SINCE 1974
What Does “Good Standing” Mean? Being in “good standing” means your company meets all its legal requirements in the state where it was set up. Generally, a company is in good standing if it has paid its state taxes and doesn’t owe any bills. Some states require corporations to also file an Annual Report […]
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What Is An LLC Registered Agent? An LLC appoints a Registered Agent to receive important legal, tax, and government mail for the company. State laws require LLCs to appoint a Registered Agent in their home state and in any other state where they do business. An LLC’s Registered Agent can be a person or a […]
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What Is a Registered Agent in Delaware? A Delaware Registered Agent is designated to receive legal notices on behalf of a Delaware LLC or corporation. A Delaware Registered Agent can be either a person or a company that has a physical address in Delaware. A Delaware Registered Agent’s primary role is to receive legal […]
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What Is a Delaware Certificate of Incumbency? An officer of a corporation signs a Delaware Certificate of Incumbency to identify the current officers and directors of the corporation. This Certificate may also list the company’s current shareholders. The Delaware Certificate of Incumbency differs from corporate minutes, Unanimous Actions of the Directors, and bylaws. It is […]
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What Is a Corporate Secretary? A Corporate Secretary is one of three essential senior officer positions typically found within a corporation. Along with the President and Treasurer, the Corporate Secretary rounds out the core officer positions that a company appoints when initially incorporating. The Corporate Secretary works closely with c-suite executives and the Board of […]
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Why Own Multiple LLCs? Top Advantages Owning multiple LLCs is more common than most business owners might think. If you’ve ever heard an entrepreneur say that they have a “holding company” structure, it likely means that they have multiple LLCs. Business owners can achieve additional liability protection for their personal assets with multiple LLCs. […]
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