About LLCs

The LLC is the most popular type of Delaware business formation. In these blogs, we examine all aspects of LLCs, including LLC Operating Agreements.

Free Webinar: Understanding the Series LLC By HBS Monday, November 30, 2020 Unlike basic LLCs, the Series LLC typically involves several inter-related entities, sometimes referred to as a “parent” LLC and multiple “child” LLCs. On top of that, there are different types of series available for Delaware LLCs that can create additional questions and issues... Read More
What is a Delaware LLC Certificate of Formation? By Devin Scott Tuesday, February 4, 2020 If you are preparing your own Delaware LLC Certificate of Formation, your name will be listed on the Certificate as the Delaware LLC's authorized person; this is is why many people opt to have us act as their Delaware Registered Agent... Read More
An LLC Could Help With Your FFL Application By Devin Scott Tuesday, October 29, 2019 Federal Firearms LicenseWe are noticing that many clients are forming an LLC first, and then applying for their FFL. The ATF is typically more inclined to approve an application for a business entity... Read More
Creating an Operating Agreement for Your Band By HBS Monday, May 20, 2019 One of the most common and straightforward ways to define the structure is to form an LLC for the band. Forming the company means creating an LLC Operating Agreement, which allows the band to formalize roles and responsibilities of its members... Read More
Delaware LLC Requirements to Get a Federal Tax ID By Brett Melson Tuesday, October 2, 2018 How to Get a Tax ID Number for a Delaware LLCOnce a Delaware LLC has its Certificate of Formation stamped and approved by the state of Delaware, the next step is to obtain a Federal Tax ID Number, also known as an EIN, from the IRS... Read More
The Structure of the Limited Liability Company By Rick Bell Tuesday, February 27, 2018 business structure of an llcA member of an LLC may also function as a manager, but an LLC does not need to have a manager; members can run the company on their own. As for managing-member vs member classifications, it is simple: when a member is also a manager, he or she is usually referred to as a "managing-member.".. Read More
Form a Delaware LLC Without Names on the Public Record By Brett Melson Monday, December 25, 2017 form a delaware llc without names on the public recordMany people want to know how to file a Delaware LLC confidentially, and how to protect ownership if you file and decide not to list your member's names on your Certificate of Formation. In Delaware, the only document you are required to file in order to create an LLC is a Certificate of Formation... Read More
How to Add a Series to a Delaware Protected Series LLC By Brett Melson Monday, November 20, 2017 how to add a series to a delaware series llcA Series LLC is a viable option for business owners who operate multiple types of businesses—they can form a separate LLC for each aspect of their business... Read More
Delaware Series LLC Operating Agreement & Structure By Brett Melson Tuesday, May 16, 2017 delaware series llcUnder Delaware law, a series LLC (limited liability company) may be composed of individual series of membership interests. This type of entity is referred to as a Delaware series LLC. Here's what you need to know about the Delaware series LLC, including the series LLC operating agreement... Read More
NY’s LLC Publication Requirement for Foreign Entities By Jeremy Reed Monday, November 28, 2016 new york LLC publication requirementIf you would like to operate your Delaware LLC in the state of New York, you can easily do so after you file for Foreign Qualification. Foreign Qualification is the process in which the New York Department of State gives your Delaware LLC permission to legally operate in that state... Read More
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