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Speak with an Incorporation Specialist (Hablamose Espanol)

302.652.4800

Phone Number : 302.652.4800

Learning Center

CorpCo's Learning Center is to help you find the Answers to the Questions you might have.

General Information
Business Entity Types
My Account

General Information

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Information Covered:

  • Incorporation FAQs
  • Why Delaware?
  • Registered Agent
  • Glossary
  • Service of Process
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Follow the link below to obtain the answers to frequently asked questions regarding LLCs and to find more information specific to the state in which you'd like to form your LLC.

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Business Entity Types

A corporate business entity is a body established by law and existing separate and distinct from the individuals whose contributions of initiative, property, and continuing control make it possible for it to function.

CorpCo can help form the business entity type which you have chosen to best suit your purpose. Types of business entities typically requested by our clients include a C-Corp, an S-Corp, an LLC, a Non-Profit (Not for Profit) corporation. Prior to selecting a business type CorpCo urges its clients to fully familiarize themselves with the various types of businesses and suggests obtaining appropriate advice from an accountant or lawyer in order to determine the most advantageous business entity which may be appropriate for your specific needs.

Types of Businesses:

  • LLC
  • C-Corp
  • S-Corp
  • Non-Profit / Non-for-Profit
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Follow the link below to gain more insight regarding the business entity types and which one is best for you.

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My Account

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CORP CO'S ENTIY MANAGEMENT SYSTEM ALLOWS FOR EASY:

  • Account Management
  • Account Renewal
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CorpCo has compiled frequently asked questions relating to account management and annual renewals.

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Incorporation FAQS
Why Delaware?
Registered Agent
Glossary
Service of Process
  • Why do I need a registered agent?

    Each Secretary of State's office requires that a Registered Agent be named when incorporation documents or foreign corporation registration documents are filed.

    The Registered Agent must be someone located at a physical address in the state of incorporation or registration (P.O. Boxes and/or Mail Boxes, etc. addresses are NOT acceptable).

    The registered agent acts as the official point of contact for the Secretary of State's office and accepts all official mail (Service of Process, Annual State reports, other State Mail, Certified Mail, etc.)

    CorpCo can act as your registered agent in any state . It is extremely important to keep your registered agent informed of any changes to your mailing address or telephone number, to ensure that you can be reached when CorpCo receives official mail or service on your behalf. Appoint CorpCo as your registered agent.

  • What are the benefits of incorporating my business?

    The most common reason someone chooses to incorporate is for personal liability protection. In addition, the benefits of incorporating your business may include: increasing your tax savings, raising capital, the perpetual existence of the corporate structure, and tax-free dividends. Corporations can also simplify estate and family planning.

    Note: CorpCo recommends that you check with your attorney or accountant to verify which corporate and/or tax structure is right for you, and to make certain that you are taking advantage of all of the benefits of incorporating your business. Incorporate now.

  • How do I choose a "corporate ending" for my company name?

    Your corporation's name must have an approved corporate ending in order to be approved by the Secretary of State office. In most States your corporation's name must include an ending such as: Incorporated, Company, Corporation or Limited. Or, one of the following abbreviations: Co., Corp., Inc. or Ltd. The State of Delaware allows the following corporate endings: Company, Corporation, Club, Association, Incorporated, Fund, Foundation, Institute, Society, Syndicate or Limited, or their appropriate abbreviations. Limited Liability companies most often use "Limited Liability Company", or LLC or L.L.C. as their corporate endings

    Note: There may be restrictions on using company names that include the words, Bank, Trust, University or College.

  • What does "par value" and "no par value" mean?

    Par value refers to the minimum selling price assigned to the stock. It is NOT necessarily the selling price, however. A par value of $1.00 means that the shares cannot be sold for less than $1.00, but they can be sold for MORE than $1.00. $1.00 is simply the MINIMUM selling price. "No par value" means that there is no minimum selling price assigned to the stock, and it can be sold for whatever someone is willing to pay for it.

    Note: Limited Liability Companies do not authorize/issue stock. Therefore, these terms do not apply.

