Incorporation Specialist Blog

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filing cabinet LLC

What Is an LLC and What Is Its Purpose?

Many companies are LLCs. While the abbreviation can be spotted at the end of many company names, it’s understandable that you might not be entirely clear on what, exactly, an LLC is and its purpose. Each state has its own unique statutory law that sets forth requirements to form a Limited Liability Company (hereinafter “LLC” […]

By IncNow September 13, 2021
bfw2021 B Corp

INCNOW NAMED 2021 “BEST FOR THE WORLD” IN GOVERNANCE

Along with improving the environment, IncNow is also dedicated to promoting numerous charitable causes. John Williams is an active member of the Delaware rowing community and utilizes rowing to give back to the local community. IncNow is a proud supporter of Breaking Barriers Rowing and Fitness in Newark. Breaking Barriers is a nonprofit organization run […]

By IncNow August 5, 2021
Public Benefit Corporation

4 Benefits of Becoming a Sustainable Business

Achieving the “triple advantage” is the primary aim for firms that invest heavily into promoting sustainability. The three pieces making up the triple advantage are:  People The environment Financial results The term describes the business benefits realized alongside significant environmental and societal progress resulting from a company’s sustainability efforts.  Statistics published in a report by […]

By IncNow July 14, 2021
Corporate Transparency Act Business Compliance

How does a Delaware Series LLC File Beneficial Ownership Information Under the Corporate Transparency Act?

What is the Corporate Transparency Act? The Corporate Transparency Act is new legislation that requires all small business entities to file “beneficial ownership” information (BOI) with FinCEN. A beneficial owner is an individual who directly or indirectly has “substantial control” over a company and/or owns at least 25% of a company’s ownership interests. The CTA […]

By IncNow June 25, 2021
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