Business Strategies
Learn how to incorporate your Delaware business as well as tips, suggestions and smart business ideas for you to utlize before and after incorporating a company in Delaware.
Can I Convert a Corporation to an LLC?
By
Brett Melson
Tuesday, January 5, 2021
A Delaware LLC structure is more flexible than a corporation, as an LLC Operating Agreement may contain provisions and terms that would not be permissible in the context of a Delaware corporation... Read More
A Delaware LLC structure is more flexible than a corporation, as an LLC Operating Agreement may contain provisions and terms that would not be permissible in the context of a Delaware corporation... Read More
Company Name Not Available... Now What?
By
Justin Damiani
Tuesday, December 15, 2020
Perhaps you’re forming a new Delaware Corporation under the name, Jones Financial Services Inc. and the name is not available in Delaware. A slight alteration to the entity name such as Jones Financial Group Inc. or Jones Financial Solutions Inc. may be successful... Read More
Perhaps you’re forming a new Delaware Corporation under the name, Jones Financial Services Inc. and the name is not available in Delaware. A slight alteration to the entity name such as Jones Financial Group Inc. or Jones Financial Solutions Inc. may be successful... Read More
How to Create a Second Company with the Same Name
By
Justin Damiani
Monday, December 14, 2020
Say you have an active Delaware Limited Liability Company named Sports Apparel LLC, and would like to form a new Delaware Corporation. You can form the new corporation with the same basic name, such as Sports Apparel Inc., as long as you submit a consent form along with your filing of the new Certificate of Incorporation... Read More
Say you have an active Delaware Limited Liability Company named Sports Apparel LLC, and would like to form a new Delaware Corporation. You can form the new corporation with the same basic name, such as Sports Apparel Inc., as long as you submit a consent form along with your filing of the new Certificate of Incorporation... Read More
Why Convert Your Tax Status from S-Corp to C-Corp
By
Jeremy Reed
Tuesday, December 8, 2020
The most common change in taxation status is from a C corporation (usually a General Corporation) to an S corporation in order to allow for pass-through taxation of income or loss. This is typically done to avoid double taxation of corporate income... Read More
The most common change in taxation status is from a C corporation (usually a General Corporation) to an S corporation in order to allow for pass-through taxation of income or loss. This is typically done to avoid double taxation of corporate income... Read More
How to Close Your Delaware Company
By
Amy Fountain
Tuesday, December 1, 2020
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... Read More
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... Read More
Your Effective Date Affects Your Franchise Tax
By
Andrew Millman
Tuesday, November 3, 2020
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... Read More
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... Read More
Comparison: Uncertificated Shares vs. Certificated Shares
By
Jarrod Melson
Monday, November 2, 2020
This article discusses the drawbacks and dangers of using certificated shares and the effect these issues can have on a corporation’s ability to maintain an accurate and up to date stock ledger, as required by the Delaware General Corporation Law (DGCL)... Read More
This article discusses the drawbacks and dangers of using certificated shares and the effect these issues can have on a corporation’s ability to maintain an accurate and up to date stock ledger, as required by the Delaware General Corporation Law (DGCL)... Read More
Filing S-Corp Status on a New Delaware Corporation
By
Brett Melson
Tuesday, October 20, 2020
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... Read More
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... Read More
How to Request Resignation of Your Registered Agent
By
Amy Fountain
Tuesday, October 13, 2020
In some situations, a business owner may seek to have their Delaware Registered Agent resign upon the business entity. This course of action is not the same as filing a formal certificate; it will put the company into a forfeit status with the state... Read More
In some situations, a business owner may seek to have their Delaware Registered Agent resign upon the business entity. This course of action is not the same as filing a formal certificate; it will put the company into a forfeit status with the state... Read More
Forming an LLC for Your Uber or Airbnb Business
By
Michael Kupfer
Monday, October 12, 2020
Transferring business assets to a company draws a distinction between yourself and your business. In the event you are sued, it will be much more difficult for a plaintiff to seek compensation from your personal assets... Read More
Transferring business assets to a company draws a distinction between yourself and your business. In the event you are sued, it will be much more difficult for a plaintiff to seek compensation from your personal assets... Read More