LLC

Can a Delaware LLC Do Business in Texas? Texas Foreign Qualification, Explained

By Matthew Dochnal August 3, 2023

If you own a Delaware Limited Liability Company (LLC) and want to start doing business in Texas, you might have questions. Can a Delaware LLC do business in Texas? Absolutely, but there are some steps you need to follow first. This process is called foreign qualification. Foreign qualification may seem challenging, but in this comprehensive […]

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Should I Set Up an LLC Holding Company?

By Matthew Dochnal August 2, 2023

As a business owner or entrepreneur, you may have seen the term “holding company” before. Holding companies are a type of legal structure used by businesses across many different industries. If done right, a holding company can provide unique legal protections that cannot be achieved with just one business entity. Many well-known corporations use holding […]

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My Delaware Company Is ‘Void’: What Do I Do?

By Matthew Dochnal July 12, 2023

If you have a Delaware LLC or Delaware corporation, there are some annual requirements that you need to know about. If you haven’t kept up with these requirements, your company may have gone “void” or “inactive.”  But what does it mean if your Delaware company goes void and what should you do?     Letting […]

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I Formed a Delaware LLC. Now What?

By Matthew Dochnal July 11, 2023

Forming a Delaware LLC through an incorporation service, like IncNow, can be so simple that it leaves people with questions. Many LLC owners ask: What else do I need to do? What are the next steps? What annual fees do I pay? Delaware LLCs are easy to set-up and manage. However, there are some things […]

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9 Mistakes Delaware LLC Owners Make

By Matthew Dochnal June 27, 2023
Confused business woman asking questions.

  Delaware LLCs are popular with small business owners because they are easy to set up, understand and manage. However, there are some common Delaware LLC mistakes owners make. The results of these mistakes can range from just an inconvenience to something that hurts the business. Forming a Delaware LLC is a smart move for […]

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Can a Delaware LLC Do Business in New York?

By Matthew Dochnal June 1, 2023
new york city

If you’re planning to operate your Delaware LLC in New York, you may wonder about the necessary steps. Is your Delaware LLC allowed to do business in New York? The answer is yes, but first, you need to complete a foreign qualification. While it might sound complicated, we’re going to break down how to qualify […]

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Can a Delaware LLC Do Business in Other States? A Guide to Foreign Qualification

By Matthew Dochnal May 23, 2023
united states map with pins

A Delaware LLC can do business in any U.S. state, as long as it completes a foreign qualification. Business owners and entrepreneurs use Delaware limited liability companies to do business all over the world. Whether you’re in California or India, operating a Delaware LLC is easy. However, if you’re doing business outside Delaware with your […]

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How to Structure an LLC: Member-Managed vs. Manager-Managed

By Matthew Dochnal May 18, 2023
small business owner packing boxes

When it comes to setting up a business, there are different company types to choose from. One of the most popular is the Limited Liability Company (LLC). An LLC is like a blend of a partnership and a corporation. It offers the owners, known as members, protection from personal liability, similar to a corporation, while […]

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Why Real Estate Investors Should Form a Delaware LLC.

By Matthew Dochnal May 4, 2023
real estate investing

Forming a Delaware Limited Liability Company(LLC) is a wise choice for real estate investors seeking asset protection and business growth. Real estate investing remains an attractive method for generating income, building wealth, and diversifying portfolios. As with any business venture, it’s essential for investors to carefully evaluate their businesses’ structures to maximize personal asset protection. […]

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Why Online Businesses Should Form Delaware LLCs

By Matthew Dochnal April 28, 2023
ecommerce business

The world of e-commerce and online businesses has grown exponentially in recent years, with digital nomads and internet entrepreneurs seizing opportunities to make a living online. One crucial decision these entrepreneurs face is selecting the right business structure. A Delaware Limited Liability Company (LLC) offers numerous benefits for online businesses. This article explores the benefits […]

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LLC Members and Managers: Who Owns an LLC?

By Matthew Dochnal April 25, 2023
two small business owners opening a cafe

Who owns and manages an LLC? If you’re thinking about setting up a Limited Liability Company (LLC), it’s helpful to understand the roles of LLC owners and how they’re involved in managing the business. LLCs offer the flexibility to create unique management structures, pick officer titles, distribute management responsibilities, and outline ownership interest. In this […]

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23 Reasons to Form an LLC in 2023

By Matthew Dochnal April 19, 2023
business owner opening a store front

Every year, there are new opportunities to grow your business. For many small business owners, now is the perfect time to consider forming a Limited Liability Company (LLC). The LLC has quickly become the most popular business structure for small business owners. According to the Delaware Division of Corporations, over 1.29 million LLCs are registered […]

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How To Manage LLC Capital Contributions and Distributions

By Matthew Dochnal April 11, 2023
making a capital contribution

  Once you get your business operations off the ground, you will need to consider some of the financial aspects of operating an LLC. This includes managing capital contributions and distributions in your newly formed company.  As a small business owner or aspiring entrepreneur, it’s essential to understand these processes to ensure your LLC’s success. […]

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Why Freelancers Should Form a Delaware LLC

By Matthew Dochnal February 16, 2023
freelancer working at a desk

In recent years, a growing number of people have turned to freelancing as a way to earn a living. Starting a freelancing business can be a great opportunity with many benefits, including flexibility and independence. One important decision that freelancers have to make is how to structure their business. More specifically, whether they should operate […]

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