Want to learn how to incorporate a business? Before incorporating, it's important to understand the advantages and disadvantages of making your business a legal entity capable of buying and selling real estate, starting a lawsuit and even committing crime. Corporations certainly offer many advantages, including protection against personal liability, although there are some downsides to understand as well.
If you've already decided that forming an LLC is right for your business, you may want to consider forming in Delaware. There's a reason well over half of all Fortune 500 companies choose to incorporate in Delaware: the state offers important tax savings, low-cost business formation and business-friendly laws, among other benefits. Here are the fairly straightforward steps you'll need to take to form an LLC in the state of Delaware.
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