corporation can be restricted by the Right of First Refusal clause.... Continue Reading

Posted In: About Corporations

We Have Redesigned Our Website for Your Convenience Monday, August 21, 2017

Our website is now in full Responsive Design, making it easier for you to use across all your devices, such as smart phones, tablets and desktops.... Continue Reading

Posted In: About Harvard

Why Do So Many Companies Incorporate in Delaware? Tuesday, August 15, 2017

Why do businesses incorporate in Delaware? Tax liability, legal protection and a variety of other reasons, such as Delaware has no minimum bank account requirement for a company’s bank account.... Continue Reading

Posted In: The Delaware Advantage

What Is The Role of a President of a Corporation? Monday, August 14, 2017

The person who is President of a company is in the highest position within an organization and, in some cases, takes on the title of Chief Executive Officer as well.... Continue Reading

Posted In: About Corporations

What is a DBA, or Doing Business As? Tuesday, August 8, 2017

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

You Incorporated Your Startup Company. Now What? Monday, August 7, 2017

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

How to Get a Tax ID Number for a Delaware LLC Tuesday, August 1, 2017

Once a Delaware LLC has its Certificate of Formation stamped and approved by the state of Delaware, the next step is to obtain a Federal Tax ID Number, also known as an EIN, from the IRS.... Continue Reading

Posted In: About LLCs

Are You Operating a Delaware Company in Indiana? Monday, July 31, 2017

Your Delaware company can legally operate in the state of Indiana once you file Foreign Qualification and complete the application process.... Continue Reading

Posted In: Compliance

Who Can Be a Member of an LLC? Tuesday, July 25, 2017

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

Why Delaware Corporate Law Matters So Much Monday, July 24, 2017

Delaware corporate law has had an immense and ongoing effect on the business world, shaping various aspects of the corporate sector.... Continue Reading

Posted In: Business Strategies

What Is a Conformed Signature? Tuesday, July 18, 2017

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

Filing S-Corp Status on a New Delaware Corporation Monday, July 17, 2017

The Subchapter S tax status, also known as an S corporation or S-Corp, is a very popular tax status for newly formed corporations. Subchapter S tax status allows for a unique taxation method whereby the profits and losses flow through the company to the shareholders.... Continue Reading

Posted In: Business Strategies

What Is a Resale Certificate? Tuesday, July 11, 2017

The purpose of a resale certificate--also known as a tax exemption certificate--is to allow you to buy goods through your business without paying local sales tax.... Continue Reading

Posted In: Business Strategies

What to Consider When Naming a Company Monday, July 10, 2017

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

Change Your Business Name with the IRS Tuesday, July 4, 2017

Under most circumstances, changing your business name with the IRS will not require a new EIN—though it will require an EIN name change. To make this determination, see IRS Publication 1635.... Continue Reading

Posted In: Business Strategies