LLC

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 […]

Can You Form a Delaware LLC If You Don’t Live in the U.S.? You do not need to be a US Citizen to be a member of a Delaware LLC. A Delaware LLC can be owned entirely by foreigners outside the United States. Alternatively, the Delaware LLC can be owned by a foreign corporation or […]

Most businesses end up cutting into profits simply by not taking advantage of the rules the IRS has laid out for them. The most susceptible to this common downfall is the sole proprietor or single-member LLC. It’s possible to save on single member LLC taxes—you just need to know the right steps to take. What is […]

Why Create a Single Member LLC Operating Agreement? Despite having only one member, it is still wise for single-member LLCs to have a written and executed Operating Agreement. The Operating Agreement establishes the separateness of the LLC and its single member and supports the fact that the LLC is not an “alter-ego” of the single […]

If you have a Delaware LLC or corporation and have neglected to pay your agent or state fee, you may have been told by your registered agent that the company is in danger of “going void.” What does void mean? In the context of Delaware LLCs and corporations, it means that the registered agent “resigned” […]