ucc search services in delaware

UCC Filings and Searches: What You Need to Know

What is a UCC Filing?

UCC stands for Universal Commercial Code, a group of acts related to sales and commercial transactions that have been adopted as law in all 50 states. It was established when it became clear that the variations in state laws were posing challenges to businesses and it was necessary to standardize the laws for commercial transactions. 

A UCC filing refers to the UCC-1 Financing Statement, a legal document that a lender or creditor files with the secretary of state when they have a security interest in the personal or business property of a debtor.

businesswoman in conference room - do i need a registered agent

Do I Need a Registered Agent?

You might be wondering - do I need a registered agent? If you run a small business or live in the state where your entity is registered, the reasons for hiring a registered agent may not be obvious. 

Here are some questions to ask yourself to decide if you need a registered agent:

  1. Is your business registered in a state that you do not have a physical location in?
image of clock drawn on chalkboard for article about how long a certificate of good standing is good for

How Long is a Certificate of Good Standing Good for?

How Long is a Certificate of Good Standing Good for?

All certificates of good standing may be validated at the Delaware Division of Corporations ink found here for one year from issuance. This means that the requesting party can confirm that it is a legitimate certificate, not a forgery. The date on the certificate means that as of the date of issuance...

four people sitting around a table discussing their LLC operating agreement

How to (and Why You Might) Amend your LLC Operating Agreement

What is an Operating Agreement?

The operating agreement is the document that sets forth how your LLC will run. This document outlines several important elements of your LLC including:

  • Basic details of the LLC including the name, purpose, and address
  • The roles and responsibilities of members and managers
  • Ownership percentage and initial contribution of members
  • Profit and loss management plans
elements of an llc - company formation documents - operating agreement

Elements of an LLC

Limited Liability Companies (LLCs) are one of most popular entity types - and for good reason. Business owners form LLCs to limit personal liability, enjoy tax benefits, increase legitimacy, and more. Plus, Delaware has fixed annual state franchise taxes regardless of business size or number of members. You can learn more about why Delaware might be right for your business here.
what is service of process

What is Service of Process?

We've all seen it on TV and in movies - someone abruptly hands an envelope to a character and says, "You've been served". It's a dramatic moment that you probably think would never happen to you. But as a business owner, it very well could. 

Today we're taking a look at what service of process means, how likely you are to...

road block - company not in good standing

What to Do if Your Company is Not in Good Standing

One of the most common documents that companies need periodically after they form their entity is a certificate of good standing.

All states offer some form of a certificate of good standing, sometimes called a certificate of status, status certificate, certificate of existence, or certificate of authorization. They are typically issued by the Secretary of State in the state where...
How to Start a Non-Profit

How to Start a Non-Profit

Thinking about starting a non-profit? Non-profits play a pivotal role in our economy and our communities. In fact, according to Urban Center's National Center for Charitable Statistics, the nonprofit sector contributed an estimated $985.4 billion to the US economy in 2015, composing 5.4 percent of the country's gross domestic product (GDP). [source]

In recent years, the non-profit...
how much does it cost to form an llc?

How Much Does it Cost to Form an LLC in Delaware?

When considering the transition from a sole proprietorship to an LLC, many business owners wonder, "What's the cost?" Businesses often have been operating as sole proprietorships for some time before deciding to form an LLC. Concerns about up-front and ongoing costs sometimes keep business owners from doing so.

Let's take a look at what it costs to form a...
how to prove existence of your company

How to Prove the Existence of Your Company

One of the most common questions we receive from clients is, "How do I provide proof that my company exists?" It may seem like a simple question but it's one that causes confusion - and for good reason! The document proving the existence of your company may be called a variety of names dependin...
How Long Does it Take to Get a Certificate of Good Standing?

How Long Does it Take to Get a Certificate of Good Standing?

One of the most common questions we receive regarding any of our products is, "How long will it take?" This is a fair question and one we take seriously. We always hope to provide realistic expectations but intend to deliver your order as quickly as we can.

The good news is that turn around time for a Delaware Certificate of...
certificate of organization vs. articles of incorporation

Articles of Incorporation vs. Certificate of Organization - What's the Difference?

Clients often come to us because they have been asked to provide a document called the "Certificate of Organization". This document is commonly requested by financial institutions during financing or merger related activities. It can also be requested by insurance companies, attorneys, accountants, and more.

This document frequently causes confusion because it has a variety of names, based on the...