Most Popular Blogs
Why Zero Par Value Stock Affects Franchise Tax By Amy Fountain Monday, October 6, 2025 Why Zero Par Value Stock Affects Franchise TaxWhen you form a corporation, the number of authorized shares and the par value will play a role in what your company will pay for the annual Delaware Franchise Tax. Most start-up companies are typically formed with a small number of authorized shares and a low (or zero) par value... Read More
Non-Profit Corporation vs Public Benefit Corporation By Rick Bell Tuesday, September 2, 2025 non-profit vs benefit corpUnlike a non-profit company, a PBC may be first and foremost engaged in a profitable enterprise of a very different nature from its mission, such as making food products, engaging in real estate investments or any other for-profit enterprise... Read More
What Is an LLC Operating Agreement? By Brett Melson Monday, June 30, 2025 what is an llc operating agreementThe Delaware legislature created the limited liability company (LLC) in such a way as to allow the LLC's members the freedom to contract with one another upon whatever terms they deem are best suited to their company... Read More
Dissolve a Corporation with Certificate of Dissolution By Jeremy Reed Tuesday, June 3, 2025 how to dissolve a corporationSome corporation owners do not want to pay the expense of filing a Certificate of Dissolution. There is an alternative to dissolving your corporation via Certificate of Dissolution—you can tell your Registered Agent to resign as the agent with the state... Read More
4 Things to Know about Corporate Bylaws By Brett Melson Monday, March 17, 2025 4 Things To Know about corporate bylawsCorporate bylaws provide the granular detail into how the corporation will operate and what its governance mechanics will be. They also describe the relationship among its Board of Directors, its officers and its shareholders... Read More
What is a Delaware Statutory Trust? By Rick Bell Monday, February 17, 2025 Delaware statutory trustDelaware is one of the few states in America to have a statutory trust law. Most states still rely upon common law trusts, which have many outdated rules that can create uncertainty about a number of legal aspects of the trust... Read More
Your Effective Date Affects Your Franchise Tax By Andrew Millman Tuesday, November 5, 2024 The State of Delaware is now accepting future effective dates for Incorporating your business. Learn more on how you can request a future Effective date in 2022 to save on the annual Delaware Franchise Tax... Read More
LLC Transfer of Interests By Brett Melson Monday, September 30, 2024 transfer interests in an llcIn Delaware, the LLC Operating Agreement spells out all conditions of future sales or transfers. Traditionally, the LLC Operating agreement is amended internally within the LLC only... Read More
Can You Have Multiple Businesses Under One LLC? By HBS Monday, September 16, 2024 Can I operate multiple businesses under one LLC?It is possible and permissible to operate multiple businesses under one LLC. Many entrepreneurs who opt to do this use what is called a "Fictitious Name Statement" or a "DBA" (also known as a "Doing Business As") to operate an additional business under a different name... Read More
Business Terms for Delaware Companies By Andrew Millman Monday, September 9, 2024 Business Terms for Delaware CompaniesIf 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... Read More