Things to Consider When Choosing a State to Incorporate What is the best state to incorporate? Many people choose Delaware to incorporate (or form) their LLC or corporation. Here are a few things to consider when making your decision: Business-friendly laws: Choosing to incorporate in Delaware means that Delaware law will govern the internal affairs […]
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The Delaware Limited Liability Company Compares Favorably to the Delaware Corporation When starting a business, you probably have a lot of questions, including “Is an LLC a corporation?” and “Where should I incorporate?”. You do not have to incorporate in your home state if the laws there are unfavorable to protecting you. Instead, you can […]
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If you’ve formed an LLC but haven’t done business this year, you may be wondering if you need to pay the Delaware franchise tax. Here’s what you need to know. What Is the Delaware Franchise Tax, Again? Franchise “Tax” is often misinterpreted to mean that the fee will be calculated based on profits or […]
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People throw around the term ‘subsidiary’ in business. Google, for example, recently made headlines when it was announced that its parent company, Alphabet Inc., is breaking into subsidiaries. It’s understandable that you might not be exactly clear on what it means. Subsidiaries are important but often fail to get the attention they deserve. Business and […]
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What is a Delaware Certificate of Good Standing? It is a certified document the Delaware Secretary of State’s office produces. It shows that your corporation or LLC meets statutory requirements (filed all reports and paid all fees) and the state has authorized it to do business. What Does a Delaware Certificate of Good Standing Look […]
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Do I Need to Live in Delaware to Incorporate There? A business operating almost anywhere can be incorporated in Delaware. Neither a Delaware LLC, nor a Delaware corporation, are required to have an office or business address in Delaware. For an address, Delaware only requires the appointment of a Registered Agent with a physical address […]
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