Category Archives: Starting Your Business

business type - series LLC
Series LLC

Delaware corporate law allows a fascinating business type: Series LLC. Each LLC within a Series LLC in Delaware is regarded as a legally independent and separate entity, which means each object is responsible for its debts, expenses, financial responsibilities and legal obligations. Each LLC may have its assets, members, activities, and purpose of business. However, […]

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Non-Profit Corporation

There are two steps to take while starting a Non-Profit Corporation. First, the owner(s) or the organization that will begin this corporation will start a non-stock company. There are no shareholders except for the members of this company, and they usually expect no profit. There can be members with different status within this company. For […]

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General Corporations & Closed Corporations

General Corporations In most cases, if a corporation decides to go public or conduct private share sales, this corporation is regarded as a “General Corporation.” Accordingly, if this corporation chooses to raise capital money, global corporations are quite useful. There are three different management layers of global corporations: shareholders, directors, and officers. They all have […]