Forming an LLC in Delaware
The Process
Delaware is known as one of the three incorporation-friendly states, the other two being Nevada and Wyoming. Delaware limited liability companies are formed by filing a Certificate of Formation with the Delaware Secretary of State. Whilst the entire filing process can take 4-6 weeks, Turner Little use expedited options available within the fee charged, cutting the processing time to just one business day.
Name Identifiers and Abbreviations
The name of a Delaware limited liability company must end with one of the following words or abbreviations:
• LLC
• L.L.C.
• Limited Liability Company
Operating Agreement
The Operating Agreement helps protect your company’s limited liability status and prevents your company from being run by the default rules created by the state. Unlike most other states, Delaware mandates all LLCs to have an Operating Agreement. This is included in our fee in the case of Delaware.
Additional Filings
Depending on the nature of your business, some additional filings could be necessary to complete the proper set-up of your LLC:
• EIN (tax ID)
• Sales tax registration
• Payroll registration & business licensing
