Best LLC Formation Services in Delaware | Comparative Review 2024

Best Delaware LLC Formation Services

Best LLC formation services in Delaware: If you would like to start an LLC in Delaware, also known as The First State, there are a few steps to follow. In general, you can set up your LLC in two ways: either you can do it yourself or take help from professionals. Delaware is a business-friendly state and has immense opportunities for start-ups. However, setting up an LLC in Delaware can be stressful for beginners. Hence, hiring a professional LLC formation service is better than doing it on your own.

In Delaware, you will find several LLC formation services that offer great deals. Some offer free service, some offer a business website and logo with the LLC package, and some offer something else. This is incredibly attractive; however, based on your company’s requirements, you must choose the best option for you!

To help you navigate setting up an LLC, Webinarcare Editorial Team has compiled a list of the best Delaware LLC formation services. These companies can help you handle the paperwork and legal requirements, so you can focus on growing your business.

Starting an LLC is attractive for many entrepreneurs looking to establish a new business. Limited Liability Companies (LLCs) offer numerous advantages for entrepreneurs and small business owners, including liability protection, flexibility in management, and favorable tax treatment. As a result, many entrepreneurs are choosing to form their LLCs in Delaware.

The Best Delaware LLC Formation Services

In this section, we will describe the operating procedures of the best LLC Formation Services available in Delaware along with several other relevant information. We will also discuss these companies’ costs, pros, and cons so you to understand better and choose the right LLC formation services you want in Delaware.

LLC Service

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#1 Recommendation

$0 + State fee

  • Free LLC Formation

  • Legal Support

  • Highly Reputed Company

$299 + State fee

  • Single LLC formation package

  • Flat price for all services

  • Legal consultation

Webinarcare Editorial Team has come up with some extraordinary LLC formation services. This is a general list based on our experience. You can compare their services and pricing before you hire them to form your business.

Following are the 5 best LLC formation services in Delaware:

Now, let’s dive into the list of best LLC formation services in Delaware.

1. LegalZoom

legalzoom

LegalZoom is a well-established name in the business formation industry, offering a range of legal services beyond Delaware LLC formation. Their experience and reputation make them a reliable choice for entrepreneurs.

Plans and Pricing

LegalZoom’s pricing for LLC formation starts at $0 plus state fees for the Basic Package, which includes a name check, filing formation documents, and access to an online document library. The Pro Package ($249 plus state fees) adds a personalized operating agreement, while the Premium Package ($279 plus state fees) includes expedited processing and priority shipping.

Add-on Services by LegalZoom

  • Registered Agent
  • Trademark registration
  • Copyright registration
  • Patent services
  • Estate planning
  • Legal advice
  • Expedited Filing

Registered Agent Service is not included in any packages. It is available as an add-on at $299 per year! LegalZoom is the best option if you have a requirement of only registered agent service, not the entire formation package.

Pros 👍Cons 👎
A well-known and reputable companyMore expensive than some competitors
A wide range of legal services beyond LLC formationSome customer reviews mention slow turnaround times.
Lifetime customer support

2. BetterLegal

betterlegal

BetterLegal provides an efficient and user-friendly platform for entrepreneurs to establish legal entities such as LLCs (Limited Liability Companies) and corporations. The platform streamlines forming a business entity, making it easier and more accessible for individuals without legal expertise.

Plans and Pricing

BetterLegal offers a straightforward pricing structure for its services. The company offers $299 + state fees price for a formation package. You must pay $50 to get the service if you want to obtain the EIN. Besides, BetterLegal is a legal firm that provides legal support and consultation.

Other Services and Add-ons By BetterLegal

  • Registered Agent service – $10/month or $90/year
  • State Annual compliance services – $10/month or $90/year
  • Permit & License Search Service – $125
  • Amendment & document research – $0

Amendment and document research come with BetterLegal’s core formation package. It is free. On the other hand, this service is available as a standalone service. You must purchase the core formation package if you need amendment and document research.

Pros 👍Cons 👎
User-Friendly PlatformLimited Legal Advice
Time and Cost SavingsState-Specific Services
Transparent PricingLack of Customization

3. ZenBusiness

zenbusiness

ZenBusiness is an affordable and user-friendly option for forming an LLC. With its straightforward pricing and comprehensive services, ZenBusiness has quickly become one of the most popular choices for entrepreneurs looking to form an LLC.

