Certificate of Formation of Limited Liability Company - Delaware

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Certificate of Formation of Limited Liability Company - Delaware

Certificate of Formation of Limited Liability Company is a legal document that was released by the Delaware Department of State - Division of Corporations - a government authority operating within Delaware.

FAQ

Q: What is a Certificate of Formation?A: A Certificate of Formation is a document that establishes the existence of a Limited Liability Company (LLC).

Q: What is a Limited Liability Company (LLC)?A: A Limited Liability Company is a legal entity that provides limited liability protection to its owners, known as members.

Q: Why would someone want to form an LLC?A: Forming an LLC offers personal liability protection for the owners, potential tax benefits, and flexibility in management and ownership.

Q: How do I file a Certificate of Formation for an LLC in Delaware?A: To file a Certificate of Formation for an LLC in Delaware, you must submit the required form and fee to the Delaware Secretary of State.

Q: What information is included in a Certificate of Formation?A: A Certificate of Formation typically includes the name of the LLC, the address, the purpose of the LLC, the name and address of the registered agent, and the names and addresses of the initial members or managers.

Q: What is the cost to file a Certificate of Formation in Delaware?A: The cost to file a Certificate of Formation in Delaware is typically around $90, but it may vary.

Q: Can anyone create an LLC in Delaware?A: Yes, anyone can create an LLC in Delaware, regardless of residency or citizenship status.

Q: Is it necessary to have an attorney to file a Certificate of Formation?A: While it is not mandatory to have an attorney, it is recommended to seek professional advice to ensure compliance with all legal requirements.

Q: How long does it take to process a Certificate of Formation in Delaware?A: The processing time for a Certificate of Formation in Delaware is typically 2-3 business days, but expedited options are available for an additional fee.

Q: Can I convert my existing business into an LLC?A: Yes, depending on the type of business and state laws, it may be possible to convert an existing business into an LLC.

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Form Details:

  • Released on October 1, 2016;
  • The latest edition currently provided by the Delaware Department of State - Division of Corporations;
  • Ready to use and print;
  • Easy to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of the form by clicking the link below{class="scroll_to"} or browse more documents and templates provided by the Delaware Department of State - Division of Corporations.

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