Company Formation FAQ

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Each business in Delaware is required to have a registered agent located in Delaware. This is an obligatory regulation. Registered agent is accepted as the original founder and also the one operating the company. Legal requirements and putting decisions into practice (e.g. share sales) are among the responsibilities of the registered agent. You can contact us for this requirement.

Delaware Corporation is a business type established within the scope of Delaware Corporate Law. Pro-business law system in Delaware has been accepted as the best one by the US Law Reform Commission for the last 11 years. That is basically why Delaware is one of the most popular places to start businesses in the world.

If you own a Delaware Company, you should pay Registered agent fee and Franchise Tax every year.
Registered Agent : $95
Franchise Tax for LLCs : $300
Franchise Tax for Corps : $225

For example; Eva has a Delaware LLC and formed in 2017, and her yearly cost is 395 USD. (After the first calendar year.)

Investors usually seek for two things: a good and fair profit, and legal approval of their investment. Stock certificates are the only way to provide the latter. It is quite unlikely for an experienced investor to invest in an abstract and non-stock-ownership project. Therefore, if you have the support of an investor or if you have an idea that will attract investors, it is a good idea to start a business in which investors can legally have shares and get profit from it.

Your LLC can not include the terms Bank, University or College in its name

No. Operating your corporate businesses from anywhere else in the world and having your corporate bank account in the most suitable place for you are among the greatest advantages of having your business in Delaware. You can get more information about starting a business in Delaware and answer of the question Why Delaware, in our other articles.

Yes. A corporate can buy another corporate. This can be done by using the shares of the primary corporate. This is simply another advantage of owning a business in Delaware. Additionally, according to the new regulations of IRS, even S-Corporations can buy a large part of affiliate companies and control them.

If you are submitting your application online, and if you are the non-us person you don’t need to have SSN or ITIN to get EIN. If you are a US person, you have to claim your SSN to get EIN.

If you do not pay the registered agent fee on time, your company will not be in good standing and you can not maintain your business. 

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