SINCE 1974
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 […]
Continue Reading
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 […]
Continue Reading
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 […]
Continue Reading
Filing the Delaware annual report online only takes five minutes. Avoid the $125 penalty, plus interest and keep your corporation in good standing by filing your Delaware annual report on-time. What Is the Delaware Annual Report? The Delaware Annual Report is a set of business information that must be submitted to the Division of Corporations […]
Continue Reading
So, What Is a Delaware Registered Agent? This agent is designated to receive “service of process” when the company it represents is sued. Since most businesses are not physically located in Delaware, they must have a third party serve as their agent. This is where you need to be careful when you incorporate a company. […]
Continue ReadingMembers of an LLC are subject to capital contributions and profit distributions based on terms they agree to in the Operating Agreement. Below we talk through several key issues for you to consider as you receive and distribute capital for your LLC. What is a capital contribution? A capital contribution is the cash or property […]
Continue Reading