Incorporation Specialist Blog

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corporate asset protection Asset Protection

What Are Special Purpose Vehicles?

  What Is a Special Purpose Vehicle? A Special Purpose Vehicle, or “SPV”, is a separate LLC established by a parent company to complete a unique business activity or task. Most companies include broad purpose clauses in their corporate bylaws. These clauses basically say the company can undertake any action as long as it is […]

By Matthew Dochnal November 17, 2022
Delaware Court of Chancery gavel laying on a notebook Delaware LLC

Do I Need a Lawyer to Set Up a Delaware LLC?

  Do I Need a Lawyer To Set Up a Delaware LLC? Hiring an incorporation lawyer with experience forming and maintaining LLCs is a good way to ensure that your company has a strong legal foundation. For many businesses however, hiring a lawyer is not practical or affordable. How To Set Up an LLC: 5 […]

By Matthew Dochnal November 17, 2022
stack of Delaware company documents Taxes

How To Maximize Tax Savings for Single-Member LLCs

Tax Deductions and Write-Offs for Single-Member LLCs Single-Member LLC owners can find significant cost savings for their business just by digging into the tax code. Here are some less obvious business expense deductions that Single-Member LLCs can claim to significantly lower their costs: Home-Office Deduction – Deduct up to $1,500 if you run your business […]

By Matthew Dochnal November 8, 2022
Delaware small business women working with clothing B Corp

What Is A Delaware Public Benefit Corporation?

  Do you want to make money while also making a difference in the world? The Delaware Public Benefit Corporation (“PBC”) allows companies to do just that. A Public Benefit Corporation is a for-profit business with a stated “public benefit” purpose set out in its incorporation documents. Delaware PBCs benefit both stakeholders and shareholders, and […]

By Matthew Dochnal October 24, 2022
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