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What is a Delaware LLC Certificate of Formation?
By Devin Scott Tuesday, February 21, 2017

delaware LLC certificate of formationA Certificate of Formation is like a birth certificate for a new Delaware LLC. It is filed and must be approved by the Delaware Secretary of State. The Certificate of Formation is the document you receive from the state of Delaware once your LLC is filed and approved by the Delaware Secretary of State, Division of Corporations... Read More

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Angel Investing: Words of Wisdom from David S. Rose
By Rick Bell Monday, February 6, 2017

angel investing david s roseLearn everything about angel investing by reading David Rose’s "Angel Investing: The Gust Guide to Making Money and Having Fun Investing in Startups." As of now, after more than 25 years of investing in more than 100 start-up companies, David S. Rose is recognized by just about everybody as one of the world’s most active angel investors... Read More

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The Problem with Marijuana Industry Startups
By Brett Melson Monday, January 9, 2017

cannabis startupsThe cannabis industry is one of the nation's fastest growing industries and is generating enormous interest from entrepreneurs, investors and, of course, regulators and tax authorities. Twenty-eight states and the District of Columbia have legalized medical marijuana, with fourteen states authorizing the sale and use of medical marijuana just within the last five years... Read More

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EIN vs ITIN: What's the Difference?
By Brett Melson Tuesday, December 13, 2016

ein vs itinThere are many numbers that are used to identify ourselves and our corporations or LLCs, such as a Social Security number, driver's license number, passport number, DUNS number and EIN (Employer Identification Number). Many business owners and employees wonder about the differences between the Federal Employer Tax ID number (EIN) and the individual taxpayer identification number (ITIN)... Read More

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The Delaware Series LLC Operating Agreement & Structure
By Brett Melson Tuesday, November 15, 2016

delaware series llcUnder Delaware law, a series LLC (limited liability company) may be composed of individual series of membership interests. This type of entity is referred to as a Delaware series LLC. Here's what you need to know about the Delaware series LLC, including the series LLC operating agreement... Read More

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The Court of Chancery: Part of the Delaware Advantage
By Paul Sponaugle Tuesday, November 8, 2016

court of chancery delawareDelaware’s reign as the nation’s number one place to incorporate is no secret, but what remains a secret to so many is the reason why it is number one. Actually, Delaware’s “corporate crown” can be credited in large part to a court system whose roots reach back to feudal England. In its infancy the Court of Chancery was set up by the King of England to hear matters where no law was in existence to settle some disputes... Read More

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Delaware Blank Check Preferred Stock
By Rick Bell Tuesday, September 27, 2016

delaware blank check preferred stockEvery Delaware General Corporation must have one class of common stock, but it can also have a second class of stock (or more) with customized terms for the different classes. The most popular second class of stock is called preferred stock because it can contain terms, negotiated between the Board of Directors and the recipient, that are preferred over the rights of common stockholders... Read More

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Doing Business in Maryland as a Delaware LLC
By Devin Scott Monday, September 12, 2016

delaware llc doing business in marylandMaryland, like many other states, has an application process and a state fee for Delaware companies that operate there. The process in which a Delaware LLC registers in Maryland is called Foreign Qualification... Read More

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Delaware Certificate of Good Standing: FAQs
By Michael Bell Tuesday, August 16, 2016

Delaware Certificate of Good StandingBanks, angel investors, VC investors and other reasons you may need a Certificate of Good Standing. This certified document, which is produced by the Delaware Secretary of State’s office, is required for real estate closings as well as accounting and legal matters... Read More

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How to Register a Business in California
By Paul Sponaugle Tuesday, July 5, 2016

how to register a business in californiaIf your corporation or LLC generates income or maintains tangible property in California, you are doing business there... Read More

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Is an LLC a corporation? What's the Difference?
By Rick Bell Tuesday, June 21, 2016

is an llc a corporationWhy is Google a corporation and YouTube an LLC? Both, of course, chose Delaware as their corporate home, even though they are headquartered elsewhere. So why did Google choose to form as a corporation and YouTube as an LLC?.. Read More

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