Why are Delaware entities recognized worldwide?

Delaware entities, such as limited liability companies (LLCs) and Corporations are widely recognized and popular for several reasons: Business-Friendly Laws: Delaware has a long history of having business-friendly laws and a well-established legal framework for...

The Corporate Transparency Act

The Corporate Transparency Act (CTA) was a piece of legislation enacted in the United States as part of the National Defense Authorization Act for Fiscal Year 2021. The primary purpose of the Corporate Transparency Act is to address issues related to money laundering,...

What should an LLC be used for

A Limited Liability Company (LLC) is a popular business structure that provides a flexible and advantageous framework for various types of businesses. Here are some common uses and advantages of forming an LLC: Limited Liability Protection: Personal Asset Protection:...

Should independent contractors become an LLC

Whether an independent contractor should become an LLC (Limited Liability Company) depends on various factors, and it’s essential to consider both the advantages and disadvantages. Here are some factors to consider: Advantages of forming an LLC: Limited...