Most Popular Blogs
Foreign Qualification Common Mistakes
By
Andrew Millman
Monday, June 29, 2026

Foreign qualifying your business is tricky, but our team of professionals can help you avoid common mistakes in applying for foreign qualifications. Some of the most frequent foreign qualification errors include: delaying the process until the last minute, using the wrong title on the application, omitting information such as the address for one of the officers, directors, members, or managers, or failing to provide the appropriate accompanying documentation, such as a Certificate of Good Standing or a Certified Copy. At a time when nearly every single Secretary of States’ office in the US is experiencing some form of processing delay due to the pandemic, savvy owners are seeking professional support to ensure a timely and smooth filing process...
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Advantages of a Delaware Close Corporation
By
Devin Scott
Tuesday, June 16, 2026

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...
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What Is a Non-Stock Corporation?
By
Paul Sponaugle
Monday, March 30, 2026

The common use of the non-stock corporation as the vehicle with which to obtain tax-exempt or non-profit status from the IRS has led to an interchangeability of the two terms, but this can be problematic...
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Who Can Be a Member of an LLC?
By
Andrew Millman
Tuesday, March 24, 2026

Anyone in the world can be a member of a Delaware LLC. 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, Limited Partnership or even another Delaware LLC...
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Updating Your Company Name? Here’s How to Do It Right
By
Brett Melson
Tuesday, March 3, 2026

Learn how to easily change a company’s name. We'll help you file a Certificate of Amendment, which alters your company name quickly and painlessly with the state...
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LLC Transfer of Interests
By
Brett Melson
Monday, February 16, 2026

In 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...
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Managing Ownership Changes for Your Delaware LLC
By
Brett Melson
Monday, January 12, 2026

Change of ownership for an LLC can be complicated and requires costly amendments in most U.S. states. However, not in the state of Delaware. Unlike other states, Delaware requires very little information to be made public in order to form an LLC...
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Why Zero Par Value Stock Affects Franchise Tax
By
Amy Fountain
Monday, October 6, 2025

When 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...
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Non-Profit Corporation vs Public Benefit Corporation
By
Rick Bell
Tuesday, September 2, 2025

Unlike 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...
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What Is an LLC Operating Agreement?
By
Brett Melson
Monday, June 30, 2025

The 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...
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