Starting a Limited Liability Company (LLC) in Delaware follows a similar process to incorporating a business. Here’s a step-by-step guide on how to start a Delaware LLC:
HUBCO Incorporation Services Can Help You File Your Delaware LLC
Click Here to Start
- Choose a Name: Select a unique name for your LLC that complies with Delaware’s naming requirements. The name must include “Limited Liability Company” or an abbreviation like “LLC.” Ensure the name is not already in use by another business in Delaware.
- Appoint a Registered Agent: You must appoint a registered agent in Delaware who will receive legal documents and official correspondence on behalf of your LLC. The registered agent can be an individual resident of Delaware or a registered agent service.
- File Certificate of Formation: Prepare and file the Certificate of Formation with the Delaware Division of Corporations. This document includes basic information about your LLC, such as its name, registered agent, business purpose, and the names and addresses of the organizers (individuals forming the LLC).
- Pay Filing Fee: Along with the Certificate of Formation, you’ll need to pay the required filing fee. The fee varies depending on the type of LLC you’re forming.
- Draft Operating Agreement: Although not required by law, it’s highly recommended to create an Operating Agreement for your LLC. This document outlines the ownership structure, management, decision-making processes, and other important aspects of your LLC’s operations.
- Obtain EIN: Apply for an Employer Identification Number (EIN) from the IRS. This unique identifier is used for tax purposes and is necessary if your LLC has more than one member, if you plan to hire employees, or if you elect to be taxed as a corporation.
- File Annual Reports and Franchise Tax: After forming your LLC, you’ll need to file an annual report and pay franchise taxes to the State of Delaware. Failure to do so can result in penalties and, ultimately, dissolution of your LLC.
- Comply with Other Requirements: Depending on your business activities, you may need to obtain licenses or permits from the state or local government, register for state taxes, and comply with other regulatory requirements.
It’s advisable to consult with legal and tax professionals who can provide guidance tailored to your specific situation and ensure that you comply with all legal and regulatory requirements for starting and operating your Delaware LLC.
Notary Supplies
Notary Journal
Notary Seal
Notary Stamp
Hubco Blank Stock Certificates
CORPEX Blank Stock Certificates
Blumberg Blank Stock Certificates
GOES KG2 Blank Stock Certificates
Black Corporate Kit
LLC Corporate Kit
Non Profit Corporate Kit