  • How many shares of stock should I authorize?

    Each state has different guidelines for authorizing stock in your corporation. For Delaware corporations we recommend that you have 1,500 shares of common stock, or less, authorized. This will guarantee you the lowest fees at the time of incorporation and annually. The Delaware Annual Franchise Tax is based on the number of shares authorized, and having 1,500 shares or less authorized, will guarantee that you pay the minimum annual Franchise Tax of $75. For information about other States' guidelines for stock authorization, please contact our office!

    Note: Limited Liability Companies do not authorize/issue stock. Therefore, this information does not apply.

  • If I incorporate in Delaware, can I conduct business in other states?

    Yes. You can always conduct business in other states regardless of the State you choose to incorporate in. Most states will require a corporation to register there as a foreign corporation if they are not incorporated there directly and are conducting business there. We recommend you contact the Secretary of State's office in the State(s) you are conducting business in to see if this registration will be necessary. Each state has different rules and requirements, regarding this, and you must contact each state office separately for this information.

    If you do need to register your existing corporation to do business in another state(s), CorpCo can assist you with this filing as well!

  • How long will it take for my corporation/LLC to be formed?

    Delaware corporations are normally formed within 1-2 business days. You may expect to receive your filed incorporation documents within five to seven (5-7) business days. The turn-around time for corporations or LLCs which are formed in States other than Delaware is slightly longer. You will generally receive your filed documents within two to three (2-3) weeks, when filing in a state other than Delaware. If you need your documents back quicker, you can choose EXPRESS service for an additional $100 (+ state expediting fees, if any). EXPRESS service normally cuts the incorporation processing time in half.

  • I am ready to incorporate... now what?

    If you are ready to incorporate CLICK HERE and begin the process, by filing out our online, secure Incorporation Order Form.. CorpCo will then prepare and process your corporate documents with the State office on your behalf, based on the information in your application.. Once filed, your corporate documents will be sent to you for your records.

  • When is my registered agent fee due each year?

    Delaware registered agent service is billed in January each year, when the Delaware annual franchise tax reports are sent out. Non-Delaware registered agent service is usually billed on the anniversary date of your corporations' filing with the Secretary of State, and normally corresponds with the State's annual report filing. Renew your registered agent services now by logging in.

  • If I incorporate in Delaware will I need a bank account or office address there?

    No. Your corporation or LLC does not need to maintain a bank account, or office in Delaware, as long as your corporation or LLC is represented by a registered agent. CorpCo can act as your Delaware registered agent for $119.00 per year.

WHY DELAWARE? ... A Delaware corporation is instantly recognized around the globe as a stable, reputable member of the "incorporation capital of the world".

Delaware is widely recognized by the business world as the preferred State of incorporation, and is the corporate home of approximately 40% of all corporations listed on the New York Stock Exchange and the American Stock Exchange.

Over 50% of the Fortune 500 industrial firms have incorporated in Delaware, and international companies who do business in the United States, as well as worldwide, most often choose Delaware to incorporate!

The Top 11 Reasons:

  • Delaware is one of the least costly States in which to incorporate.Delaware’s annual maintenance fees are also very low compared to other states.
     
  • There is no minimum capital requirement. While other States may require at least $1,000.00 in capital, a Delaware corporation or LLC requires no initial investment.
     
  • Delaware permits one person to hold the offices of President, Treasurer and Secretary, and be the sole Director.
     
  • There is no corporate income tax for corporations formed in Delaware, but which do not transact business in Delaware. Delaware has no sales tax, and shares of stock owned by an individual outside of the State are not subject to any Delaware taxes. The Delaware annual Franchise Tax remains consistently among the lowest in the nation.
     
  • Delaware is the only State which maintains a special court system dedicated to address the concerns of the corporate/business community. The Delaware Court of Chancery is a “pro-business” court system that employs a Judge rather than a jury, for determination in cases. This Court is internationally recognized for its long established body of case law, predictability, and expertise in rendering sound decisions.
     
