Incorporation Specialist Blog

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good standing Business Insights

Delaware’s Secretary of State Shines During the Pandemic

The most well-known of these divisions is the Division of Corporations. Under the direction of Deputy Secretary of State, Kristopher Knight, the division serves as the backbone for the incorporation franchise, servicing companies formed in the state of Delaware. By creating a state of the art filing system, the Delaware Division of Corporations established a […]

By IncNow June 24, 2021
franchise tax payment Annual Report for Corporation

How to File a Delaware Annual Report

Filing the Delaware annual report online only takes five minutes. Avoid the $125 penalty, plus interest and keep your corporation in good standing by filing your Delaware annual report on-time. What Is the Delaware Annual Report? The Delaware Annual Report is a set of business information that must be submitted to the Division of Corporations […]

By IncNow May 28, 2021
registered agent Delaware Registered Agent

What is a Delaware Registered Agent?

So, What Is a Delaware Registered Agent? This agent is designated to receive “service of process” when the company it represents is sued. Since most businesses are not physically located in Delaware, they must have a third party serve as their agent. This is where you need to be careful when you incorporate a company. […]

By IncNow May 7, 2021
LLC capital contributions LLC

How to Handle LLC Capital Contributions and Distributions

Members of an LLC are subject to capital contributions and profit distributions based on terms they agree to in the Operating Agreement. Below we talk through several key issues for you to consider as you receive and distribute capital for your LLC. What is a capital contribution? A capital contribution is the cash or property […]

By IncNow May 7, 2021
holding company Customer Questions

Should I Set Up an LLC Holding Company?

How you can protect your businesses from the liabilities of your other businesses Does a D.B.A. offer you any legal protection? Are there alternatives to setting up a separate LLC for each business or property? If you have multiple LLCs, it’s only natural to wonder if you should set up an LLC holding company. In order to determine […]

By IncNow May 7, 2021
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