Incorporation Specialist Blog

Umbrella LLC Advantages: The business entity is already created; Lower overhead costs (one annual fee instead of multiple); Less oversight is required to keep assets separate since they are held within the same company; Having multiple “incubators” for business lines can accelerate innovation, experimentation, and growth through diversification; Better suited for activities that are low […]

Is a Delaware Business License Required for a Delaware LLC? No, a Delaware business license will not be required for your Delaware LLC if you are not actually conducting business within Delaware’s borders. However, you may require a business license for the area in which you plan to do business. You will want to work […]

Things to Consider When Choosing a State to Incorporate What is the best state to incorporate? Many people choose Delaware to incorporate (or form) their LLC or corporation. Here are a few things to consider when making your decision: Business-friendly laws: Choosing to incorporate in Delaware means that Delaware law will govern the internal affairs […]

The Delaware Limited Liability Company Compares Favorably to the Delaware Corporation When starting a business, you probably have a lot of questions, including “Is an LLC a corporation?” and “Where should I incorporate?”. You do not have to incorporate in your home state if the laws there are unfavorable to protecting you. Instead, you can […]

If you’ve formed an LLC but haven’t done business this year, you may be wondering if you need to pay the Delaware franchise tax. Here’s what you need to know. What Is the Delaware Franchise Tax, Again? Franchise “Tax” is often misinterpreted to mean that the fee will be calculated based on profits or capitalization, […]