  • With a Delaware corporation, you do not need to be located in, or ever even visit Delaware You must have a registered agent address in the State of Delaware, which is the legal requirement for service of process. CorpCo supplies this service to you, allowing your corporate headquarters and records of your Delaware corporation to be located anywhere in the world, so long as you maintain your Delaware registered agent.
     
  • Delaware corporations can provide special protection for directors to shelter their directors from personal liability in connection with good faith actions of board members. CorpCo will always insert the “Limited Director Liability” clause in your Delaware incorporation documents, when you incorporate through us!
     
  • Delaware allows the “general purpose clause” to be used, which allows a corporation to conduct any lawful business, rather than being restricted to a certain type of business.
     
  • You can choose to incorporate in Delaware and conduct business in any other state(s). You may be required to formally “qualify to do business” as a "Foreign Corporation" in other U.S. States, and if required, CorpCo can assist you with these filings, as well.
     
  • The Delaware Corporation Department has significant incentives to keep its laws and fees favorable. Delaware is the friendliest State to corporations. You may visit the State of Delaware, Division of Corporations website for more information at www.state.de.us/corp.
     

Registered Agent Overview

Often, it may come as a surprise to business owners that they are required to maintain a registered agent and address in the states where their company is formed and registered. This requirement by the state is to ensure that there is a record of an address where important notices can be sent or contact can be made.

The registered agent is responsible for receiving important legal and tax documents on behalf of incorporated companies that they represent. Typical documents received at the registered agent address may include the following:

  • Service of Process—Civil complaint or other legal document (subpoena, notice of hearing, etc.)
  • Important state mail, such as annual reports or statements
  • Tax documents sent by the state’s department of taxation

The registered agent must have a physical address (not a post office box) in the state of incorporation or registration (qualification) and must be available at that address during normal business hours.

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Registered Agent FAQs

  • Is a corporation required to have a registered agent?

    Yes. State laws require all corporations to maintain a registered address with the Secretary of State in each state where they do business. The person or company located at that address, known as the Registered Agent, must remain available during all business hours. A Registered Agent receives and forwards important legal documents and state correspondence on behalf of the business.  In some states the registered agent must also sign the incorporation papers before they can be filed with the Secretary of State.

  • How can I appoint CorpCo as my registered agent?

    There are several different ways that CorpCo may be appointed for a company.

    • Incorporate a new business with CorpCo’s assistance.
    • Incorporate a new business yourself and appoint CorpCo as the registered agent
    • Make changes to an existing business by filing a change of registered agent document with the state of incorporation or registration.

  • Why would I appoint CorpCo as my registered agent?

    • You require an address that meets all legal requirements. The registered agent for a business must be physically located in the state of incorporation and be available during normal business hours to accept important documents as they are delivered. If you are incorporating in a state where you do not have a physical address, and/or you are often out of the office, or work irregular business hours, you will be unable to act as your own registered agent. 
    • Peace of mind. States impose ongoing requirements, such as annual report filings and franchise tax payments, on the businesses incorporated there. Business compliance matters are not likely to be your area of expertise, but they are ours.. As your registered agent CorpCo will help you stay in compliance with state requirements for your corporation/LLC, avoid unnecessary state penalty fees and maintain your company's good standing in your state of incorporation and/or qualification.
    • Privacy is important to you. The registered agent is part of the public record and easily found when searching business records.  Many business owners do not want their names easily accessible.  In addition, in the event that a corporation receives Service of Process, it may be delivered by local law enforcement. Having police officers present at your place of business and in front of customers, is not desirable and using CorpCo as your registered agent avoids this potential embarrassment

Incorporate glossary of terms

To view a definition, click a letter to open the respective section.

A

Agent for service of process: An agent, required to be appointed by a corporation, whose duties are limited to receiving service of process issued against the corporation. Also known as a Registered Agent or a Resident Agent.

Amended certificate of authority: The document used to change information previously filed on the Certificate of Authority or Foreign Corporation paperwork with the Secretary of State's office. This is most commonly used for changing the corporation name or the number of shares of stock authorized.

