Incorporating and Dissolving Companies in Delaware
Home to more than 1 million legal entities, including the most well-known trans-national corporations, Delaware is known for its business-friendly environment and state practices. Its laws and efficient state offices allow for quick incorporation with minimal requirements. One such condition is the annual Franchise tax, which is based on the number of authorized shares of the corporation,...
Delaware Company Renewal
When an entity has failed to maintain a Registered Agent or failed to pay their yearly tax, they may fall into a status other than good standing. To get the entity back into good standing, the Delaware Code requires that certain documents are filed and all back taxes and filing fees are paid. You may obtain the forms and instruction memo by selecting the document that is appropriate...
Business Terms for Companies Registered in Delaware
You
are in the process of starting a new business and of course, you know a lot
about your business. However, it is necessary to have a good command of the
terminology related to the business and market you will establish.
If
you own a Delaware company, there are a number of important business terms you
need to know; so, you may need to fully understand all your documents and
important...
Operating Agreement and Minutes
An operating agreement is a key document used by limited companies to outline the financial and functional decisions of the business including rules, regulations, and provisions. The purpose of the document is to manage the internal operating of the entity to suit the specific requirements of the owners.
It is a legal document that has a form and content varying widely, but, mainly it has key...
Company Dissolution in Delaware
Unfortunately, sometimes things don’t get better and companies that start with great enthusiasm can’t make enough profits. We will give some details about the dissolution of a company in Delaware in this article.
What do you need to dissolve your company?
When you first set up your company, a Certificate of Formation was legally granted to you. Now, when it is time to dissolve your company, a...