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Delaware’s corporate and business law is one of the most flexible in the country. For this reason, it has always been considered one of the best states for small business. LLC entity structure is designed for small business.
Just $49 + $90 State Fee
Limited Liability Protection
LLCs are treated as a separate legal entity, giving members limited liability protection of their personal assets.
Taxes are not paid at the business level – instead, income and loss are reported on the members’ tax return.
Some LLCs are member-managed, similar to general partnerships, other LLCs are manager-managed.
LLCs generally have few state-mandated requirements with minimal accompanying paperwork.