Annual meeting:: A yearly meeting of shareholders at which directors/officers are elected and any other general business of the corporation is reviewed / conducted.

Annual report: A required annual filing in a state, usually listing directors, officers and the past years financial information. Can also refer to an annual report of business activity over the past year to be given by a corporation to its shareholders.

Application for certificate of authority: The registration a corporation makes to conduct business in state(s) other than the state it is incorporated in. Also called "foreign corporation" filing.

Articles of incorporation: The articles of incorporation are what make up the Certificate of Incorporation. Article one is normally the name of the company, etc. Also known as the corporate charter.

Articles of organization: The title of the document filed in many states to register a limited liability company (LLC) with the state. Also known as articles or certificate of formation.

Assumed name: An alternate name, other than the legal name, under which a corporation or other business organization conducts business. May also be referred to as a fictitious name, a trade name or dba ("doing business as").

Authorized shares: The number of shares, in total, that a corporation is able to issue, as indicated in the Certificate of Incorporation.

B

Board of directors: The governing body of a corporation who is elected by shareholders. The directors are responsible for making the decisions for the corporation, selecting the officers and handling supervision and general control of the corporation.

Bylaws: The basic rules and regulations for the conduct of the corporation's business and affairs. May be subject to statutory law and the articles of incorporation.

C

Certificate of good standing: A certificate issued by the state office a company is incorporated in, which confirms that the company is in good standing with their office and all franchise taxes and fees are paid to date. The date of incorporation and date last franchise taxes were paid may also be shown. Also known as a certificate of existence or certificate of authorization.

Certificate of incorporation: The title of the document filed in many states to create a corporation. Also referred to as the articles of incorporation or corporate charter.

Close corporation: A more restrictive form of corporation. Close corporations are normally limited in the number of share holders, and have first right of refusal with regard to the sale of stock. Exact specifications vary by jurisdiction. Not all state statutes provide for a close corporation provision.

Common shares: A general class of shares most commonly used for small or general corporations.

Corporate kit: Binder that contains basic record keeping material for the corporation. Normally includes hand press corporate seal, minutes and bylaws, stock certificates (or membership certificates) and ledger for recording sales of stock/membership certificates.

Corporate seal: A hand press metal seal which creates a raised imprint on paper. The seal is sometimes required by the bank when opening a corporate account, and is often affixed to the signature of an officer of the corporation, when signing legal documents, contracts, etc.

Corporation: An artificial entity created under and governed by the laws of the state of incorporation.

Corporation law: The statutory provisions of a state relating to domestic and foreign corporations.

D

Directors: The individuals who, acting as a group known as the board of directors, manage the business and affairs of a corporation. Directors normally make the decisions for the corporation, and officers carry out the duties of the corporation.

F

Fictitious name: A name other than the true name, under which a corporation or other business organization conducts business. Also referred to as an assumed name, a trade name or "doing business as" (d/b/a).

Foreign corporation: A term applied to a corporation doing business in a state other than its state of incorporation. Formal registration is normally required by each state the corporation does business in, outside of the state of incorporation.

Franchise tax: An annual fee usually levied annually upon a corporation, limited liability company or similar business entity for the right to exist or do business in a particular state. Failure to pay the franchise tax or similar fees by a required deadline may result in the administration dissolution of the company and forfeiture of the charter. This term refers to an annual fee, NOT that the corporation itself is a franchise.

G

Going public: The process of selling stock to the public and/or offering stock on the NYSE.

I

Incorporation: The filing of documents with the Secretary of State's office to create a new business entity.

Incorporator: The person(s) who prepares the certificate of incorporation for filing with the State office. The duties of the incorporator are normally limited to the filing of the document, and end, as soon as the filing is made.

L

Limited Liability Company (LLC): A type of corporate filing providing similar benefits to and Incorporation. Limited liability companies are generally able to provide the limited personal liability of corporations and the pass-through taxation of partnerships or S corporations.

Limited partnership: A statutory form of partnership consisting of one or more general partners who manage the business and are liable for its debts, and one or more limited partners who invest in the business and have limited personal liability.

