Sun Corporate Filings can help you form a Delaware corporation with the Delaware Secretary of State on an expedited basis. To form a corporation in Delaware or form a Delaware subchapter S corporation, you must file the Delaware Articles of Incorporation with the Delaware Secretary of State. Sun can incorporate your Delaware S corporation or register your C corporation in Delaware so you can spend your time focusing on your Delaware corporation's success.
We can form a Delaware general stock corporation or a Delaware Subchapter (Delaware S Corp.) corporation for you at a low cost. Let us make the Delaware incorporation process quick and painless for you by preparing and filing the Delaware Articles of Incorporation with the Delaware Secretary of State on your behalf.
We have two options:
1) To form a Delaware corporation entirely online, click here to see the costs and time turnaround options for Delaware corporations.
2) If you are an attorney, accountant, or an entrepreneur that would prefer to prepare the Articles of Incorporation and utilize our services to file the Articles of Incorporation with the Delaware Secretary of State on an expedite basis, click here for options and fees.
How do I form a Delaware Corporation?
There is no need to ask, "How do I form a Delaware Corporation?" because we know how to incorporate in Delaware form start to finish. First, we check corporate name availability with the Delaware Secretary of State. Second, we prepare the Delaware Articles of Incorporation. Third, before we form the Delaware corporation, we verify that the Articles of Incorporation are free of errors. Fourth, we file the Articles of Incorporation with the Delaware Secretary of State. Fifth, when the Delaware Secretary of State files the Delaware Articles of Incorporation, we will return the filed document to you. We make forming a corporation in Delaware simple and fast!
What are the advantages of forming a Delaware Corporation?
There are many advantages of forming a Delaware corporation. To begin with, there is the protection of the "corporate veil" that provides limited liability to the owners (shareholders). The shareholders are not personally liable for debts and obligations of the corporation. They can personally lose only to the extent of their investments in the Delaware corporation form purchasing stock. Since the Delaware corporation is an independent legal entity, the Delaware corporation has continuous existence. It does not cease to exist simply because one of the shareholders dies or retires. In addition, corporations are the most well known and widely recognized type of business entity. Corporations often have an easier time setting up insurance, retirement funds, profit-sharing, pension, and stock option plans than other business entities.
When you form a Delaware corporation, the owners (shareholders) are not personally liable for the debts and obligations of the Delaware corporation. Ownership in a Delaware corporation is more easily transferable than other business entities. Under most circumstances, shares of stock can be sold without restriction to a third party without having to obtain consent from the Delaware corporation itself. Another advantage of forming a Delaware corporation is that capital can be raised more easily than other forms of business entities through the sale of stock.
How do I obtain an EIN or Employer Identification number or Tax Payer ID number for my Delaware Corporation?
After we form a Delaware corporation on your behalf, we offer supporting services. We can obtain an employer identification number (an EIN) for your Delaware corporation. An EIN is required to open a bank account, hire employees, and to start business credit for your Delaware corporation. If you purchase our Delaware premium package, EIN obtainment is included for your Delaware corporation.
How do I form a Delaware S Corporation?
If you want to form a Delaware S corporation or Delaware sub chapter S corporation, we can prepare the form required to obtain S corporation status with the IRS. It is important to understand that your Delaware S corporation starts as a general stock corporation (C corporation). To obtain or to form a Delaware S corporation, you must file for subchapter S status with the Internal Revenue Service (IRS). Forming a Delaware S corporation simply means the corporation is taxed like a partnership or LLC with a pass through tax structure. Make sure to check with your accountant or the IRS for limitations or read about Delaware C corporations below. By obtaining S corporation status in Delaware, it eliminates double taxation and the corporation generally does not file a tax return. On their tax return, the Delaware S corporation's shareholders include their share of the Delaware Corporation's separately stated items of income, deduction, loss, and credit, and their share of non-separately stated income or loss.
What are the advantages of a C Corporation in Delaware?
