4 Steps to Getting Your New Business Started
1. File Certificate of Corporation/Formation
2. Acquire Employer Identification Number
3. Open Bank Account
4. Sign in Name of Corporation/or LLC
The Formation Process
How Long Does the Formation Process Take?
After completing the Online Incorporation Form, you will typically receive your formation documents via Priority Mail Delivery within 4-6 days.
Can one person form a Corporation or an LLC?
Yes, one person (U.S. or foreign) can incorporate a Corporation in Delaware. One person (U.S. or foreign) can also form an LLC in Delaware.
Can a foreign person or Corporation form a Delaware Corporation or LLC?
Yes, a foreign person or Corporation can form and be the owner of a Delaware Corporation or LLC.
Can one person be an officer and director?
Yes, one person (U.S. or foreign) can be the President, Secretary, Treasurer and Sole Director of a Delaware Corporation, without disclosing the name or names in the Certificate of Incorporation. (Note: the Director or Directors are allowed to amend the bylaws of the Corporation).
One person (U.S. or foreign) can also be the owner and managing member of an LLC.
Formation Requirements
Do I need a business address in Delaware?
No, you do not need to have a business address or office in Delaware. The business address will be at the location where you conduct your business.
Do I have to maintain an office or bank account in Delaware?
No, an office or bank account does not have to be maintained in Delaware.
An annual fee of $90 is paid to Agents and Corporations, Inc. (Incnow) to serve as the statutory Registered Agent and to receive and forward copies of legal actions filed against the Corporation. Annual meetings can be held at any place and minutes can be signed by consent without a meeting. If you request it, we can also make referrals for mail-forwarding services and/or bank accounts.
Are there any minimum capital requirements?
No, Delaware does not have a minimum capital requirement to incorporate a Corporation or form an LLC.
For personal service, please feel free to call our Incorporation Specialists on our toll-free line (800) 759-2248 if you have any questions.
Or, for more information, please visit our website at http://www.incnow.com
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