Starting and expanding a business often involves navigating a maze of corporate filings. From forming a new corporation or merging with another, each step requires meticulous attention to detail and adherence to state-specific regulations. Timely and expedited filing is not just about compliance; it's about setting the foundation for your business's growth and success. Why can’t I form a business immediately? When forming a business or amending the records of an existing business, filings must be processed with the Secretary of State in your chosen jurisdiction. Upon submission, filings are...
delaware secretary of state
Delaware Section 502 Principal Place of Business Compliance
Effective August 1, 2022, Delaware amended the General Corporation Law of the State of Delaware (“DGCL”), affecting several provisions. The State of Delaware is enforcing Delaware Title Code 8. Del.C Sec 502 (a)(3) for the 2022 Annual Report tax year. Companies are now prohibited from using a registered agent's address as their principal place of business. If your entity has done this in the past, then an Amended Annual Report to change to your physical address must be completed at once. What is Section 502? Section 502 clarifies that unless a corporation maintains its principal place of...
Incorporating Your Business: A Case for Delaware or Wyoming
When it comes to incorporating a business, choosing the right state can have a significant impact on its legal framework and ultimate success. Two states that frequently attract entrepreneurs and businesses are Delaware and Wyoming. Both states offer unique advantages that make them attractive destinations for company incorporation. Why do companies often choose Delaware or Wyoming? What are the key differences between registering a company in each state? Benefits of Incorporating in Delaware Our Corp1 Delaware team will tell you that Delaware has long been the premier choice for businesses,...
Holiday Closure Notice: July 3-4, 2023
The Colorado Secretary of State and Corp1, Inc. Colorado office will be CLOSED Monday, July 3, 2023. Our Delaware office will be open 9a-5p Eastern Time. Our Wyoming office will be open from 8a-4:30p Mountain Time. The Delaware, Colorado and Wyoming Secretaries of State and Corp1, Inc. offices will be CLOSED Tuesday, July 4, 2023.





