How Do You Form A Limited Liability Company In Delaware?
A limited liability company (LLC) is a business entity that provides business owners relief from personal liability of debt, just like a corporation. For tax purposes, however, the LLC can be treated as one of a variety of models, from a sole proprietorship to a partnership to a corporation, depending primarily on the number of members in the company. Delaware’s tax and privacy protection for LLCs is vast, and the state is home to many businesses that do not operate in Delaware. Conduct a search to determine if your desired name is already taken. Some private LLC-forming companies include this search in their overall fee. Visit the state of Delaware’s Web site and look under the Division of Corporations to download a state LLC form, called the certificate of formation (see Resources below). Complete the form, which essentially just requires your LLC’s name and address. Follow the directions on the cover letter that comes with the certificate of formation form, including paying the init
