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A Delaware LLC merger happens when business agreements combine multiple entities into one sole entity. The LLC series isn't considered a separate entity ing to Delaware state laws.
Domesticating in Delaware There is a special section of the Delaware Corporation Law that also allows businesses outside of the U.S. to domesticate in Delaware. Companies that want to domesticate in Delaware should complete the following steps: File a certificate of domestication.
Converting to a Delaware C Corp Basics It's quick. It generally takes about two to three days for the state of Delaware to process the paperwork. It's pretty cheap. For instance, in Delaware, the filing fee for an LLC to C Corporation conversion usually costs less than $300.
Convert a Delaware Corporation to an LLC Step 1: Get Board Approval. A corporation is ruled by a board of directors,consisting of shareholders. ... Step 2: Draft LLC Operating Agreement. ... Step 3: Pay Corporate Franchise Tax. ... Step 4: Submit Formation Documents.
Section 265 - Conversion of other entities to a domestic corporation (a) As used in this section, the term "other entity" means a limited liability company, statutory trust, business trust or association, real estate investment trust, common-law trust or any other unincorporated business including a partnership ( ...
Delaware uses the name domestication only for a similar transaction that officially moves an entity organized in another country to Delaware. Delaware's conversion process can also change a Delaware LLC into an out-of-state LLC.
Statutory conversions involve a much simpler process than mergers. Because Delaware recognizes LLC-to-corporation conversions, it's best to use the statutory conversion process laid out in Delaware's business laws.
Filing fees for Delaware LLC to corporation conversion A one-page document of transfer can be filed for $164. A one-page registration costs $89 to file.