Start a Business in Delaware - Delaware Secretary of State

Time 2020-07-08 12:04:27

Web Name: Start a Business in Delaware - Delaware Secretary of State

WebSite: http://www.delawaresecretaryofstate.com

ID:22470

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Start a Business in Delaware The State of Delaware is a leading domicile for U.S. and international business entities. Businesses choose Delaware not for one single reason, but because we provide a complete package of business entity services. We hope that this step by step process will assist you in forming your new business entity with the Delaware Division of Corporations.CHOOSE YOUR BUSINESS ENTITY TYPEThe Delaware Division of Corporations does not provide legal advice. When choosing a business entity type, we recommend that you contact an Attorney or Certified Public Accountant familiar with Delaware law to obtain advice on the business entity type that will best fit your needs. Corporations, Public Benefit Corporations effective August 1, 2013, Limited Liability Companies (LLC), Limited Partnerships (LP), Statutory Trusts and many General Partnerships (GP) are required to file with the Delaware Division of Corporations. Sole proprietorships do not file with the Delaware Division of Corporations. Unincorporated nonprofit associations and partnerships have the option of making certain filings with the Delaware Division of Corporations.For a basic overview of entity choices and the business registration process in Delaware please see the Delaware Division of Revenue’s Legal Business Structure Table and its Registration Process Flow Chart. If you are planning to conduct business in Delaware or hire employees in Delaware, you may also wish to visit the State’s One Stop Business Registration and Licensing System and the Delaware Economic Development Office.OBTAIN A REGISTERED AGENTDelaware law requires that every business entity have and maintain a Registered Agent in the State of Delaware who may be either an individual resident or business entity that is authorized to do business in the State of Delaware. The registered agent must have a physical street address in Delaware. You may view a list of Delaware Registered Agents on our web site. If the business is physically located in Delaware, then the business may act as its own registered agent. If the registered agent is other than the entity itself, please contact the selected Registered Agent used in your entity formation and inform them of your intentions.NAME RESERVATIONThe Delaware Division of Corporations allows for the reservation of an entity name. This is not a requirement in order to form your entity but will guarantee that your name is held for you for a period of 120 days. You can reserve your entity name online at our web site at https://icis.corp.delaware.gov/Ecorp/EntitySearch/NameSearch.aspx. The fee is $75.00. You may charge a Visa, Master Card, American Express or Discover card. Please print your confirmation page if you reserve your name online. You may also submit your reservation application in writing. The forms are available at https://corp.delaware.gov/nameres.shtml You may fax or mail in your request to our office. CERTIFICATE OF INCORPORATION/FORMATION FORMSSample forms with instructions and fees are available on our web site. at https://corp.delaware.gov/newentit09.shtml. The entity forms are PDF fillable and can be mailed or faxed to our office. A cover sheet with your name or entity name, return address and phone number is required. You may download a PDF fillable cover sheet on our web site. at https://corp.delaware.gov/cvrmemo.shtml. You may also contact our office at 302-739-3073 with any questions or help needed in order to complete your forms.SUBMITTING YOUR COMPLETED CERTIFICATE FOR FILINGYou may either mail or fax in your completed request to our office. The fax number is 302-739-3812. The mailing address is Division of Corporations -John G. Townsend Building – 401 Federal Street – Suite 4 – Dover, DE 19901. All filing fees must be paid upon submission of your request. All requests are returned regular First Class mail unless a Federal Express or UPS account number is provided to our office.CERTIFIED COPIES AND CERTIFICATE OF STATUS/GOOD STANDINGSome Financial Institutions will require a good standing certificate or a certified copy of your new entity filing. Please check with your Financial Institution to determine whether additional information is required to establish a business account with them.You may order a Certificate of Status or Certificate of Good Standing at the time of filing your new entity by indicating this request in the comment section of the Document Filing Sheet.The fee is $50.00 per certificate for a Short Form Certificate of Status (states name and status of entity) or $175.00 for a Long Form Certificate of Status (states status and all documents ever filed on entity). If you are requesting Expedited Services for your new entity filing then there will be an additional Expedited Fee for your Status requests.ANNUAL TAXESCorporate Annual Report and Franchise Tax PaymentsAll corporations incorporated in the State of Delaware are required to file an Annual Report and to pay a franchise tax.  Exempt domestic corporations do not pay a tax but must file an Annual Report.  The Annual Report filing fee for all other domestic corporations is $50.00 plus taxes due upon filing of the Annual Report.  Taxes and Annual Reports are to be received no later than March 1st of each year.  The minimum tax is $175.00 with a maximum tax of $180,000.00.  Taxpayers owing $5,000.00 or more pay estimated taxes in quarterly installments with 40% due June 1, 20% due by September 1, 20% due by December 1, and the remainder due March 1. The penalty for not filing a completed Annual Report on or before March 1st is $125. Interest at 1.5% per month is applied to any unpaid tax balance.Notification of Annual Report and Franchise Taxes due are sent to all Delaware Registered Agents in December of each year. Delaware has mandated electronic filing of domestic corporations Annual Reports.LP/LLC/GPAlthough Limited Partnerships, Limited Liability Companies and General Partnerships formed in the State of Delaware do not file an annual report, they are required to pay an annual tax of $300.00. Taxes for these entities are to be received no later than June 1st of each year.Hubco Blank Stock CertificatesCORPEX Blank Stock CertificatesBlumberg Blank Stock CertificatesGOES KG2 Blank Stock CertificatesA Stock Certificate is a printed document which states the name, incorporation state, and date of incorporation, the registered number of the certificate, the number of shares of stock in a corporation the certificate represents, the name of the shareholder, the date of issuance, and the number of shares authorized in the particular issue of stock, signed by the President and Secretary of the corporation. On the reverse side of the certificate is a form for transfer of the stock certificate to another person. After transfer the new owner should register the change of ownership with the corporation.In corporate law, a stock certificate is a legal document that certifies ownership of a specific number of stock shares in a corporation. In large corporations, buying shares does not always lead to a stock certificate.Black Corporate Kit Burgundy Corporate KitGreen Corporate KitOur corporate kit can be customized to meet almost any specific requirements or may be ordered in the standard version and shipped immediately. We serve individuals who require Corporate Kits for either a small or a large companies. HUBCO supplies retailers who make their corporate kit purchases in bulk, directly from the manufacturer.In addition to our incorporation kits we also provide the rubber stamps, ink pads, corporate seals and stock certificates for your corporation or LLC. DISCLAIMER DelawareSecretaryOfState.com is in no way affiliated with the secretary of states Office in Delaware.if you would like to visit the official site, click hereINFORMATION HEREIN IS NOT LEGAL ADVICE. The opinions expressed in this web site represent only the opinions of the author(s) and are in no way intended as legal advice upon which you should rely. Every person's situation is different and requires an attorney to review the situation personally with you.NO ATTORNEY-CLIENT RELATIONSHIP CREATED. This web site does not create an attorney-client relationship. Do no rely on any information on this site as it may be outdated or inaccurate.NOTICE: The information on this website was obtained from sources believed to be accurate, but is provided free as a public service and with the understanding that the publisher is not engaged in rendering legal, accounting or other professional services. If legal advice or other expert assistance is required, the user of this site should seek out the services of a competent, duly licensed professional.

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