Most Popular Blogs
Foreign Qualification Common Mistakes By Andrew Millman Monday, June 29, 2026 Common MistakesForeign 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... Read More
Advantages of a Delaware Close Corporation By Devin Scott Tuesday, June 16, 2026 advantages of a close corporationA 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... Read More
What Is a Non-Stock Corporation? By Paul Sponaugle Monday, March 30, 2026 what is a non-stock corporation?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... Read More
Who Can Be a Member of an LLC? By Andrew Millman Tuesday, March 24, 2026 who can be a member of an llcAnyone 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... Read More
Updating Your Company Name? Here’s How to Do It Right By Brett Melson Tuesday, March 3, 2026 Change Your Company NameLearn 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... Read More
LLC Transfer of Interests By Brett Melson Monday, February 16, 2026 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
Managing Ownership Changes for Your Delaware LLC By Brett Melson Monday, January 12, 2026 change of ownership for an llcChange 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... Read More
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