Formation Of LLC in Delaware;

Delaware is also an “anonymous LLC” state

Essential Requirements:

1)Choose an LLC Name:

Your LLC name must contain "Limited Liability Company" or its abbreviation ("LLC" or "L.L.C."). It
cannot be deceptively similar to existing business names. You can do a free name search on the
Delaware Division of Corporations website
https://icis.corp.delaware.gov/Ecorp/EntitySearch/NameSearch.aspx.

#Fees:NAME RESERVATION $75.00 your name is held for you for a period of 120 days

Optional Requirements:

Fictitious Business Name (DBA):

If your LLC operates under a name different from its legal name, you can register a DBA in the
county where your business operates.

#Fees:

Fictitious Business Name (optional): $25 to register a fictitious business name ("doing business as"
or DBA) in the county where your LLC operates.

2)Appoint a Registered Agent:

Every Delaware LLC needs a registered agent who has a physical address in Delaware and is
available during business hours to accept legal documents on the LLC's behalf. You can act as your
own agent or hire a registered agent service.

#Fees:

Registered Agent Service: Registered agents typically charge an annual fee, ranging from $50 to
$200+

3)File a Certificate of Formation:

This document officially forms your LLC with the Delaware Division of Corporations. It requires the
LLC name, registered agent information, and signature of an authorized person.
#Fees:

Certificate of Formation: $90 to file electronically or by mail

Times:

Certificate of Formation Processing: Delaware Division of Corporations generally processes

electronically filed Certificates of Formation within 1-2 business days, and mailed filings within 3-5
days

#Additional Costs:
Annual Franchise Tax: $300 annual fee for all LLCs

Additional Considerations:

4)Federal Employer Identification Number (EIN):

An EIN is not mandatory for single-member LLCs with no employees, but it's highly recommended. It
allows you to open a business bank account, hire employees, and file federal taxes. You can obtain
an EIN for free from the IRS website.