Limited personal liability: The protection generally afforded a corporate shareholder, limited partner or a member of a limited liability company from the debts of and claims against the company.

M

Majority: More than 50 percent; commonly used as the percentage of votes required to approve decisions for the corporation.

Management: The board of directors and executive officers of a corporation, limited liability company or similar business entity.

Managers: The individuals who are responsible for the maintenance, administration and management of the affairs of a limited liability company (LLC). In most states, the managers serve a particular term and report to and serve at the discretion of the members. Specific duties of the managers may be detailed in the articles of organization or the operating agreement of the LLC. In some states, the members of an LLC may also serve as the managers.

Members: The owner(s) of a limited liability company (LLC). Unless the articles of organization or operating agreement provide otherwise, management of an LLC is vested in the members in proportion to their ownership interest in the company.

Membership certificates: Similar to stock certificates, they act as evidence of ownership of and membership in a limited liability company or non-stock/non-profit corporation.

Minutes: The corporate minutes are the written record of transactions taken or authorized by the board of directors or shareholders. These are usually kept in the corporate minute book in diary fashion.

N

Name registration: The corporate minutes are the "official" written record of transactions taken or authorized by the board of directors or shareholders. These are normally kept in the corporate minute book.

Name reservation: Most states allow a name to be checked for availability prior to the filing of incorporation or foreign corporation paperwork, and if it is available, reserve it for a certain period of time for a small fee. Name reservations are normally given for 30-90 days, depending on the state.

No par value shares: Shares which do not have a minimum selling price (or par value) assigned. The shares may be sold for any amount that someone is willing to pay for them.

Not-for-profit corporation: A not-for-profit corporation (also knows as a non-profit corporation) is generally organized for some socially beneficial purpose, rather than for the direct monetary benefit of the directors or members. Not all not-for-profit corporations are tax exempt and some make a profit. (See Tax Exempt Organization)

O

Officers: Individuals appointed by the board of directors who are responsible for carrying out the duties of the corporation.

Operating Agreement: A contract among the members of a limited liability company governing the membership, management, operation and distribution of income of the company.

Organizational meetings: The initial meeting(s) of incorporators or initial directors that are held after the filing of the articles of incorporation to complete the organization of the corporation.

Organizer: The person(s) who perform the act of preparing and filing the paperwork which forms a limited liability company. The duties of the Organizer normally end, after the paperwork is filed with the state office.

P

Parent corporation: A corporation that owns the majority of the shares or "interest" in another corporation.

Par value: The minimum selling price assigned to a share of stock. The share of stock may be sold for MORE than the par value, but NOT less than the par value.

Q

Qualification: The registration of a corporation or LLC in to a State that they are not already incorporated in. Normally when a company is conducting business in a state OTHER than the State(s) they incorporated in, a qualification registration is required. This means that the corporation or LLC will then be "qualified" to conduct business in this particular state, even though they did not incorporate there.

R

Registered Agent: The Registered Agent is the person named in the Certificate of Incorporation/Formation who is the official contact for the corporation. The Registered Agent is responsible for receiving Service of Process and other official mail on behalf of the corporation/LLC and is the Corporation's point of contact for the Secretary of State's office.

Registered Office: The "official address" of the corporation. In states requiring the appointment of a Registered Agent, it is usually the address of the Registered Agent. The registered office address is included in the Certificate of Incorporation/Formation and is part of the public record.

S

S Corporation: An alternative way for a corporation to be taxed. All corporations are initially filed as "C" corporations, and are subject to double taxation (corporate and personal level taxes). Choosing to file for "S" status (filing the 2553 form with the IRS) allows a corporation to avoid the double taxation. "S" corporations are subject to ownership restrictions and some corporations may not be eligible to file for "S status.

Shareholders: Shareholders are individuals or entities that have paid for or been given shares of a corporation. They are considered the owners of the corporation based on the percentage of shares they own. Also known as stockholders.

Sole proprietorship: A sole person owning a business that is not incorporated. The owner may be personally liable for business debts and claims against the business.

