Can I File a Delaware Company on My Own? [Infographic]
Monday, September 30, 2013
People often wonder about the benefits of utilizing a business formation company to prepare and file their company formation documents as opposed to filing these documents on their own. We are happy to share our experience - and a handy infographic - to answer this frequently-asked question.
What to Consider when Filing Your Company
- With Harvard Business Services, formation package price includes one year of Registered Agent service, tthe state fee and additional benefits not included if you file directly with the state of Delaware.
- Filing on your own will involve a lower upfront cost. The price paid to the state of Delaware includes formation/incorporation fee only. Registered Agent service must be obtained separately if you don't have a Delaware address.
- Formation orders we receieve are completed in 2-3 businses days. You also receive a digital copy of your documents, which further reduces processing and delivery times.
- When you file on your own, the state's typical turnaround time is 2 weeks. Only hard copies of your formation documents are provided, and only by mail.
- Harvard Business Services offers free lifetime customer service via Skype, live chat, text messaging, Facebook Messenger, email, fax, or telephone. There are no wait times via telephone and live chat.
- The state of Delaware does offer email, telephone, and live chat support. However, wait times can be significant.
- When we file a company on your behalf, our name will appeard on the public record as the incorporating party. Your name will not be associated with the company on any public record.
- If you self-file with Delaware, you have to sign the Certificate of Formation/Incorporation; thus your name and signature become part of the public record and you also become the Authorized Person associated with the company. The contact information of the Authorized Person is listed on your Certificate of Formation.
- When you use Harvard, you get the following extras for free:
- Digital corporate seal
- Digital copies of documents
- Bylaws and Operating Agreement templates
- If you file directly with Delaware, you only pay the formation fee and only receive formation documents. No extras of any kind are included.
Speed and Efficiency:
- When Harvard Business Services, Inc. prepares and files your company formation documents, we guarantee accuracy. Whichever day you initiate the company formation with us will be the birth date of your company. We will email you the approved documents in two to three days.
- When you file your documents directly with the state of Delaware, the standard turnaround time is about 3 to 4 weeks. If there is a mistake on the forms you submit, it could take about 3 to 4 weeks for you to receive notification; by the time you have corrected the mistake and resent it, you have wasted valuable time.
In addition to forming your company, Harvard Business Services, Inc. offers many additional services, such as obtaining a Federal Tax ID Number, providing a Corporate Kit and digital company seal, Mail Forwarding and Virtual Office Services, free LLC Operating Agreement templates and more.
If you have any questions or are unsure about filing on your own through the Delaware Division of Corporations, please get in touch with us and our helpful, knowledgable customer service representatives will be happy to answer all your questions.
You can call us at 800-345-2677, email us at firstname.lastname@example.org, Skype with us at Delawareinc or talk to us via LiveChat.
*Disclaimer*: Harvard Business Services, Inc. is neither a law firm nor an accounting firm and, even in cases where the author is an attorney, or a tax professional, nothing in this article constitutes legal or tax advice. This article provides general commentary on, and analysis of, the subject addressed. We strongly advise that you consult an attorney or tax professional to receive legal or tax guidance tailored to your specific circumstances. Any action taken or not taken based on this article is at your own risk. If an article cites or provides a link to third-party sources or websites, Harvard Business Services, Inc. is not responsible for and makes no representations regarding such source’s content or accuracy. Opinions expressed in this article do not necessarily reflect those of Harvard Business Services, Inc.