Incorporation Specialist Blog

  How to Close a Delaware LLC: 3 Steps Formally closing a Delaware LLC requires completing the following steps: Step 1.) Members Vote on Cancellation Before proceeding with closing the business, the existing Members must agree to cancel the LLC. Oftentimes the LLC Operating Agreement will include a provision detailing how Members should come to […]

  What Is An LLC (Limited Liability Company)? An LLC, or “Limited Liability Company”, is a type of business structure that provides liability protection for its owners. The laws of the state where the LLC is registered uphold these protections. LLCs create a layer of separation between a business and its owners, who are called […]

  What Is A Delaware C-Corporation, Exactly? The “C” in C-Corp refers to a corporation’s federal tax designation. The IRS designates Delaware Corporations as C-Corps by default. However, a corporation can elect to be taxed as an S-Corporation by filing IRS Form 2553.  Many entrepreneurs get confused when trying to incorporate a C-Corp on their […]

Permanent residents of the United States are able to start businesses and form LLCs in Delaware. This includes US green card holders. In fact, individuals from almost any country in the world (except restricted countries) can form a Delaware LLC. If you are a permanent resident looking for your piece of the American Dream, forming […]

  How to Add a Member to a Delaware LLC A Delaware LLC can make membership changes by following three simple steps: Step 1: Vote On Changes Changing membership in a Delaware LLC starts with existing LLC members holding a vote. Existing members must provide unanimous consent before an ownership transfer can be made. LLC […]