Most Popular Blogs
What Is the Delaware Court of Chancery?
By
Jeremy Reed
Monday, June 19, 2023
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...
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4 Things to Know about Corporate Bylaws
By
Brett Melson
Monday, June 5, 2023
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...
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Business Terms for Delaware Companies
By
Andrew Millman
Monday, April 17, 2023
If you own a Delaware company, there are several business terms you should be familiar with so you understand all your company’s important documents and dates...
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LLC Transfer of Interests
By
Brett Melson
Monday, March 27, 2023
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...
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Change of Ownership For an LLC Is Easy in Delaware
By
Brett Melson
Monday, February 27, 2023
Change 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...
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What Happens when You Don’t Pay Your Franchise Tax?
By
Andrew Millman
Monday, February 13, 2023
If you miss a Franchise Tax payment for your Delaware company, this will always be on the record with the Delaware Division of Corporations, even if you pay all the past due Franchise Tax and bring the company back into good standing...
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Doing Business in Florida as a Foreign Corporation
By
Devin Scott
Monday, January 30, 2023
Foreign Qualification is the manner in which Florida grants you permission to operate your Delaware corporation there. It is a very important step that is sometimes forgotten, but if you fail to comply with Florida's local compliance regulations, you may be putting yourself and your company at risk...
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Business Bank Accounts for Delaware Companies
By
Devin Scott
Tuesday, January 24, 2023
If you own a Delaware LLC or corporation, here’s what banks typically require in order to open a business bank account...
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What is a Delaware Statutory Trust?
By
Rick Bell
Monday, January 23, 2023
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...
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Who Can Be a Member of an LLC?
By
Andrew Millman
Monday, January 2, 2023
Anyone 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...
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