Delaware LLC Archives - Page 3 of 6

How to Verify or Prove Ownership in Your LLC: A Complete Guide

By Matthew Dochnal October 16, 2023

When Do Small Business Owners Need to Verify LLC Ownership? As a business owner, several scenarios may require you to verify the ownership of your LLC: Opening a Business Bank Account: Launching your business venture usually involves numerous transactions. A dedicated bank account can streamline your company’s finances. When setting up an LLC bank account, […]

Should I Set Up an LLC Holding Company?

By Matthew Dochnal August 2, 2023

As a business owner or entrepreneur, you may have seen the term “holding company” before. Holding companies are a type of legal structure used by businesses across many different industries. If done right, a holding company can provide unique legal protections that cannot be achieved with just one business entity. Many well-known corporations use holding […]

I Formed a Delaware LLC. Now What?

By Matthew Dochnal July 11, 2023

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 […]

9 Mistakes Delaware LLC Owners Make

By Matthew Dochnal June 27, 2023

Confused business woman asking questions.

Mistake #1: Not Completing and Signing the Operating Agreement. A Delaware LLC should have a written LLC Operating Agreement signed by all of the LLC Members. Some Delaware LLC owners may forget to complete and sign their LLC Operating Agreement. The LLC Operating Agreement is an important document that establishes the organization and management of […]

Can a Delaware LLC Do Business in New York?

By Matthew Dochnal June 1, 2023

Does a Delaware LLC Need to Register in New York? First, let’s discuss when a Delaware LLC needs to register as a foreign entity in New York. To put it simply, if your Delaware LLC is going to do business or have a physical presence in New York, you will need to complete a […]

Can a Delaware LLC Do Business in Other States? A Guide to Foreign Qualification

By Matthew Dochnal May 23, 2023

What Is a Foreign Qualification? A foreign qualification legally allows a business entity, like an LLC or corporation, to operate outside its original state. For instance, if a candy store was initially set up as a Delaware LLC and now plans to expand into Florida, it needs to register the Delaware LLC as a […]