Generally most people form Delaware C corporations that plan on publicly trading the corporation's stock. Since Delaware S corporations cannot have more than 75 shareholders, choosing to maintain a Delaware C corporation allows for 76 shareholders or more. A Delaware C corporation can have multiple classes of stock such as preferred and common shares. A Delaware C corporation will be double taxed since both the corporate entity and the individual owners have to file tax returns. For this reason alone, many will find Delaware S corporations desirable. However, a Delaware S corporation can only be owned by individuals that are U.S. citizens or registered aliens, issue only one type of stock, and are limited to no more than 75 shareholders.
To form a Delaware corporation online, click here to see the costs and time turnaround options for Delaware corporations.
How do I obtain or prepare corporate bylaws for my Delaware Corporation?
Often times, you can hire an attorney or paralegal to prepare the corporate bylaws for your Delaware corporation but that could be very costly. If you purchase our premium package, Sun will prepare the initial bylaws (standard language) for your Delaware corporation and include meeting minutes (MS Word format) that you can prepare as needed.
What are the corporate bylaws and why are they so important for my Delaware corporation?
The corporate bylaws serve as a blueprint for your Delaware corporation The bylaws contain the rights, privileges, and powers of the officers, directors, and shareholders. Most Delaware bylaws contain the number of directors and their names. Delaware bylaws also contain the names of the officers for the titles: President, Vice-President, Secretary, and Treasurer/Chief Financial Officer (CFO). The bylaws normally outline how the bylaws can be amended or changed at a future date.
Another important part of Delaware corporation bylaws is to create "rules" on how the Delaware corporation can open a bank account, take out loans, write checks, enter into contracts, obtain business credit, and issue stock certificates to its shareholders. Most Delaware bylaws will reference a list of shareholders in alphabetical order that includes Delaware shareholder's names, addresses, titles held with the Delaware corporation, and the amount of shares the shareholder owns in the Delaware corporation.
What is a Delaware corporate seal?
After the Delaware corporation prepares its bylaws or has Sun prepare the bylaws, the Delaware corporation will need a corporate seal. What is a Delaware corporate seal? A corporate seal is a handheld device that imprints paper with the corporation's name, state of formation, and date the Delaware corporation was formed. Many banks and other lending institutes require Delaware corporations to possess and use a corporation seal on business documents or loan papers. All Delaware corporation kits that Sun sells contain a handheld corporate seal embosser.
What is a Delaware corporation kit?
The Delaware corporate kit is typically a hardbound binder that contains all of the Delaware corporation's important documents such as the Delaware Articles of Incorporation and bylaws. All the Delaware corporation kits that Sun sells include having the Delaware corporation's name hot stamped (professional imprint of the Delaware corporation's name) on the spine. Most Delaware corporation kits come with a slipcase to keep the binder safe. Some corporate kits are made with a slipcase built in. The choice is yours.
Another important part of a Delaware corporate kit is stock certificates. All of the Delaware corporate kits that Sun sells contain 20 custom stock certificates that include the Delaware corporation's name, the amount of shares, the par value the corporation is authorized to issue, and
the title of President and Secretary below the signature lines. If you have already formed your Delaware corporation, you can order a Delaware corporate kit by clicking here. We have a selection of high quality kits that come in array of styles and colors. Best of all, standard shipping is always free.
Now that you have formed your Delaware corporation, obtained your EIN from the IRS, decided upon whether to elect S corporation status or remain a C corporation, prepared the Delaware bylaws, issued shares of stock, and used your seal embosser, it is time to verify which local city and/or county tax licenses your business will need. The best place to start is your city hall or county recorder's office. Take the time to verify your areas business licensing requirements. For those of you who plan to run your Delaware corporation out of your home, check with your city or county to find out if a work at home permit is required. Once your licensing requirements are met, it is time to start operating your Delaware corporation.
To form a Delaware corporation online, click here to see the costs and time turnaround options for Delaware corporations.
We wish you the best with your Delaware corporation business venture! Questions? 888 595-2747