Post Archives for IncNow

What Is an LLC and What Is Its Purpose?

By IncNow September 13, 2021
signing a Delaware LLC agreement

Many companies are LLCs. While the abbreviation can be spotted at the end of many company names, it’s understandable that you might not be entirely clear on what, exactly, an LLC is and its purpose. Each state has its own unique statutory law that sets forth requirements to form a Limited Liability Company (hereinafter “LLC” […]

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INCNOW NAMED 2021 “BEST FOR THE WORLD” IN GOVERNANCE

By IncNow August 5, 2021
bfw2021

Along with improving the environment, IncNow is also dedicated to promoting numerous charitable causes. John Williams is an active member of the Delaware rowing community and utilizes rowing to give back to the local community. IncNow is a proud supporter of Breaking Barriers Rowing and Fitness in Newark. Breaking Barriers is a nonprofit organization run […]

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4 Benefits of Becoming a Sustainable Business

By IncNow July 14, 2021

Achieving the “triple advantage” is the primary aim for firms that invest heavily into promoting sustainability. The three pieces making up the triple advantage are:  People The environment Financial results The term describes the business benefits realized alongside significant environmental and societal progress resulting from a company’s sustainability efforts.  Statistics published in a report by […]

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How does a Delaware Series LLC File Beneficial Ownership Information Under the Corporate Transparency Act?

By IncNow June 25, 2021
Corporate Transparency Act

What is the Corporate Transparency Act? The Corporate Transparency Act is new legislation that requires all small business entities to file “beneficial ownership” information (BOI) with FinCEN. A beneficial owner is an individual who directly or indirectly has “substantial control” over a company and/or owns at least 25% of a company’s ownership interests. The CTA […]

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Delaware’s Secretary of State Shines During the Pandemic

By IncNow June 24, 2021
good standing

The most well-known of these divisions is the Division of Corporations. Under the direction of Deputy Secretary of State, Kristopher Knight, the division serves as the backbone for the incorporation franchise, servicing companies formed in the state of Delaware. By creating a state of the art filing system, the Delaware Division of Corporations established a […]

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