Blog

What Is an LLC? A Simple Guide for Business Owners

What Is an LLC? A Simple Guide for Business Owners

If you’re starting a business, one of the first questions you’ll likely ask is whether you should form an LLC. LLCs are one of the most popular business structures in the United States because they offer liability protection, flexibility, and relatively simple maintenance requirements. But what e...
Delaware Void Corporation Revival: Costs, Steps, and What to Expect

Delaware Void Corporation Revival: Costs, Steps, and What to Expect

If your Delaware corporation has gone void, it means the state has officially canceled its existence due to missed franchise taxes or annual reports. While this sounds serious, the good news is that in most cases, you can bring the company back through a process called revival.

Below is a clear breakdown of what it means for a corporation to be void, how revival works in Delaware, and what you need to do to restore your company to good standing.

Do You Actually Need a Delaware Registered Agent? What to Know Before You Form

Do You Actually Need a Delaware Registered Agent? What to Know Before You Form

When you are forming an LLC or corporation in Delaware, one requirement comes up immediately: choosing a registered agent.

For many business owners, this raises a simple question. Is this something you truly need, or just another subscription style service?

The short answer is yes, a registered agent is a requirement of all LLCs and corporations in Delaware. You are legally required to have a registered agent. Understanding why this requirement exists and what it actually means can help you make a better decision about who to designate as your registered agent

Delaware Annual Report Update: “Nature of Business” Is Now Required

Delaware Annual Report Update: “Nature of Business” Is Now Required

This year when you file a Delaware annual report for a domestic corporation, you may notice a new required field: Nature of Business. This is now a required selection during the Annual Report process, whether you file directly through the State of Delaware or through our filing service, FranTax.

Why Delaware is the Most Business-Friendly State

Why Delaware is the Most Business-Friendly State

When entrepreneurs and business owners look for a place to incorporate, one state consistently tops the list: Delaware. Known for its pro-business legal structure, flexible corporate laws, and efficient government processes, Delaware has earned its reputation as the most business-friendly state in the U.S.

What Happens if Your Business Falls Out of Good Standing

What Happens if Your Business Falls Out of Good Standing

Falling out of good standing with the Delaware Division of Corporations can have serious consequences for your business. Whether you operate a Delaware LLC or corporation, losing your good standing status can affect your legal protections, credibility, and ability to operate. In this post, we'll break down what it means to fall out of good standing, the common reasons it happens, the risks involved, and how to fix it quickly.

Apostilles vs. Notarization: What You Need for Delaware Corporate Documents

Apostilles vs. Notarization: What You Need for Delaware Corporate Documents

We frequently hear from business owners requesting notarized copies of their Certificate of Good Standing or Articles of Incorporation, particularly when preparing for international transactions. However, Delaware corporate documents issued by the Secretary of State cannot be notarized. Instead, they require apostille authentication for international use.

Let's take a look at the differences between these two forms of authentication and why apostilles are the proper method for Delaware corporate documents.

How to Get a Copy of Your Delaware Articles of Incorporation

How to Get a Copy of Your Delaware Articles of Incorporation

For Delaware corporations, the Articles of Incorporation, also known as the Certificate of Incorporation, are among the company’s most essential formation documents. But whether you’ve misplaced yours, need extra copies, or want certified versions, getting official duplicates can feel confusing if you’ve never done it before. Here’s a clear, step‑by‑step guide for navigating the process — efficiently and correctly.

Missed Your Delaware LLC Franchise Tax Deadline? Here's What Happens Next

Missed Your Delaware LLC Franchise Tax Deadline? Here's What Happens Next

Each year, Delaware LLCs are required to pay a $300 franchise tax by June 1. It’s a flat fee and relatively simple to manage, but it’s also easy to forget. If you missed the deadline this year, don’t panic. You’re not alone, and there are straightforward steps you can take to fix it. Let’s walk through what happens when you miss the deadline, what it means for your LLC, and how you can resolve it quickly.

Why Delaware is the Top State for Incorporation: Key Advantages Explained

Why Delaware is the Top State for Incorporation: Key Advantages Explained

For decades Delaware has stood out as the go-to state for entrepreneurs and business owners. With its business-friendly environment and well-established legal system, Delaware has long been the preferred state of incorporation for some of the largest companies in the world. Let's take a look at all of the advantages that Delaware offers and why it may be the best choice for your business. 

3 Things to Do After You Start Your LLC

3 Things to Do After You Start Your LLC

Starting an LLC is a significant milestone for any business owner, marking the official launch of a new venture. However, the journey doesn't end with registration. To ensure long-term success and stability, it's crucial to take specific steps immediately after forming your LLC. Let's go over three essential actions to take right after you start your LLC, helping you build a solid foundation for your business.
What to Do if You Don't Need Your LLC Anymore

What to Do if You Don't Need Your LLC Anymore

There are many reasons why a business owner may choose to no longer utilize their LLC. Most often it is because the business was unsuccessful at producing revenue or because the business owner retired or moved on from the business entirely.

One important step in closing your Delaware LLC is to officially cancel your LLC charter with the state of Delaware. It’s important to correctly close your LLC in order to avoid fines and penalties for an LLC you are no longer utilizing.