Guide

Delaware provides nonprofits with many advantages, such as flexible governance, advantageous tax treatment and low administrative burden. But those benefits come at the cost of some drawbacks; ultimately, the best decision for your organization will depend on specific requirements. Furthermore, your nonprofit must maintain ongoing compliance with the state and may need licensing or permits. […]

A Delaware certificate of merger is an essential document required to be filed with the Department of State upon merging two companies. It contains details regarding both parties involved in the merger as well as their newly formed corporation. Delaware corporations merging with another state’s corporations must pay franchise tax payments in the new jurisdiction

Delaware LLCs are business entities that give owners considerable freedom. You can assign voting or consent rights and obligations to different Members, Managers, Classes or even individuals within your corporation. These flexibility rights give owners the power to structure their business relationships however they see fit, while giving Delaware courts the authority to resolve disputes

Limited liability company (LLC), commonly used in the United States, is a business structure designed to shield business owners from personal responsibility for debts or business obligations. If you’re starting a new business or expanding an existing one, it is essential to determine if your Delaware LLC can operate in Illinois. This will enable you

Delaware franchise taxes are a fee charged to businesses so the state can afford certain privileges for them. Common benefits include tax benefits, management confidentiality and other important business safeguards. Corporations must pay their franchise tax by March 1 of each year, while LLCs and LPs pay it on June 1. Businesses that fail to

Delaware is a popular option for business formation due to its advantageous tax law, robust legal system, and highly-regarded courts. The Delaware General Corporation Law (DGCL) grants companies operating within the state considerable freedom of choice. Delaware incorporation can be an advantageous choice for businesses that want to protect their assets from personal liability. The

Delaware is renowned for its business-friendly environment and favorable tax code. With lower costs of living and easy access to many East Coast cities, it’s no wonder so many entrepreneurs choose to locate in Delaware. Entrepreneurs in California have access to a wide range of tax alternatives and an established business law framework that’s taught

No matter your business size or scope, forming a Delaware LLC can help you reach your objectives. Forming is effortless and low-maintenance costs make it the go-to choice for business formation – just one of many reasons why. Delaware LLCs are easy to start up and offer limited liability protection for their owners. In case

Unanimous written consent is an invaluable asset when conducting board actions without a formal meeting. It’s especially helpful in cases of contentious matters or divided boards, and can guarantee all directors approve an action without needing a gathering in person. Under Delaware law, consent must be signed in duplicate (separate signature pages) and filed with

If you’re a business owner in Delaware, obtaining a certificate of authority may be necessary. This document serves as evidence that your company adheres to state regulations and taxes. Additionally, having an established brand helps you secure better financing options and deals with banks and investors. Showing them that your company is serious about business