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General Inquiries to Start Business in Delaware

 
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Category : > New Business Setup
Posted On : Tue Oct 24th,2017

 
Frequently asked questions about setting up and maintaining business in the state of Delaware
 

Entity name search Delaware

An entity name availability can be searched on the State of Delaware website online real time and there are no charges.

Why The State of Delaware is one of the favorite state to Incorporate a company?

  • Owners' information are not available for the public.
  • Delaware companies can be converted from one structure to another or vice versa.
  • Delaware companies can be domesticated from one state to another, regardless of the entity structure, such as corporations, limited liability companies and limited partnerships.
  • You cannot open a company in the state of Delaware other than your home state to avoid paying taxes.
  • State of Delaware is exempt from sales tax.

 

Do I have to live in Delaware to set up a company in Delaware?

No, but you must have a registered agent address and a PO Box address is not available.

What is the estimated time to register company in the state of Delaware?

State of Delaware generally process the application to register a company in 24-48 hours.

How to add an additional name under your existing company?

You can add as many names you want under your company as a doing business as and dba application will be filed with the county such as New Castle County, Kent County and Sussex County. Generally the dba name is not legally protected.

Amendment in existing company

You can file certificate of amendment to make any changes under the current company structure such as the name of the company, owners' names and registered agent information.

What is the annual maintenance cost of a Delaware Company?

Every company is registered in the state of Delaware is required to file a franchise tax report to keep the company in good standing otherwise it will be an admin or permanently dissolved.

  


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