Delaware LLC

What Is a Certified B Corporation? Certified B Corporations are for-profit entities that exhibit world-class standards for sustainability, transparency and accountability. These standards are audited periodically by the independent industry standard organization, B Lab.  B Corp Certification can be likened to Fairtrade or USDA organic certification for products such as bananas or milk. The difference […]

We often get questions about LLC stockholders, bylaws, stock certificates, directors, minutes and sometimes a Limited Liability “Corporation.” It’s understandable to have questions about how LLCs are structured and operate. Here’s what you need to know. Do LLCs have stock? Typically, “stock” is not the term used for LLC ownership shares. In most LLCs, the […]

What Benefits Are There to Solar Companies Forming a Delaware LLC? Delaware LLCs provide real legal benefits to all types of businesses, including solar companies. Here are the top five benefits of Delaware LLCs for solar businesses: Benefit #1: Limited Liability Protection Delaware LLCs offer limited liability protection, which shields business owners’ personal assets from […]

  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. […]

  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 […]

  What Does “Void” Mean for a Delaware LLC or Corporation? A Delaware business entity, such as an LLC or corporation, can become “void”. This happens when the state of Delaware cancels the company. When a company is canceled by the state, it loses its “good standing” status. A void company also loses its limited […]