Create Delaware LLC
If you are going to create a LLC, one of the best states for your company’s registration is Delaware. One of the best decision you can make as a small business owner is to create Delaware LLC. Delaware is an extremely business-friendly state, with more than half a million incorporated business entities. Many of these are Fortune 500 companies. The reasons for Delaware’s popularity as a location for business’ forming corporations and creating LLC’s includes:
- the state’s flexible corporate laws
- its excellent Court of Chancery
- its business-friendly state government
- and the ease of dealing with the Delaware Division of Corporations
In addition, there are no state requirements for corporations to operate in Delaware. You do, however, need to have a registered agent in the state, to act on your behalf. This can be an individual resident or a domestic corporation that is already in place in Delaware.
Delaware LLCs are quickly processed, taking only 24 hours to file in most cases. There is even a 2-hour filing service. Considering using our service to create your LLC. We are recommended by BestIncorporationService.com.
As if this was not enough of an incentive, there is no corporate income tax for Delaware companies that are not doing business in Delaware. Shares of stock owned by people who do not live in Delaware are not subject to Delaware taxes, either. Also, creating a LLC in Delaware is one of the cheapest in the country.
Delaware Court of Chancery
The Delaware Court of Chancery is a separate court system just for business cases in the state. It relies on judges, not juries, who are appointed based on their expertise in corporate law. This business court was founded in 1792 and it has played a very important part in the creation of most of the United States corporation case law.
Delaware’s Court of Chancery is a direct descendant of the High Court of Chancery of Great Britain. That ancient court is now defunct, but the Delaware version survives because it has always been able to grow with the times.
The High Court of Chancery of Great Britain grew out of the King’s Chapel in feudal England. This entity was responsible for issuing official documents on behalf of the King, such as royal writs that were initiating common law proceedings. The Chapel became the Court of Chancery, which assisted people who could not find justice in the common law system. The reasons for the failure of this justice system were the corruption and the lack of adequate enforcement. Nowadays, the Delaware Court of Chancery is considered the United States’ most eminent agency for dispute resolution. This includes corporate litigation.
Delaware’s State Government
Perhaps because of Delaware’s long history as a business-friendly state, the Division of Corporation goes out of its way to assist new businesses and in helping them create Delaware LLC s. Its entire staff is highly knowledgeable and efficient. The Delaware Division of Corporations is constructed specifically to cater to the incorporation of businesses in the state.
This is where you begin your quest to create Delaware LLC. All the information, forms and links that you need are readily available from Division’s website (http://corp.delaware.gov).
The website itself points out the reason for Delaware’s popularity as an incorporation location. “More than 900,000 business entities have their legal home in Delaware, including more than 50% of all U.S. publicly-traded companies and 63% of the Fortune 500. Businesses choose Delaware because we provide a complete package of incorporation services, including modern and flexible corporate laws, our highly-respected Court of Chancery, a business-friendly State Government and the customer service oriented Staff of the Delaware Division of Corporations.”
Create Delaware LLC for Free
You can create your own Delaware LLC just by paying the government filing fee. Whereas some attorney’s can charge as much as $2,500 for filing the paperwork and most online incorporation services charge a few hundred dollars, CreateLLC.com provides this service for free. Simply pay the government state filing fee with Delaware when you Create your LLC with us and we do the rest. You can create the LLC here.
In the state of Delaware it’s required to have a registered agent and registered office. A registered agent (also referred to as a resident agent or statutory agent) is a business or individual designated to receive legal papers, such as service of process from a lawsuit or summons or paperwork from a tax agency or secretary of state. The registered agent is most commonly a third party service company or lawyer.
If a corporation or LLC filed with the state fails to maintain a registered agent it can affect the company negatively and in some cases cause the company to lose it’s good standing with the state.
Your corporation’s registered office is the address where the registered agent is located. During normal business hours, the agent is expected to be accessible. The registered office address also has to be a physical street address in the state of Delaware.
Occasionally a corporate officer will be named as the registered agent. However, many companies prefer to use a third party to handle this service because of the importance of its duties.
One of the ideal solutions is to find a full-service company to take care of the paperwork from the initial incorporation to handling the annual requirements. There are companies that will not only set up the corporation for you but also provide the registered agent service. When your Create Delaware LLC with us, we provide registered agent services with one of the oldest and largest companies in the world to offer these services.