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Delaware Certificate of Incorporation By Brett Melson Tuesday, January 17, 2017 certificate of incorporationA Delaware Certificate of Incorporation is the foundation upon which a Delaware corporation is built. The state of Delaware requires very little information to be made public in order to form a corporation; the Certificate of Incorporation only requires a few pieces of information... Read More
The Problem with Marijuana Industry Startups By Brett Melson Monday, January 9, 2017 cannabis startupsThe cannabis industry is one of the nation's fastest growing industries and is generating enormous interest from entrepreneurs, investors and, of course, regulators and tax authorities. Twenty-eight states and the District of Columbia have legalized medical marijuana, with fourteen states authorizing the sale and use of medical marijuana just within the last five years... Read More
EIN vs ITIN: What's the Difference? By Brett Melson Tuesday, December 13, 2016 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
The Court of Chancery: Part of the Delaware Advantage By Paul Sponaugle Tuesday, November 8, 2016 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
What Is the Delaware Court of Chancery? By Jeremy Reed Tuesday, September 20, 2016 What Is the Delaware Court of ChanceryThe 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
Doing Business in Maryland as a Delaware LLC By Devin Scott Monday, September 12, 2016 delaware llc doing business in marylandMaryland, like many other states, has an application process and a state fee for Delaware companies that operate there. The process in which a Delaware LLC registers in Maryland is called Foreign Qualification... Read More
Delaware Certificate of Good Standing: FAQs By Michael Bell Tuesday, August 16, 2016 Delaware Certificate of Good StandingBanks, angel investors, VC investors and other reasons you may need a Certificate of Good Standing. This certified document, which is produced by the Delaware Secretary of State’s office, is required for real estate closings as well as accounting and legal matters... Read More
Doing Business in Florida as a Foreign Corporation By Devin Scott Tuesday, August 9, 2016 If you are operating a Delaware corporation in Florida, your corporation will be domestic to Delaware but considered a foreign corporation doing business in Florida. People initially form a Delaware corporation and then register as a foreign entity in Florida (as the same business). This process is called Foreign Qualification... Read More
How to Register a Business in California By Paul Sponaugle Tuesday, July 5, 2016 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
Is an LLC a corporation? What's the Difference? By Rick Bell Tuesday, June 21, 2016 is an llc a corporationWhy is Google a corporation and YouTube an LLC? Both, of course, chose Delaware as their corporate home, even though they are headquartered elsewhere. So why did Google choose to form as a corporation and YouTube as an LLC?.. Read More