LLC

What Is Captive Insurance? Insurance captives are complex entities that allow a group of companies to insure themselves against their own business risk. Captive insurance is different from commercial insurance where companies simply buy into a fund pool. Policyholders in an insurance captive wholly own the insurance company. Policyholders can exercise control over the insurer’s […]

1. Multiple DBAs What Is a DBA? A DBA (“Doing Business As”) is a trade name that an LLC or corporation can use other than its formal corporate name. For example, Agents and Corporations, Inc. trades under the name “IncNow.” A DBA is also referred to as a “fictitious name.” DBAs are useful because they […]

The Delaware Series LLC Business Growth Hack Forming a Delaware Series LLC can enable entrepreneurs looking to explore several business ideas in hopes of finding out what works. Here is how to use a Delaware Series LLC to accelerate business growth. Step 1: Protect Multiple Businesses With One Entity A Series LLC enables entrepreneurs to […]

How To Convert an LLC Into a Delaware Series LLC: Three Steps Follow these steps to convert an existing LLC into a Series LLC in Delaware: Step 1: Amend the Formation Document The first step to convert an LLC into a Series LLC is to file an amended version of the LLC’s Certificate of Formation. […]

Can a Delaware Series LLC Do Business in Other States? A Delaware Series LLC is able to do business in any state. However, it is not abundantly clear whether each state will afford a Delaware Series LLC the same liability protections provided by the Delaware LLC Act. States generally cannot discriminate against business entities from […]

How to Establish a Delaware Registered Series: 5 Steps Establishing a Delaware Registered Series involves forming a Delaware Series LLC with a few additional steps. Step 1: File A Certificate of Formation The first step is to form a Delaware Series LLC by filing a Certificate of Formation with the Delaware Secretary of State. The […]