Stock: Stock represents ownership in a corporation. It may be represented by a certificate and can be common or preferred, voting or non-voting, redeemable, convertible, etc. The classifications and special designations, if any, of the stock are set forth in the articles of incorporation.

Stock certificate: A certificate issued that is used as proof of ownership of shares of stock in a corporation. The stock holders name, and date of purchase are normally shown on the stock certificate. May also be referred to as a share certificate.

Stockholders: Stockholders are individuals or entities that have paid for or been given shares of a corporation. They are considered the owners of the corporation based on the percentage of shares they own. Also known as shareholders.

T

Tax-exempt organization: Any organization that is determined (through the filing of 501-C-3 paperwork) by the Internal Revenue Service to be exempt from federal taxation of income. A tax-exempt company is normally required to operate exclusively for charitable, religious, literary, educational or similar types of purposes.

V

Voluntary dissolution: The decision by shareholders, incorporators or initial directors to formally dissolve a corporation with the Secretary of State's office.

Service of Process Overview

Service of Process (SOP) refers to the legal document by which a lawsuit is started and the court asserts its jurisdiction over the parties and the controversy.

When a corporation or LLC is sued, the SOP is served upon the registered agent/address of the company. It is extremely important that the SOP is received properly and responded to in a timely fashion. The summons will often inform the defendant(s) that they have a specified number of days under law to respond to the summons and complaint. If the defendant does not respond by the required date, the plaintiff may seek a default judgment from the court, basically granting the plaintiff be declared the “winner” of the lawsuit.

Service of Process FAQs

  • Why would CorpCo NOT accept SOP?

    Before receiving SOP, CorpCo will search the company name within our records and with the State in which the company is registered to determine if the information regarding the entity being served is accurate.  The main reasons why CorpCo would not receive SOP are:

    • If the name is not accurately presented on the SOP and does not appear in our records (and/or the Secretary of State data base)
    • CorpCo is not currently acting as the company’s registered agent.
    • The company has been dissolved and we have no current point of contact for the company.

  • What do I do when I receive SOP from CorpCo?

    CorpCo’s email, fax, and certified mail/courier delivered SOP notices will always include an acknowledgement cover letter.  You should acknowledge receipt of the service by signing the cover letter and returning to our office by email, fax, or regular mail.  Alternatively, you may also acknowledge receipt by logging into your CorpCo account and clicking on “Acknowledge” in the “My SOP” box on your Home screen.

    In addition to letting CorpCo know you’ve received the SOP, you may be required to provide an answer or other information by a specific due date.  If the date has been clearly indicated in the service document, CorpCo will provide the date on our acknowledgement cover letter.  If you have any questions about how to respond to the service, you should contact your attorney immediately. CorpCo provides as much information as possible regarding the nature of the SOP on the acknowledgement cover letter.  If you have any questions regarding the information contained there, please contact our office.

  • How will CorpCo notify the business that SOP has been received on their behalf?

    If an email address has been provided, CorpCo will always email the legal contact person of the company being served to inform them of the item received and inform them of the method of shipment.  If CorpCo has not been provided with an email address, we will call or fax the contact provided on the account. The SOP will then be sent via certified mail or by courier (FedEx, UPS, TNT, or DHL).

    ** It is very important to notify CorpCo of any change of the legal notices contact person, contact address, email, or phone number immediately when it changes.

Foreign Qualification
  • "I refer all my clients to CorpCo for their incorporation work. They handle it quickly, accurately, and I always hear what a pleasant experience it is, to call their office. Thank you CorpCo!"
    Tom C., Wilmington, Delaware
  • “CorpCo's website was really easy to use - I was incorporated that day and received my package 3 days later. Very happy and you can quote me."
    David S., King of Prussia, Pennsylvania
  • "I'd like to thank you and Christy and everyone else at Corpco for your help with starting and closing the 2 corporations I had.  You guys made the process so much more manageable and were pleasant throughout the entire process."
    Laura T., New York, New York
  • "I found many agents on the site of the State of Delaware and exchanged some e-mails randomly and in the end I definetely chose you because of direct, warm approach and flexibility in searching solutions for the things we could need. ...we'll definitely recommend you."  
    Zlatan C., Beograd, Serbia
LLC
C-Corp
S-Corp
Non-Profit / Not-for-Profit

LLC's have become very popular in the past few years and offer a combination of advantages. LLC's provide the liability protection of a corporation, along with the tax benefits of a partnership classification. Because there is no stock authorized in an LLC, there are no stock restrictions attached to the ownership, as there are with "S" corporations. Thus, the LLC has greater flexibility than the S Corporation in accommodating various forms of ownership, including trusts, corporations and non-resident aliens.

