Most Popular Blogs
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 Most states still rely upon common law trusts, which have many outdated rules that can create uncertainty about a number of legal aspects of the trust...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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5 Key Attitudes for Entrepreneurial Success
By
Jeremy Reed
Tuesday, December 13, 2022
No entrepreneur succeeds in every business venture. Every successful entrepreneur fails at least once, if not twice.
How entrepreneurs learn from and utilize their failures, however, is what matters, because in entrepreneurship, attitude is everything. Here are five key attitudes every entrepreneur must conquer in order to run a prosperous business venture...
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Operating Multiple Businesses Under One LLC
By
HBS
Monday, November 7, 2022
It is possible and permissible to operate multiple businesses under one LLC. Many entrepreneurs who opt to do this use what is called a "Fictitious Name Statement" or a "DBA" (also known as a "Doing Business As") to operate an additional business under a different name...
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Why Do So Many Companies Incorporate in Delaware?
By
Rick Bell
Monday, October 10, 2022
You do not need to visit Delaware in order to form a business in the state. Delaware's Division of Corporations is the best in the world at processing business formation filings quickly, and it encourages entrepreneurs from across the country and around the world to form their businesses here...
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What Is a Non-Stock Corporation?
By
Paul Sponaugle
Monday, June 13, 2022
The common use of the non-stock corporation as the vehicle with which to obtain tax-exempt or non-profit status from the IRS has led to an interchangeability of the two terms, but this can be problematic...
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Non-Profit Corporation vs Public Benefit Corporation
By
Rick Bell
Monday, May 16, 2022
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...
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