Welcome to our Delaware LLC FAQ page, where we tackle the most common questions about forming a Limited Liability Company in the First State.
Whether you’re curious about registration fees, naming requirements, or the role of a Registered Agent, our FAQ aims to provide you with concise and accurate information to streamline your LLC formation process in Delaware.
Delaware Business Formation
How Much Does It Cost to Form an LLC in Delaware?
The filing fee for the Certificate of Formation in Delaware is $90. This is a one-time, non-refundable fee. There may also be additional fees for services like expedited processing or filing amendments. You can pay this fee online or via mail.
Do I Need a Registered Agent to Form an LLC in Delaware?
Yes, appointing a Registered Agent is a mandatory requirement for forming an LLC in Delaware. The agent must have a physical address in Delaware and be available during regular business hours to receive legal and tax documents on behalf of the LLC.
For more information on Registered Agents, check out the Registered Agent section on the Delaware Division of Corporations website.
How Do I Conduct a Business Name Search in Delaware?
To conduct a business name search in Delaware, you can use the Delaware Division of Corporations' online search tool. This will help you check the availability of a business name and avoid any conflicts with existing businesses. Just enter the desired name in the search bar and review the results for any matches.
For more information and to start your search, visit the Delaware Division of Corporations' Name Availability Search page.
What Are the Rules for Naming My Delaware LLC?
Naming rules in Delaware require that your LLC name must be unique and not misleadingly similar to existing entities. Your LLC name must also end with “Limited Liability Company” or an abbreviation like “LLC” or “L.L.C.”
For a complete guide to naming rules, refer to the Name Reservation Guidelines on the Delaware Division of Corporations website.
Can I Reserve a Business Name in Delaware?
If you want to reserve a business name, Delaware recommends contacting an online registered agent.
We recommend Northwest Registered Agent, Bizee, or ZenBusiness.
What is a Delaware Registered Agent?
A Delaware Registered Agent is a person or authorized entity responsible for receiving legal documents, including service of process, on behalf of your Delaware LLC. Having a registered agent is a requirement for forming an LLC in Delaware.
How Do I Choose a Registered Agent in Delaware?
When choosing a registered agent, you have two main options: appoint an individual, such as yourself, or hire a professional registered agent service. The agent must have a physical address in Delaware where they can receive documents during business hours.
Can I Change My Delaware Registered Agent?
Yes, you can change your Delaware Registered Agent after your LLC has been formed. To do so, you'll need to file a Change of Agent form with the Delaware Division of Corporations and pay a filing fee. The form can typically be filed online or by mail.
What are the Benefits of Incorporating in Delaware?
Incorporating in Delaware offers numerous advantages such as favorable tax treatment, enhanced asset protection, and a business-friendly legal system. Delaware is renowned for its Court of Chancery, which specializes in corporate disputes. Many investors and venture capitalists prefer investing in Delaware-incorporated companies due to the state's sophisticated legal precedents in corporate law.
What are the Steps to Incorporate in Delaware?
To incorporate in Delaware, you will need to:
- Choose a unique business name that complies with Delaware naming requirements.
- Appoint a Delaware registered agent.
- File the Certificate of Incorporation with the Delaware Division of Corporations.
- Pay the appropriate filing fees.
- Create bylaws for your corporation.
- Issue stock to the initial shareholders..
Do I Need to be a Resident of Delaware to Incorporate There?
No, you do not need to be a resident of Delaware to incorporate your business there. However, you will need to appoint a Delaware registered agent who does have a physical address in the state to receive legal documents and service of process on behalf of your corporation.