![]() Delaware corporations can easily file their annual reports online, with just a little bit of information, and annual on the exact day as before.ĭelaware LLC formation is very straightforward compared to other states.Shareholders and directors can, therefore, secure the privacy of their individual details. Corporations in Delaware, in contrast with other states, do not need to provide much information on their business filings.This is beneficial for big corporations especially. The Court of Chancery, which usually presides over business cases, utilizes judges instead of juries.A corporation's shareholders, officers, directors, members, and management do not need to live in Delaware.The most developed business structure laws in the country.Delaware Corporation AdvantagesĪdvantages of incorporating in Delaware include: Over a million businesses in total are incorporated in Delaware. Specifically, over 58 percent of the Fortune 500 and 68 percent of the 50 biggest American businesses are Delaware-incorporated businesses. Because of this, some of the country's largest businesses select Delaware as their incorporation state. Why Incorporate In Delaware?Ī significant benefit of incorporating in Delaware is that it gives attractive tax treatment to businesses that have their headquarters in other states. The state of Delaware can assist with you finding out if the new name is open and in exchange for a fee will help you register it. The main difference is that there is more paperwork to do that connects the new name to the current business. Doing a Delaware Corporation or LLC Name ChangeĬhanging your Delaware LLC's or corporation's name is similar in many ways to when you initially chose and registered your business's name during its incorporation. If you would like more details, you can get it by paying a $10 or $20 fee, based on if you want to look at the entity's status or their franchise's tax assessment. You can look at much of the details for the business for free. Usually, your search will just have a single result because just one business will have the file number you entered. To search by file number, go back to the original name search webpage and enter the business's file number that you hope to study. The state is able to look for and give you the business's name, incorporation date, registered agent's name, their address, and their file code. The state of Delaware is able to work with you on alternative options if you find your desired business name is already in use. By searching using this function, you can discover if the business name is already being used in Delaware.The fee varies depending on if you want to know the entity's status or their franchise's tax assessment. More details can be retrieved for a $10 or $20 fee. ![]() Now you can also look at the details registered to the businesses found, which the Delaware Secretary of State has made publicly available. If no businesses are currently using the name, it can be used and registered.You will be notified by the webpage if no businesses are at the moment utilizing the searched-for name. Look at the results that the search has returned.First, type in the business name in the proper box and push “search.”.The initial step is going to the Delaware name search webpage. You can select from many types of businesses, from limited partnership to limited liability company, general partnership, corporation, statutory trust, and limited liability partnership. In order to do a Delaware Name Search and or Name Reservation, you must first select a business type. To start off with the Name Reservation registration or the Delaware Business Entity Search, select a type of entity. Tutorials for either method are available. After registering, you can use the search tool to find your business information, as well as that of any other business that has filed with the Delaware Secretary of State.īusinesses that are applying can look through the Division of Corporation's files using names or file numbers. Delaware Business Entity Search and LLC Name Searchĭoing a Delaware Business Entity Search helps you find out if a business name is available before your register. You will not be allowed to register a name that is already used by another business in the state. A Delaware corporation search allows new business owners to make sure the name they've chosen for their company is unique.
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