Plans and Pricing

ZenBusiness offers three different pricing plans, starting at $0 plus state fees for their basic package, which includes a registered agent service, an operating agreement, and a worry-free guarantee. Their Pro package ($199 plus state fees) adds an Employer Identification Number (EIN), banking resolution, and expedited filing. The Premium package ($299 plus state fees) includes all Pro features, a business website, a domain name, and an email address.

Add-on Services By ZenBusiness

  • Tax and Accounting
  • Compliance Services
  • Annual Reports
  • Business License Reports
  • Business Website
  • Banking & Finances

ZenBusiness provides a standalone registered agent service. If you do not need the entire formation package, you can only purchase their registered agent service at $99 per year.

Pros 👍Cons 👎
Affordable pricing and clear, transparent plansThe basic package does not include an EIN
Excellent customer service and supportNo Delaware nonprofit formation
Fast turnaround times for LLC formation
Positive customer reviews

4. Incfile

incfile

Incfile is another popular choice for entrepreneurs forming an LLC. They offer various services, from basic formation packages to more comprehensive plans with additional features. Incfile is one of those services that started LLC formation services at $0.

Plans and Pricing

Incfile’s pricing starts at $0 plus state fees for their basic Silver package, which includes a registered agent service, company alerts, and online access to incorporation documents. The Gold package ($149 plus state fees) includes an EIN, operating agreement, and banking resolution. In contrast, the Platinum package ($299 plus state fees) adds a business website and domain, expedited filing, and customizable legal forms.

Add-on and Other Services By Incfile

  • Registered Agent: $119 after a year (one year free)
  • Employer Identification Number: $70
  • Operating agreement: $40
  • Certificate of Good Standing: $49 + State Filing Fees
  • File corporation annual report: $88 + State Filing Fees
  • Doing Business As (DBA): $99 + State Filing Fees
  • Trademark Registration: $199 + Federal Filing Fees
  • Business License Search: $99
  • Dissolution: $149 + State Filing Fees
  • S-Corp Tax Election: $50 for current LLC & $25 for current C-Corps

Registered agent service at Incfile is available at $119 per year. However, you can enjoy it for free for one year if you take their formation package.

Pros 👍Cons 👎
Competitive pricing, with a free basic package availableSome additional features, such as a business website, are only available in the most expensive package.
A comprehensive range of services and featuresAdditional cost to obtain EIN
It comes with a registered agent service, even in the basic package
Good customer support

5. Northwest Registered Agent

northwest registered agent

Northwest Registered Agent is known for its personalized customer service and commitment to privacy. They offer a simple and straightforward approach to Delaware LLC formation, focusing on the essentials.

Plan and Pricing

Northwest Registered Agent charges a flat fee of $225 plus state fees for their Delaware LLC formation service, which includes a registered agent service, filing formation document, and an operating agreement draft.

Add-ons and Other Services By Northwest Registered Agent

  • Registered Agent at $125 yearly
  • Annual report filing at $100 + state filing fee
  • Obtaining EIN at $50
  • Northwest offers National Agent Service. If you operate your LLC Registered Agent in 5 or more states, you can pay $100 + state fees (if applicable) to get a single agent for all states.

With Northwest Registered Agent, you can enjoy the standalone Registered Agent service. If you don’t want the full formation package, you can purchase the only registered agent service for $125 per year.

Pros 👍Cons 👎
Flat fee pricing with no upsells or hidden costs.No tiered pricing or additional features are available.
Excellent customer service and personalized supportMore expensive than some competitors
Focus on privacy and security.

Webinarcare Editorial Team selects these LLC Formation Services through thorough research and market study. You must cross-check all the factors before choosing the right one for your Delaware business.

What is an LLC?

An LLC, or Limited Liability Company, is a legal business structure that combines the benefits of both corporations and partnerships. It offers limited liability protection to its owners, known as members, and provides flexibility in management and taxation. LLCs in Delaware are popular among Delaware business owners and entrepreneurs because they are relatively easy to set up and maintain compared to other business structures.

