Most Popular Blogs
The Court of Chancery: Part of the Delaware Advantage By Paul Sponaugle Tuesday, May 22, 2018 what is the delaware court of chanceryDelaware’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
EIN vs ITIN: What's the Difference? By Brett Melson Tuesday, May 15, 2018 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
What is a Series LLC? Should I Form One? By Brett Melson Tuesday, May 8, 2018 What is a series LLC?The Delaware LLC laws allow for the creation of a very interesting and unique entity, the series LLC. In a Delaware series LLC, each series is treated as a separate entity, meaning the debts, liabilities, obligations and expenses of one series cannot be enforced against another series of the LLC, or against the LLC as a whole... Read More
The History of the Delaware Court of Chancery By Meri Weiss Tuesday, April 24, 2018 history of the delaware court of chanceryThe Court of Chancery possesses, and relies on, many years of judicial precedents; it is these judicial precedents that the founders and CEO’s of some of the world’s biggest and most successful companies are seeking when they incorporate in Delaware... Read More
Change of Ownership For an LLC Is Easy in Delaware By Brett Melson Tuesday, March 27, 2018 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
How to Register a Business in California By Paul Sponaugle Tuesday, March 13, 2018 how to register a business in californiaIf your corporation or LLC generates income or maintains tangible property in California, you are doing business there and will need to foreign qualify your company... Read More
Company Formation Documents, Defined By Andrew Millman Tuesday, March 6, 2018 company formation documentsEach business entity requires different company formation documents upon incorporation. We explain them all | Certificate of Incorporation.. Read More
Business Structure: LLC By Andrew Millman Tuesday, February 27, 2018 business structure of an llcA member of an LLC may also function as a manager, but an LLC does not need to have a manager; members can run the company on their own. As for managing-member vs member classifications, it is simple: when a member is also a manager, he or she is usually referred to as a "managing-member.".. Read More
Non-Profit Corporation vs Public Benefit Corporation By Rick Bell Monday, February 26, 2018 non-profit vs benefit corpA traditional non-profit—or not-for-profit—company aims to serve a public benefit without making a profit, as defined by the IRS. If a non-profit company decides to stop doing business and dissolve, it must distribute its assets among other non-profits... Read More
4 Things to Know about Corporate Bylaws [Free Template] By Brett Melson Tuesday, February 20, 2018 4 Things To Know about corporate bylawsCorporate 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