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Delaware Product Plans
Category:
State:
Multi-State
Control #:
US-TC05082G
Format:
Word;
PDF;
Rich Text
Instant download
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FAQ
Delaware does not require a franchise tax report for each series of a Series LLC. A Series LLC in Delaware is treated as a single entity, so you only have to pay one Franchise Tax of $300 per year, due every year on June 1st, instead of each individual series of a Series LLC paying $300 per year.
Starting an LLC in Delaware will include the following steps: #1: Name Your Delaware LLC. #2: Designate a Registered Agent. #3: File Your Delaware Certificate of Formation. #4: Draft an Operating Agreement. #5: Obtain an Employer Identification Number (EIN)
If you are looking for asset protection, tax savings, flexibility in management, and access to a large pool of business expertise, then setting up a Delaware LLC may be worth the cost.
To form a Delaware Series LLC, it only requires (1) the $110 payment to the Delaware Division of Corporations and (2) filing of the standard one-page Certificate of Formation naming the Registered Agent with (3) an extra paragraph in the Certificate of Formation to notice others that the LLC has the right to create ...
To dissolve your domestic corporation in Delaware, you must provide the completed Certificate of Dissolution form to the Department of State by mail, fax or in person, along with the filing fee. Include a Filing Cover Memo with your name, address and telephone/fax number to enable them to contact you if necessary.
To form a Delaware Series LLC, it only requires (1) the $110 payment to the Delaware Division of Corporations and (2) filing of the standard one-page Certificate of Formation naming the Registered Agent with (3) an extra paragraph in the Certificate of Formation to notice others that the LLC has the right to create ...
Yes, if you live in a state that allows their formation and you run a business that would benefit from enhanced liability protection (like real estate). However, if your company doesn't hold a lot of separate assets or run many separate businesses, then it might not be worth the extra filing fees and paperwork.
Delaware LLC Cost. Delaware charges $110 to start an LLC, $75 to get a business license, and an annual franchise tax of $300. On top of that, there are some optional expenses to consider, like hiring a registered agent or ordering certified copies.