Key features of an LLC include:

  • Limited Liability Protection: Members of Delaware LLC are not personally liable for the company’s debts or liabilities. This means that their personal assets, such as homes and savings, are protected from creditors and lawsuits related to the business.
  • Flexible Management: Unlike Delaware Corporations, which require a One board of directors and officers, LLCs can be managed by the members themselves or by appointed managers. This allows for more flexibility in how the company is run and makes it easier for small business owners to maintain control over their operations.
  • Pass-through Taxation: By default, Delaware LLCs are not taxed as separate entities. Instead, their profits and losses pass through to the owners, who report them on their personal income tax returns. This avoids the double taxation that affects corporations, which pay taxes on their profits, and then shareholders pay taxes on dividends. However, LLCs can also be taxed as corporations if it’s more advantageous for their specific situation.
  • Easy Formation and Compliance: Forming an LLC typically requires filing Delaware Certificate of Formation with the Delaware and paying a filing fee of $90. While some ongoing compliance requirements may apply, such as submitting Delaware Annual Reports or maintaining a Registered Agent, LLCs generally have fewer regulations and restrictions than corporations.

An LLC offers a flexible and relatively simple way for entrepreneurs and small business owners to establish a legal business structure while providing limited liability protection and potential tax advantages.

How to Choose the Best LLC Formation Services

Choosing the best LLC formation service Delaware depends on several factors, such as pricing, features, customer support, and overall reputation. To make an informed decision, consider the following steps:

  • Determine your needs: Identify your specific requirements before comparing Delaware LLC formation services. Do you need help filing the necessary paperwork or require additional services like Obtaining an EIN, drafting an operating agreement, or having a registered agent service?
  • Research and compare options: Compile a list of potential LLC formation services available in Delaware. Research each company’s reputation, customer reviews, and track record. Look for services with a history of satisfied clients, quick turnaround times, and a strong reputation for providing accurate and reliable support.
  • Compare pricing and packages: Analyze the pricing and packages offered by each service. Some companies offer tiered pricing, while others charge a flat fee for their services. Consider the features included in each package and determine which one offers the best value for your needs. Remember that the cheapest option may only sometimes be the best choice, as it could lack essential features or support.
  • Evaluate customer support: Customer support is crucial when dealing with legal and regulatory matters. Make sure the Delaware LLC formation service you choose offers responsive and knowledgeable support through various phone, email, or live chat channels. It would be best if you also verified their availability during your preferred hours of operation.
  • Consider additional services: Some LLC formation services offer a range of additional features, such as ongoing compliance assistance, legal advice, or business document templates. If you anticipate needing these services, choosing a provider that can fulfill all your business requirements in one place may be beneficial.
  • Read customer reviews and testimonials: Lastly, read customer reviews and testimonials to gain insights into each company’s performance and client satisfaction. Look for consistent patterns in feedback, such as responsiveness, accuracy, and professionalism. Remember that occasional negative reviews are inevitable, but a company with overwhelmingly positive feedback will likely provide a reliable and satisfactory experience.

By carefully considering your needs, comparing options, and evaluating customer support and additional services, you can choose the best LLC formation service in Delaware that meets your requirements and helps you start your business on a strong foundation.

Importance of Professional LLC Formation Services

Professional LLC formation companies play a crucial role in helping entrepreneurs and small business owners establish their businesses by simplifying the process of forming a Limited Liability Company (LLC). These services offer a range of benefits, including saving time and effort, ensuring compliance with legal requirements, and providing ongoing support. Here are some key reasons why utilizing professional LLC formation companies is important:

Expertise and experience

Professional LLC formation companies possess the knowledge and experience to navigate the complex process of forming an LLC. They understand the legal requirements, regulations, and documentation needed to establish a compliant LLC in your state. This expertise can help you avoid costly errors, omissions, or delays in the formation process.

The LLC formation services should know about filing an LLC, Certificate of Formation, or Certificate of Incorporation in Delaware Secretary of State.

Time and Effort Savings

Forming an LLC can be time-consuming, especially for first-time entrepreneurs needing to become more familiar with the process. By enlisting the help of a professional LLC formation company, you can save time and effort, allowing you to focus on other aspects of starting and growing your business.

Compliance Assurance

One of the primary benefits of using Delaware professional LLC formation service is ensuring that your LLC complies with state laws and regulations. This includes accurately preparing and filing the necessary paperwork with a Registered Agent, obtaining required Delaware Business Licenses and permits, and maintaining ongoing compliance through Delaware Annual Reports and other filings.

