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As the year comes to a close, we'd like to take a moment to share our holiday hours for the coming week. 

The Incorporators Ltd. will be closed on the following dates:

• December 24th (Christmas Holiday observed)
• December 31st (New Years observed)

We wish you and your family a happy and healthy holiday and we look forward to working with you in the New Year. 

What is the cheapest way to form an LLC?

Our most cost effective package option is our LLC E-Kit, an all digital package with delivery via email.

This package is priced at $175 and includes all state taxes and fees. Each package includes everything you need to make your business official including a stamped filed copy of your Certificate of Formation, a sample operating agreement and minutes, membership certificates

In preparation for the upcoming holidays, we'd like to take a moment to share with you our hours for the remainder of the calendar year. 

The Incorporators Ltd. will be closed on the following dates:

• November 11th (Veterans Day)
• November 25th (Thanksgiving Holiday)
• November 26th (The day after Thanksgiving)
• December 24th (Christmas Holiday observed)
• December 31st (New Years observed)

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.

Delaware LLC's are required to pay an annual tax to the state of Delaware on or before June 1st. The tax is often referred to as "franchise tax".

Why is it called franchise tax?

This terminology confuses some, simply because our common use of the word franchise usually means a store with multiple locations. In this case, the term is used because the taxes for LLC's...

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:

The Incorporators Ltd. is pleased to announce that we've moved to a new office space.

Our new larger space will accommodate our growing team so that we can continue to provide you with the unparalleled client service you've come to expect from us.

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...

Delaware law requires that all Delaware corporations file an annual report and pay any taxes and fees by March 1st of each year. Corporations who do not complete these steps risk having their charter voided for failure to comply.

By now all active Delaware corporations should have received a notification by letter, which included instructions for electronic filing of the annual report and payment of taxes due. 

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

If you have a Delaware corporation or are considering forming a corporation in Delaware, annual corporate franchise taxes and report filing will be a pivotal part of maintaining corporate compliance and keeping your entity in good standing.  

Today we're answering all of the most common questions about Delaware corporate franchise taxes. 

The Incorporators Ltd. will be closed on December 24th and 25th in celebration of the Christmas holiday. We will also be closed on January 1st for New Year's Day. All orders placed during these holidays will be processed on the next business day. 

We would also like to remind you that if you need to close your business before year end, we will stop taking cancellation and dissolution orders on December 28th to ensure we can process them in time.