What is DCIS Delaware?
What is DCIS Delaware?
New Delaware Corporate Information System (“DCIS”) launched on September 8, 2015. This system is used by the Division and a few dozen of Delaware’s Commercial Registered Agents to submit filings, obtain certificates and submit UCC filings. Delaware takes pride in being the leading state for business entity law.
Why does everyone incorporate in Delaware?
There are two major reasons for Delaware’s dominance of the corporate incorporation business. The other major reason corporations choose to incorporate in Delaware is the quality of Delaware courts and judges. Delaware has a special court, the Court of Chancery, to rule on corporate law disputes without juries.
What does cease good standing mean in Delaware?
X – Ceased Good Standing – This represents an entity that failed to pay their annual taxes timely.
How do I get a certificate of good standing in Delaware?
Order your Certificate of Good Standing Now. If you have any questions about how to order a Certificate of Good Standing in Delaware, simply contact our office at 1-800-345-2677, Extension 6910, and a representative will gladly help.
Do corporations pay taxes in Delaware?
Every domestic or foreign corporation doing business in Delaware, not specifically exempt under Section 1902(b), Title 30, Delaware Code, is required to file a corporate income tax return (Form 1100 or Form 1100EZ) and pay a tax of 8.7% on its federal taxable income allocated and apportioned to Delaware.
Do Delaware LLC pay taxes?
Delaware treats a single-member “disregarded entity” as a sole proprietorship for tax purposes. This means that the LLC itself does not pay taxes and does not have to file a return with the State of Delaware.
Why are companies not in good standing?
A business entity can lose its good standing for several reasons, including: Failure to pay a registration renewal fee. Failure to pay various types of state business taxes or fees. Mistakes made in a filed form, such as not signing the form or not fully completing it.
How long is a certificate of good standing valid in Delaware?
How long is a Delaware Certificate of Good Standing good for? Depending on what it is being used for, it will be accepted anywhere from 30 days to six months from the date it is produced and signed by the Delaware Secretary of State.
Why do so many companies incorporate in Delaware?
There are two major reasons for Delaware’s dominance of the corporate incorporation business. One reason is the bi-partisan political consensus in Delaware to keep the Delaware corporation statute modern and up-to-date, and to rely on Delaware’s corporate law specialists for advice in how to do this.
What corporations are in Delaware?
A Delaware corporation is a corporation that has its legal business affairs registered in the US State of Delaware. The corporation or business does not actually have to be in business or do any type of business in the State of Delaware, but it must be registered as a business there.
How to form a corporation in Delaware?
1. Choose a Corporate Name. Your corporation’s name must include the word “association,” “company,” “corporation,” “club,” “foundation,” “fund,”
Why incorporate in Delaware?
You should incorporate in Delaware because Delaware is the most business-friendly state for non-US residents. In fact, Delaware is the most popular state for LLCs in the US. The top 5 reasons to incorporate in Delaware: Business friendly laws. Privacy. Cheaper filing fees. No income taxes. Investor appeal.