Registered Agent Services

Delaware require LLCs to have a Registered Agent, who is responsible for receiving legal and government correspondence on behalf of the company. Many professional LLC formation companies offer Delaware Registered Agent Services, which can be a convenient and cost-effective solution for maintaining this requirement.

Customized Operating Agreements

A well-drafted Delaware Operating Agreement defines your LLC’s structure, management, and ownership. Professional LLC formation services often provide customized operating agreements tailored to your business needs, ensuring your Delaware LLC is set up correctly.

Ongoing Support and Resources

Many professional LLC formation companies offer ongoing support and resources for business owners, including assistance with compliance, legal advice, and access to business document templates. This can be invaluable in helping you manage and grow your business.

Peace of Mind

Delaware LLC formation services provide peace of mind, knowing your business is set up correctly and compliantly. This allows you to focus on your core business objectives with the confidence that experts are handling your LLC’s legal and regulatory requirements.

Can an LLC Formation Services Help Me File My Taxes?

Each LLC formation specialist provides tax advice to help you avoid state tax penalties easily. You can even file your taxes on time, so your business won’t be charged a fee. The LLC formation company or your hired Registered Agent can file for your taxes in Delaware Division of Revenue.

Do I Need Delaware LLC Formation Services?

You can do everything an LLC service can without paying the service fees. Business owners who don’t want to file independently can benefit from LLC services, which can also give them access to other legal services from experienced lawyers. Your Delaware LLC can also be created for you by a local business lawyer. Delaware Business Attorney can be a good option if you prefer a personal relationship with someone who can assist you with various legal questions and issues, even though this may cost more than an online service.

