Can we avoid franchise taxes in DE for a recently incorporated c corp by dissolving it right away?
You could file a Certificate of Amendment and reduce the number of shares to one million.
Wilmington, DE
Litigation Lawyer at Wilmington, DE
Practice Areas: Litigation, Business, Chapter 11 Bankruptcy
You could file a Certificate of Amendment and reduce the number of shares to one million.
An LLC needs an Operating Agreement. Shareholders' Agreements are for corporations. LLCs have members and corporations have shareholders. You know...
You have to have a registered agent with a physical address in Delaware, so you will continue to have to pay for that service. You do not have to...
For Delaware incorporation or LLC formation, $1,500 can cover legal and filing fees. On an ongoing basis, expect $500/yr. in registered agent and...
You can search on Avvo for attorneys in your geographic and subject matter areas. I have experience with meeting with clients to discuss transfer...
For formal dissolution, the annual franchise fees and any taxes to Delaware must be brought up to date and the annual Franchise Tax Reports must be...