Category Archives: Learning Center

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Delaware: Business-Friendly and Tax Heaven

When it comes to starting a business, Delaware has been one of the leading states for more than 100 years. Delaware hosts more than 1 million businesses. 63% of Fortune 500 companies also are in Delaware. Last year, people started more than 145 companies in Delaware, and 70% of these businesses are LLCs. One of […]

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How To Wind Up A Company

How To Wind Up A Company Unfortunately, sometimes things do not go as they were expected. What do you need to wind up a company? You were given a legal “Certificate of Formation” when you first started your business. You will also get a “Certificate of Dissolution” when you decide to wind up your company. […]

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General Partnership vs. Limited Partnership

While incorporating in Delaware with a company or individual, roles and liabilities should be appropriately set. There are two favorite partnership type: general partnership and limited partnership. What are the differences? The general partnership is the most common partnership type. Within this partnership model, all partners contribute to the daily duties of the business and […]