IncNow, Author at IncNow

Post Archives for IncNow

How to File a Delaware Annual Report

By IncNow May 28, 2021

people signing a Delaware Certificate of Formation

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 […]

What is a Delaware Registered Agent?

By IncNow May 7, 2021

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. […]

How to Handle LLC Capital Contributions and Distributions

By IncNow

person looking at a tablet and graphs for Delaware company

Members 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 […]

Should I Set Up an LLC Holding Company?

By IncNow

How you can protect your businesses from the liabilities of your other businesses Does a D.B.A. offer you any legal protection? Are there alternatives to setting up a separate LLC for each business or property? If you have multiple LLCs, it’s only natural to wonder if you should set up an LLC holding company. In order to determine […]

How Do I Open a Bank Account for a Delaware Company?

By IncNow April 26, 2021

two men in a meeting about their Delaware LLC

We often get questions from entrepreneurs about how to open a bank account for a Delaware company. Each bank in the United States has its own requirements, so you must check with your bank. However, we have compiled guidelines that serve as a floor to what banks must follow. Often a particular bank will ask […]

IncNow’s Interns Train Together for Half-Ironman Competition During Pandemic

By IncNow February 25, 2021

The St. George Ironman Course The St. George 70.3 course is revered as one of the most difficult courses in the Ironman circuit due to its atypical elevation profile. While most Ironman events take place on flat courses, St. George participants must power through over 3,000 feet of elevation gain over the course of the […]