Delaware Corporation and Entity Laws
The Sections of the Delaware Code that pertain to Legal Entities are: Title 5 – Banking Chapter 7 – Corporation Law for State Banks and Trust Companies Title 6 – Commerce and Trade Article 9 – Secured Transactions and UCC filings Chapter 15 – Partnership Chapter 17 – Limited Partnerships Chapter 18 – Limited Liability […]
Read MoreAfter Incorporation or Formation, What’s Next? (What’s the Difference between Incorporation and Licensing?)
Summary A business entity’s life cycle begins with the legal process known as “incorporation” or “formation.” Once formed, a business entity is not automatically ready to start doing business. Most businesses must also obtain proper business licenses and permits to operate. It is critically important to understand these obligations in each jurisdiction where you operate. […]
Read MoreForming a Delaware Corporation
Summary Companies of all sizes, including 79% of all US initial public offerings during calendar year 2022, 67.6% of the Fortune 500, and thousands of subsidiaries of companies based outside of the United States have chosen Delaware as their corporate home. Before making any decisions, consult corporate governance and law experts and make critical decisions […]
Read MoreDelaware’s Alternatives to Corporations
Delaware offers business solutions for managers and investors that go far beyond traditional stock corporations. Although the governing laws may differ, Delaware’s other advantages remain the same for these alternative entities excellent courts, a legislature willing to work with Delaware’s corporate bar, and a service-oriented Secretary of State’s Office. Thus, no matter which corporate form […]
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