FAQs

What makes Delaware a popular state for forming an LLC?
Delaware is popular for forming an LLC because of its advanced and favorable business laws and regulations.
Can a non-resident form an LLC in Delaware?
Yes, a non-resident can absolutely form an LLC in Delaware.
Do I have to physically visit Delaware to form an LLC there?
No, it is not necessary to visit Delaware physically to form an LLC there.
What is the cost of forming an LLC in Delaware?
The cost of forming an LLC in Delaware differs depending on the LLC formation service provider.
How long does it take to form an LLC in Delaware?
With the best LLC formation services in Delaware, it takes typically 2-3 business days to form an LLC.
Is it better to form an LLC through an attorney or an LLC formation service?
It is generally better to form an LLC through an LLC formation service given that they are less expensive and faster.
What is the advantage of using an online LLC formation service?
An online LLC formation service saves time and makes the process of forming an LLC in Delaware more hassle-free.
Can two or more people form an LLC together?
Yes. It is possible for multiple people to form an LLC together.
Can I change the name of my LLC once it has been formed?
Yes, it is possible to change the name of your LLC. However, there is a process you need to follow.
How do I renew my LLC annual costs in Delaware?
You can renew your LLC yearly costs through the State website known as the Delaware Division of Corporations.
Can I transfer my out-of-state LLC to Delaware?
Yes, it is possible to relocate an out-of-state LLC to Delaware.
Can I have a foreign address as a member while forming an LLC in Delaware?
No, a foreign address is not allowed as a member address while forming an LLC in Delaware.
Does my registered LLC need a business license for operating in Delaware?
Yes, it is necessary to get a business license to do LLC operations in the state.
Can I form a single-member LLC in Delaware?
Yes, you can form a single-member LLC in Delaware.
Do I need to keep a registered agent while operating through an LLC in Delaware?
Yes, you must keep a registered agent throughout the lifetime of your Delaware LLC.
What is the procedure if I want to change my registered agent?
You can change your registered agent by filling in proper forms, which are widely available on the Delaware Division of Corporation website.
What is a Delaware LLC’s franchise tax?
Delaware imposes a yearly franchise tax on those who run business entities in the state.
Is a franchise tax necessary for all forms of businesses operating in Delaware?
No, all forms of businesses aren’t liable to pay for a franchise tax in the state.
How can I give public notice of my newly formed LLC in Delaware?
Notice of the LLC formation is optional, but you can announce it in a newspaper or file it through the statutory agent.
Can different LLCs in Delaware have similar names?
No, every Delaware LLC in existence needs to have distinctive names as seen on the records.
Can two LLCs have names similar to each other?
No, Delaware state prohibits the use of two LLC names that are the same, which you should go through during an LLC name search.
Can I enlist my company’s DBA name with my formed LLC’s existing name?
No, you cannot register your company’s DBA name with your existing LLC name in Delaware.
Is a Delaware LLC exempted from both corporate tax and state income tax?
Yes, a Delaware LLC is exempted from corporate tax and state income tax if the LLC has zero activities or expenses within the state.
Can a non-US citizen open LLC banks accounts for their Delaware LLC?
Opening an LLC bank account in Delaware seeks to fulfill a bank’s criteria for identity and law-abiding persons/governing body.
How long will it take to open the Delaware LLC bank account after formation?
When you have your EIN, it takes an average of one to two weeks to open a bank account in Delaware.
What is the process of dissolving an LLC registered in Delaware?
You have to ensure that all outstanding payments have cleared with the state of Delaware Division of Corporations before dissolving the LLC fully.
Can anyone search for my company’s information after forming an LLC in Delaware?
Yes, Anyone can find an LLC’s details and contents of online books after filing with the Delaware Secretary of State.
Does the state of Delaware give customer support for LLC-related queries?
Yes, customer service personnel, and LLC-related support exist for your corporate-related issues with the state of Delaware.
Can I own other businesses with my formed LLC in Delaware?
Forming an LLC in Delaware does not restrict the owner from owning other businesses but will count as discretionary intentions.
What is an LLC?
An LLC or Limited Liability Company is a legal structure that provides limited liability protection to its owners.
Why is Delaware so popular for LLC formation?
Delaware is popular for LLC formation because of its flexible business laws and regulations, favorable tax policies, and strong legal protection for businesses.
How much does it cost to form an LLC in Delaware?
The cost of forming an LLC in Delaware varies depending on the service provider you choose. Generally, it can range from $69 to $300 plus additional state fees.
Do I need to have a physical address in Delaware to form an LLC there?
No, you don’t need to have a physical address in Delaware to form an LLC in the state. You can use the services of a registered agent to comply with the state requirements.
Are LLCs formed in Delaware taxed differently than in other states?
Yes, LLCs formed in Delaware are subject to state-specific taxes, including annual taxes and franchise taxes.
Do I need a lawyer to form an LLC in Delaware?
You don’t need a lawyer to form an LLC in Delaware, but having one can be helpful in navigating the complexities of the process.
Can I form an LLC in Delaware if I’m not a US citizen?
Yes, non-US citizens can own and operate LLCs in Delaware, and they are subject to the same laws and regulations as US citizens.
What are the benefits of forming an LLC in Delaware?
The benefits of forming an LLC in Delaware include simplified business laws, favorable tax policies, and strong legal protection for your business assets.
What is the minimum number of members required to form an LLC in Delaware?
There is no minimum number of members required to form an LLC in Delaware, and a single owner can also create an LLC.
Can I operate an LLC using a DBA name in Delaware?
Yes, LLCs can use a DBA (Doing Business As) name for their operations in Delaware with the necessary legal registration.
Do I need to provide a business plan to form an LLC in Delaware?
No, you don’t need to provide a business plan to form an LLC in Delaware, but you should have one to outline your goals and strategies.
What is the name availability check process for forming an LLC in Delaware?
Delaware requires you to conduct a name availability check as part of the LLC formation process. This can be done online on the state’s business entity database.
Does Delaware law require a minimum capital contribution to form an LLC?
No, Delaware law does not require a minimum capital contribution to form an LLC.
Can a Delaware LLC be managed by a non-member?
Yes, a Delaware LLC can be managed by a non-member, such as a professional manager or a hired executive.
Does Delaware recognize single-member LLCs?
Yes, Delaware recognizes and allows single-member LLCs to be formed.
Can non-US residents serve as registered agents for Delaware LLCs?
No, the registered agents of Delaware LLCs must be residents of Delaware or a company authorized to conduct business in the state.
What is the process of transferring an LLC to Delaware?
The process of transferring an LLC to Delaware involves filing a foreign qualification application with the Delaware Division of Corporations and appointing a registered agent in the state.
How often are LLCs required to file annual reports in Delaware?
LLCs are required to file an annual report with the Delaware Division of Corporations once a year to remain in good standing.
Are LLCs in Delaware required to pay annual franchise taxes?
Yes, all LLCs registered in Delaware are required to pay an annual franchise tax to the state.
Can I form an LLC in Delaware online?
Yes, you can form an LLC in Delaware online using the state’s online formation portal or with the help of a business formation service provider.
What is a Delaware Series LLC?
A Delaware Series LLC is a unique type of limited liability company that allows for the creation of multiple “series” or sub-entities with different assets, liabilities, and ownership interests.
How can I obtain a business license for my Delaware LLC?
The process of obtaining a business license for your Delaware LLC may depend on the type of business you operate. You may need to contact the state’s Division of Revenue for more information.
What is the annual fee for maintaining an LLC in Delaware?
The annual fee for maintaining an LLC in Delaware varies depending on the company’s revenue, assets, and other factors.
Can the members of a Delaware LLC decide on their taxation status?
Yes, the members of a Delaware LLC can choose either pass-through taxation status or to be taxed as a corporation.
Can I dissolve or terminate my Delaware LLC?
Yes, you can dissolve or terminate your Delaware LLC by filing Articles of Dissolution with the Delaware Division of Corporations and fulfilling other state requirements.
How do I change the name of my Delaware LLC?
You can change the name of your Delaware LLC by filing a Certificate of Amendment with the Delaware Division of Corporations and fulfilling other state requirements.
What happens if I fail to file my Delaware LLC’s annual report on time?
If you fail to file your Delaware LLC’s annual report on time, the state will place your LLC in a “status revoked” position and revoke your right to do business in Delaware.

