Should I register my startup as an LLC?

Corporation vs LLC for Startups. The general consensus is that start-ups seeking venture capital should incorporate as C-Corporations, not LLCs. An LLC is generally easier to set up and easier to maintain because fewer formalities are required (with the caveat that more customization entails more work).

Can I register my LLC in Delaware?

Forming an LLC in Delaware Is easy. To form an LLC in Delaware you will need to file a Certificate of Formation with the Delaware Department of State, which costs $90. You can apply by mail or in person. The Certificate of Formation is the legal document that officially creates your Delaware limited liability company.

How much does it cost to register an LLC in Delaware?

This being said, at a minimum, it will cost you $140 to start an LLC in Delaware — $90 fee to file your articles of organization, plus $50, the lowest fee for a state business license.

How do you set up a LLC in Delaware?

Obtain a Certificate of Formation of a Limited Liability Company from the Delaware Division of Corporations website or local office. The certificate is your official application to set up a LLC in the state. It will require the name of your LLC, registered office address and date of dissolution, if applicable.

How much does it cost to start a LLC?

The main cost when forming an LLC is typically the fee of filing your Articles of Organization with the State. This fee ranges between $40 and $500, depending on your state.

How do you obtain a business license in Delaware?

Get One or More Business Licenses. Every Delaware business (and every non-Delaware business operating in the state) is required to get an annual state business license. The license is issued by the Division of Revenue. You can register for the license online at the One Stop Business Licensing and Registration Service.

Why should I form a LLC?

Why You Should Form an LLC. In many ways similar to an LLC, a corporation is owned by the investors (called shareholders or stockholders ), who provide the funds, assets, or services used to operate the business. The shareholders elect a board of directors, who are primarily responsible for major business decisions.