Most Popular Blogs
General Partnership vs Limited Partnership
Tuesday, February 19, 2019
When partnering with a company or an individual, it is often important to know exactly what your roles, duties, and liabilities may be. There are two common types of partnerships that often get confused: general partnership and limited partnership... Read More
How to Change Your Business Name with the IRS
Tuesday, December 11, 2018
Under most circumstances, changing your business name with the IRS will not require a new EIN—though it will require an EIN name change. To make this determination, see IRS Publication 1635... Read More
Who Can Be a Member of an LLC?
Tuesday, November 27, 2018
Anyone in the world can be a member of a Delaware LLC or corporation. 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, LP or even another Delaware LLC... Read More
LLC Transfer of Interests [with templates]
Tuesday, November 20, 2018
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... Read More
EIN Confirmation Letter
Tuesday, November 6, 2018
If we obtained the EIN number on behalf of your company, feel free to request that the 147C letter be faxed to us at (302) 645-1280. Once the fax has been received, we will email the letter to you as a courtesy... Read More
What Is a Banking Resolution Document?
Tuesday, October 23, 2018
At the first meeting of the members (for an LLC) or the Board of Directors (for a corporation) establishing a company, a corporate resolution about banking details is often included.
Although a company may agree on several different types of resolutions during the meeting, the banking resolution is often the most commonly extracted resolution from the general minutes of the meeting... Read More
What Is The Role of a President of a Corporation?
Tuesday, October 16, 2018
The person who is President of a company is in the highest position within an organization and, in some cases, takes on the title of Chief Executive Officer as well... Read More
Why Incorporate in Delaware? [INFOGRAPHIC]
Tuesday, October 9, 2018
Minimal start-up costs, the most trusted corporate case law and the most flexible corporate laws in the country are just a few of the excellent reasons to incorporate in Delaware... Read More
How to Get a Tax ID Number for a Delaware LLC
Tuesday, October 2, 2018
Once a Delaware LLC has its Certificate of Formation stamped and approved by the state of Delaware, the next step is to obtain a Federal Tax ID Number, also known as an EIN, from the IRS... Read More
What is a Delaware LLC Certificate of Formation?
Tuesday, September 25, 2018
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