LLC

This is also why it may feel hard to find a straight answer anywhere. But, fortunately for you, this means that you’re on the same level as your friend with a law degree—no need to attend law school. You the entrepreneur, and your friend the lawyer, are probably both starting at square one. (This is […]

What Does Apostille Mean, Exactly? An Apostilled Certified Copy from the Secretary of State is required by certain countries which accept the terms of the Hague Convention’s international treaty. For example, to do business in Spain, rather than have a Certified Copy of the Delaware LLC’s Certificate of Formation legalized by filing a Certified Copy […]

What Is a Quasi Entity? In order to understand what a quasi entity is, it’s important to first grasp what a Series LLC is. A Series LLC is a unique type of LLC where the Certificate of Formation allows it to “slice and dice” the LLC into an unlimited number of protected business units, each […]

How Does a Series LLC Work? Take the example of electric scooter rental company Lime Scooters. A company like Lime Scooters could benefit from a Series LLC. It could group each of the 100 cities and college campuses worldwide that it services into 100 separate protected series under a Delaware Series LLC. Another approach could […]

Should I Form an LLC in California or Delaware? Many people choose Delaware over California due to the favorable and consistent reputation of Delaware courts and judges. Compare this to the very unpredictable decisions that come out of California. California Courts are not known for business decisions. It would not be wise to leave the […]

Choosing a Name For Your LLC When checking the name on the Division of Corporation’s website, the corporate ending should be dropped. A name can be considered in conflict with another entity type if the root is identical; whether the conflicting name is an LLC, corporation, LP, GP, LLP, Statutory Trust or any other entity […]