Also Read

Why is Delaware One of the Best Places for Business

One of the main reasons why Delaware is such a great place for business is its corporate-friendly tax laws. The state has a low corporate tax rate and does not charge businesses any sales tax. This can result in huge savings for companies operating in Delaware, allowing them to reinvest their profits back into the business and grow more quickly.

Another key advantage of doing business in Delaware is its flexible and well-established legal system. The state is known for its Court of Chancery, a unique court that specializes in business law cases. This means that companies operating in Delaware can benefit from a fast and fair legal process in the event of any disputes or lawsuits. The legal system in Delaware also offers companies a high degree of privacy and protection, making it an attractive place to do business for many.

Delaware is also home to a highly educated and skilled workforce. The state’s universities and colleges produce a steady stream of well-qualified graduates every year, providing businesses with a pool of talent to choose from when hiring new employees. Additionally, Delaware has a strong network of trade schools and vocational training programs that can help businesses find workers with the specific skills they need.

In addition to its favorable tax and legal environment, Delaware offers a high quality of life for both employees and business owners. The state has a low cost of living compared to many other states on the East Coast, making it an affordable place to live and work. Delaware also boasts a high standard of living, with excellent schools, healthcare facilities, and cultural amenities that can attract top talent from all over the country.

Furthermore, Delaware is strategically located in the heart of the East Coast, making it an ideal hub for companies looking to reach customers in major metropolitan areas like New York City, Philadelphia, and Washington, D.C. The state’s well-developed transportation infrastructure, including its ports, airports, and highways, make it easy for businesses to move goods and services across the region quickly and efficiently.

All in all, Delaware offers businesses a winning combination of low taxes, business-friendly regulations, a skilled workforce, and a high quality of life. These factors make the state one of the best places in the country to start and grow a business, and it’s no wonder that so many companies choose to call Delaware home. With its strong business climate and supportive ecosystem, Delaware continues to be a top destination for companies looking to succeed and thrive in today’s competitive market.

Conclusion

Choosing the right Delaware LLC formation service for your needs depends on your budget, your support level, and any additional features you may need. ZenBusiness and Incfile are excellent choices for affordable yet comprehensive LLC formation services, while LegalZoom and Rocket Lawyer may be more suitable for entrepreneurs who require ongoing legal support. Northwest Registered Agent is a great option for those prioritizing privacy and personalized customer service.

Regardless of which LLC formation service you choose for your Delaware LLC, it is essential to research and compares your options thoroughly to ensure you receive the best possible support and value for your money. By doing so, you can focus on growing your business with the confidence that your legal and regulatory requirements are in good hands.

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