For decades, Delaware has reigned supreme as the best state to incorporate a company or form an LLC. At Harvard Business Services, Inc., our team can act as your guide while forming one of these businesses, ensuring that each step is completed without a hitch. The process to form an LLC in Delaware is not difficult, and we can assist you throughout the entire company formation process. Here are some of the most important Delaware LLC filing requirements:
Let’s dive into each of these Delaware LLC requirements, so that you’ll have a general idea of what’s to come as you form your new business.
1. Choosing a Name for Your LLC
One of the most important requirements to form an LLC in Delaware is creating a unique business name. There are over 200,000 Delaware LLCs, so it may be a challenge to find a name that's unique. The only other requirement for naming a Delaware LLC is that it must have one of the following three endings: LLC, L.L.C., or Limited Liability Company. Otherwise, simply review Delaware LLC name availability to ensure your company name is available
For more information about Delaware LLC naming rules, read our article about Naming Delaware LLCs.
2. Hiring a Delaware Registered Agent
If you plan to start a Delaware LLC, hiring a Registered Agent with a physical address in the state is a Delaware LLC filing requirement. Registered Agents act as a liaison between your company and the Delaware Division of Corporations. They are responsible for receiving and forwarding important legal and government documents in a timely manner. This includes service of process (such as lawsuits), Franchise Tax notices, annual report reminders (for corporations), and compliance-related communications like late or void notices from the Delaware Secretary of State. Our Registered Agent service is just $50 per year for the life of your company, as long as your company remains in good standing with the state of Delaware.
For more information, read What Is a Delaware Registered Agent?
3. Filing a Certificate of Formation
The Certificate of Formation is a simple, one-page document filed with the Delaware Division of Corporations that legally establishes your LLC in the state of Delaware. On this document, you’ll need to include your LLC name and your Registered Agent’s name to get approval from the state. There is a state fee of $109 when submitting this document to the state. Harvard Business Services will prepare the Certificate of Formation and the state fee is included in all of our formation packages.
You can file your new business entity with our online form, and we will forward it to the Delaware Division of Corporations on your behalf. You’ll typically receive an approved Certificate of Formation within 2 or 3 business days.
You can file with us online through our LLC formation page to get started.
4. Obtaining an EIN
Having an active Federal Tax ID Number is another Delaware LLC requirement for new businesses. This step should be completed shortly after your business is formed. It functions like a Social Security number for your business and is used for tax reporting and identification. Your LLC will need an EIN to open a business bank account, hire employees, file federal taxes, and apply for business licenses. In some cases, if an LLC has no employees, it can use the owner’s Social Security Number for tax purposes instead of an EIN. In most other cases, an EIN is a Delaware LLC requirement.
Businesses can apply for an EIN online via the IRS website. Alternatively, Harvard Business Services, Inc. can apply for an EIN on your LLC’s behalf.
You can learn more about the Employee Identification Number on our website.
5. Creating an LLC Operating Agreement
Creating an LLC Operating Agreement is a highly recommended step, even though it technically isn’t a requirement to form an LLC in Delaware. An Operating Agreement is a legal document that outlines the ownership structure and member roles of your LLC. Drafting one of these documents will provide internal clarity and legal protection to your team members, and is sometimes requested when you start working with a new bank or investor.
You can draft an LLC Operating Agreement using one of our templates online.
More than two-thirds of our companies filed in Delaware are limited liability companies, and our team at Harvard Business Services has been forming and filing Delaware LLCs for over 40 years. Below, we have answered the most frequently asked questions about starting an LLC in Delaware.
Yes, a non-resident with no physical address in Delaware can form a Delaware LLC. The State of Delaware only requires the company to have a Registered Agent in Delaware. Harvard Business Services, Inc. has been a Delaware Registered Agent since 1981.
Yes, it's fairly common to form a Delaware LLC and operate it in another state. Your business is considered domestic to the state of Delaware and foreign in all other states. People often form an LLC in Delaware to take advantage of its strong corporate law structure. Typically, to operate in another state's jurisdiction, the Delaware LLC will need to file for Foreign Qualification and receive a Certificate of Authority as a foreign entity in order to operate in that state.
You can read more about operating as a foreign entity here: What Is Foreign Qualification?
Yes, anyone anywhere (except for sanctioned countries by the U.S.) in the world can form a Delaware LLC and operate lawful business activities all over the world, U.S. citizenship is not a Delaware LLC requirement.
For more guidance, you can read about Forming a Delaware Company as a Non-Resident.
Yes, you can legally form and file a new Delaware LLC and obtain a Federal Tax ID Number from the IRS, regardless of whether or not you have an SSN or ITIN.
There is no documentation required to form an LLC in Delaware. The only information required, whether you are a United States citizen or not, is:
Name of the company (check a company name for free)
Communications Contact (must be an individual)
Email address
Telephone number
Street address (city, state, country and postal code), which can be anywhere in the world
Initial member(s) we are releasing the LLC to until successors are elected internally through the LLC Operating Agreement
Shipping and billing address
Method of payment (all major credit cards, electronic check, wire transfer, money order or check)
For additional information, read What You Need to Form an LLC in Delaware.
No, a Delaware bank account is not a Delaware LLC requirement; it can be opened anywhere in the world. Typically, to open a U.S. business bank account, bankers require a copy of the Certificate of Formation, the Federal Tax ID Number and a member or manager from the LLC to appear in person.
For further details, read our Banking Clarification.
The opening of a business bank account could be different for every applicant; you are at the mercy of each particular bank and how it processes the request. At this time, Harvard Business Services, Inc. cannot assist with the opening of a business bank account. However, if an address is needed or any additional documentation is required to process your request, we will be glad to help in any way possible. Note: be very cautious of any company that offers to open a bank account on behalf of your LLC.
No, you are not required to state the purpose of the business when you start a Delaware LLC, since it is not required to be listed on the Certificate of Formation filed with the state of Delaware. Harvard Business Services, Inc. will only need to know the purpose of the LLC if you ask us to obtain a Federal Tax ID Number for you from the IRS.
No, this information is not available on the public record and is not required to be listed on the Certificate of Formation filed with the State of Delaware. After starting a Delaware LLC, the member or manager information is typically kept internally within the LLC Operating Agreement.
For detailed information on how we file the LLC and do not release the member or manager information, read Form a Delaware LLC without Releasing Your Name on the Public Record.
Typically, the approved documents are emailed to you within two to three business days after the filing is submitted to the Delaware Division of Corporations.
No, the state of Delaware does not require you to reserve an LLC company name. With our same-day filing service, the name is officially unavailable for others to use once we file the LLC with the state of Delaware. Typically, filings are submitted to Delaware on a same-day basis if the order is received by 4:30 PM Eastern Standard Time.
No, you are not required to visit the state of Delaware to form an LLC. As previously mentioned, anyone, anywhere (except sanctioned countries by the U.S.) in the world can form an LLC in Delaware without visiting the state or becoming a U.S. citizen. The order can be done by phone (800-345-2677) or online. If you prefer to stop by our office, we would be glad to meet face-to-face and process the order right then and there.
Form a Delaware LLC Now!Since 1981, Harvard Business Services, Inc. has helped form over 400,000 Delaware corporations and LLCs for people all over the world.
Harvard Business Services, Inc. guarantees your annual Delaware Registered Agent Fee will remain fixed at $50 per company, per year, for the life of your company.
Harvard can provide assistance throughout the life of your company. These custom services are the most popular with our clients: