Running Your Delaware Business
Usually, the very next business day after you order a company formation, it will be filed at the State Department of Delaware. When your incorporator will receive the file ID, your company is fully operational!
If you want to make sure your company is fully registered with the State of Delaware you can access the Division of Corporations site for checking the status of your company. You will retrieve several information regarding your business, including the file ID, registered agent address and more.
One of the major benefits of incorporating in Delaware is the tax heaven environment for operations developed outside Delaware. It is a common habit of many states and overseas governments to require you a Certificate of Good Standing. This document issued by the State of Delaware certifies the existence of your company (this official paper has been described in the Delaware Incorporating Costs article). This is not a well know fact among people willing to incorporate in Delaware for doing business elsewhere and some incorporators tend to avoid this issue for marketing purposes. Many businessmen go ahead incorporating before inserting this cost in their expenses budget balance.
A very important thing to do immediately after incorporating is to determine whether you can pay the franchise tax online or not. This check can be performed on the Division of Corporations site.
It is always a good habit to know if you can pay the taxes with the speed on Internet banking or with the one of the regular check processing, especially if you are located outside of the US.
The next steps focus on obtaining the Employer Identification Number (EIN, ideally through your incorporator) and obtaining certificates for State Authorities that may require your business to be licensed for specific business operations in Delaware.
In the end of this Delaware Incorporation Guide we want to stress again that if you have any doubts the best thing to do is to ask for legal advice.
We update our articles on a weekly basis, so whether you incorporated or not, it is always a good habit to check the new informational additions periodically.
Thank you for reading your guide!
Good luck in buisiness,
The IncTime.Com Team.
