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Choosing the right legal home for your business requires a clear understanding of each state’s unique legal and regulatory landscape. Delaware is considered the gold standard for business formation.
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Business Compliance What Is HB 400?
Why Is the Delaware LLC Franchise Tax Increasing? Here are the Key reasons for the HB 400 Franchise Tax increase: Generating additional state revenue for Delaware’s operating budget. Updating fees that had not kept pace with inflation and administrative costs. Supporting Delaware’s business infrastructure, including the systems and services used to process about 360,000 new […]
Corporations What Does Entity Mean? Is an Entity the Same as a Company?
Historically, business incorporation required an act of legislature and signature of the governor, and would be limited to large enterprises. About 150 years ago, the laws were simplified to allow anyone to form a business with a filing and no act of the general assembly of a state legislature. Examples of Entities include an incorporated […]
Business Insights How to Protect Real Estate Investments From Business Liabilities
Real estate is passive and not a lightning rod that attracts liability. Real estate is also a large store of value. If the restaurant company holds title to the real estate, then you have taken a big risk that was easily avoidable. You should never let real estate be exposed to creditors of the business. […]