Why Do Business Owners Want to Pause an LLC? When business owners inquire about pausing an LLC, they typically refer to temporarily ceasing operations without permanently dissolving the entity to save on government and registered agent maintenance fees. The goal is often to avoid ongoing fees, annual reports, and compliance requirements while preserving the LLC, […]
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What Does “Good Standing” Mean? Being in “good standing” means your company meets all its legal requirements in the state where it was set up. Generally, a company is in good standing if it has paid its state taxes and doesn’t owe any bills. Some states require corporations to also file an Annual Report […]
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What Is The Delaware Franchise Tax, Again? The Delaware Franchise Tax is an annual requirement that all companies registered in Delaware have to complete. The State of Delaware requires every registered LLC to pay a flat fee of $400 each year to remain in good standing, regardless of business activity. The term “Franchise Tax” can […]
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Delaware Certificate of Good Standing You can get a Certificate of Good Standing for your Delaware LLC or corporation from a Delaware Commercial Registered Agent. A service like IncNow can secure a Certificate of Good Standing from the Delaware Secretary of State on the same day you place your order. Order a Delaware Certificate of […]
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What Does “Void” Mean for a Delaware LLC or Corporation? A Delaware business entity, such as an LLC or corporation, can become “void”. This happens when the state of Delaware cancels the company. When a company is canceled by the state, it loses its “good standing” status. A void company also loses its limited […]
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What are the Immediate Next Steps After Forming a Delaware LLC? After successfully registering your Delaware LLC, there are several important steps to take in order to establish and operate your business effectively. Here is our complete checklist of what you should do after forming your Delaware LLC. Prepare and Sign an LLC Operating […]
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