Most Popular Blogs
Non-Profit Corporation vs Public Benefit Corporation
Tuesday, June 30, 2020
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... Read More
What Is the Delaware Court of Chancery?
Monday, June 22, 2020
The Delaware Court of Chancery has a long history deciding on equity and fairness between parties.
The tiny coastal state of Delaware is widely recognized as the best state in which to form a company, not only in the United States but throughout the world. One of the key reasons for this is the Delaware Court of Chancery... Read More
What is a Delaware Statutory Trust?
Monday, June 15, 2020
Delaware 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 Most states still rely upon common law trusts, which have many outdated rules that can create uncertainty about a number of legal aspects of the trust...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
What is a DBA, or Doing Business As?
Tuesday, June 9, 2020
Business owners often choose to operate under multiple, different names for a number of different ventures. For example, ABC Company, Inc. may find the need to set up multiple, different DBAs using the names XYZ Landscaping, Inc. and 123 Construction, Inc... Read More
What Does "Foreign Qualification" Mean?
Tuesday, June 2, 2020
Foreign Qualification is the process of registering your Delaware LLC or corporation, which is considered domestic to the state of Delaware and foreign to all other states, as a foreign entity in your company's home state... Read More
4 Things to Know about Corporate Bylaws [Free Template]
Tuesday, May 12, 2020
Corporate 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
Delaware State File Number: What It Is & How It's Used
Tuesday, May 5, 2020
When you form a company in Delaware, you will receive a Delaware state file number. This number identifies your company and only your company... Read More
What Is a Conformed Signature?
Tuesday, February 25, 2020
A conformed signature indicates that a real signature has been used on the original document. Oftentimes, business transactions are done by smartphone while on the go. Many people know already that Delaware will accept faxed and emailed copies of documents that require signatures... Read More
EIN vs ITIN: What's the Difference and Who Needs Them?
Tuesday, February 11, 2020
There 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
What is a Delaware LLC Certificate of Formation?
Tuesday, February 4, 2020
If you are preparing your own Delaware LLC Certificate of Formation, your name will be listed on the Certificate as the Delaware LLC's authorized person; this is is why many people opt to have us act as their Delaware Registered Agent... Read More