Most Popular Blogs
EIN Confirmation Letter
By
Brett Melson
Monday, August 28, 2023
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
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 DBA, or Doing Business As? Understanding Assumed Business Names
By
Andrew Millman
Tuesday, June 27, 2023
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
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
Advantages of a Delaware Close Corporation
By
Devin Scott
Monday, June 26, 2023
A General Corporation can have as many shareholders as it sees fit. With a Close Corporation, there are restrictions on the sale or transfer of stock. The sale or transfer of stock in a Close Corporation can be restricted by the Right of First Refusal clause... Read More
A General Corporation can have as many shareholders as it sees fit. With a Close Corporation, there are restrictions on the sale or transfer of stock. The sale or transfer of stock in a Close Corporation can be restricted by the Right of First Refusal clause... Read More
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... Read More
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
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... Read More
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
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... Read More
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... Read More
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... Read More
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... Read More
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... Read More
If you own a Delaware LLC or corporation, here’s what banks typically require in order to open a business bank account... Read More
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... Read More
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
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... Read More
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... Read More