Post Archives for Matthew Dochnal

Do Delaware LLCs Have To Pay Franchise Tax?

By Matthew Dochnal May 16, 2024
franchise tax

What Is The Delaware Franchise Tax, Again? The Delaware Franchise Tax is an annual requirement that all companies registered in Delaware have to complete. The State of Delaware requires every registered LLC to pay a flat fee of $300 each year to remain in good standing, regardless of business activity. The term “Franchise Tax” can […]

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Can A Green Card Holder Set Up A Delaware LLC?

By Matthew Dochnal May 10, 2024
United States green card

  How To Form A Delaware LLC As A Green Card Holder U.S. green card holders enjoy the same rights and privileges as US citizens when it comes to starting and operating businesses in the United States. The process of setting up a Delaware LLC is identical for green card holders and US citizens alike. […]

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How To File A Delaware Annual Report

By Matthew Dochnal April 30, 2024
franchise tax payment

What Is the Delaware Annual Report? The Delaware Annual Report is a legal requirement that Delaware corporations must complete each year. This report collects information about the company’s directors and senior officers from the past year. More specifically, the Delaware Annual Report requires the names and addresses of each director and one senior officer. Delaware […]

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How Are LLCs Managed? Member-Managed vs. Manager-Managed

By Matthew Dochnal April 24, 2024
small business owner packing boxes

  What Is a Member-Managed LLC? In a Member-Managed LLC, all of the Members are involved in running the business. So, the Members are both the owners and the Managers of the company. In a Member-Managed LLC, each Member can: Sign contracts for the company; Hire employees; and, Make decisions about the company’s direction. What […]

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Can You Be Your Own Registered Agent In Delaware?

By Matthew Dochnal April 10, 2024
Man leaning on a question mark.

What Is A Delaware Registered Agent? A Delaware Registered Agent is either a person or a company you appoint to accept legal notices, or “service of process”, for your Delaware business. They act as an official and reliable point of contact. Delaware state law requires all limited liability companies (LLCs) and corporations to have a […]

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How To Get A Delaware Certificate Of Good Standing

By Matthew Dochnal April 4, 2024
good standing

Delaware Certificate of Good Standing You can get a Certificate of Good Standing for your Delaware LLC or corporation from a Delaware Commercial Registered Agent. A service like IncNow can secure a Certificate of Good Standing from the Delaware Secretary of State on the same day you place your order. Order a Delaware Certificate of […]

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