Delaware C corps are a popular choice for some companies due to their ability to attract investors. Startups in particular can benefit from a C corp tax designation, but it’s understandable to have questions about how, exactly, this works. Here’s what you need to know. How the Delaware C Corp Can Help Startups While every […]
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What Is Shareholder Primacy, Exactly? “Shareholder primacy” imposes a duty upon boards of directors to put the interests of their shareholders above all others. Traditionally, management has been seen as an “agent” for the “principals” who are the owners. When the management also acts as an agent for the non-owners who are impacted by the […]
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An incorporation lawyer specifically focuses on the laws surrounding the business of forming and maintaining corporations and LLCs. An incorporation lawyer can help ensure that your company is properly formed and in good legal shape. But not everyone needs to hire a lawyer to help form their company.
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What Is a Public Benefit LLC, Exactly? A public benefit LLC is also known as a Statutory Public Benefit Limited Liability Company. The Statutory Public Benefit Limited Liability Company was first introduced in Delaware in 2018. Public Benefit LLCs are also available in a handful of other states including Maryland, Oregon, Pennsylvania, Utah, and Kansas. […]
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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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There are many considerations when forming a business for a tech startup. Here is why you should consider a Delaware LLC.
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