The most common type of corporation is the C Corporation. Even those who choose to make their business an S Corporation, start with a C Corporation before making the “S” tax designation.

Forming a C Corporation shields the personal assets of the business owners from any civil judgments by bringing about a separate legal structure that takes on the liability for business activity. A properly formed and maintained C Corp creates a veil of protection for the personal assets its shareholders, officers, directors, and employees should any judgments against the business occur. There may also be tax advantages associated with C Corps due to deductibles on employee benefits and other business expenses.

Though this structure offers benefits not shared by sole proprietorships, there is a downside to the C Corporation. The C Corporation is taxed initially on the earnings of the business and again, the shareholders are taxed on the dividends received. This is often referred to as “double taxation”. As the shareholders are unable to take personal deductions for any losses to the business, many choose the alternative S Corporation.

The S-Corporation is a popular choice among small business owners because it allows just one level of taxation, as opposed to the double taxation that C-Corporations are subject to. An S Corporation gives the advantage of pass through taxation, which allows each shareholder to report their share of the company's profit or loss on their individual tax returns. The liability protection is the same as it would be for a C-Corporation.

There are restrictions with regard to ownership of an S Corporation. The shareholders must be U.S. citizens, the company must be a domestic corporation, must have only one class of stock, the shareholders must be individuals or their estates or certain tax-exempt entities or trusts (i.e., not another corporate entity) and the number of shareholders of an S-Corporation cannot exceed 100 (with family members eligible for treatment as a single shareholder). To qualify as an S-Corporation for federal tax purposes the company must make an S-Corporation election through Internal Revenue Service Form 2553.

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Foreign Qualification
  • "I refer all my clients to CorpCo for their incorporation work. They handle it quickly, accurately, and I always hear what a pleasant experience it is, to call their office. Thank you CorpCo!"
    Tom C., Wilmington, Delaware
  • “CorpCo's website was really easy to use - I was incorporated that day and received my package 3 days later. Very happy and you can quote me."
    David S., King of Prussia, Pennsylvania
  • "I'd like to thank you and Christy and everyone else at Corpco for your help with starting and closing the 2 corporations I had.  You guys made the process so much more manageable and were pleasant throughout the entire process."
    Laura T., New York, New York
  • "I found many agents on the site of the State of Delaware and exchanged some e-mails randomly and in the end I definetely chose you because of direct, warm approach and flexibility in searching solutions for the things we could need. ...we'll definitely recommend you."  
    Zlatan C., Beograd, Serbia
Account Management
Annual Renewal

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Annual Renewal lorem ipsum

Foreign Qualification
  • "I refer all my clients to CorpCo for their incorporation work. They handle it quickly, accurately, and I always hear what a pleasant experience it is, to call their office. Thank you CorpCo!"
    Tom C., Wilmington, Delaware
  • “CorpCo's website was really easy to use - I was incorporated that day and received my package 3 days later. Very happy and you can quote me."
    David S., King of Prussia, Pennsylvania
  • "I'd like to thank you and Christy and everyone else at Corpco for your help with starting and closing the 2 corporations I had.  You guys made the process so much more manageable and were pleasant throughout the entire process."
    Laura T., New York, New York
  • "I found many agents on the site of the State of Delaware and exchanged some e-mails randomly and in the end I definetely chose you because of direct, warm approach and flexibility in searching solutions for the things we could need. ...we'll definitely recommend you."  
    Zlatan C., Beograd, Serbia
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Registered Agent Services
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