|
 Frequently Asked Questions (FAQ)
FAQ About American Companies
FAQ About CorpoMax
FAQ About American Companies
- What are the advantages of incorporating my business?
- What are the advantages of a Delaware Company?
- Do I need a Corporate Seal?
- What is a E.I.N.?
- Do I need an attorney or an accountant to incorporate my Company?
- What type of Company is most appropriate for my needs?
- What are the annual obligations of my U.S. Company?
- What are the main types of incorporated businesses?
- What is a Registered Agent?
- Must my Company be represented by a registered agent?
- What are requirements of the Corporation's name?
- What are requirements of the LLC's name?
- Do I need a Corporate Kit?
- What protection is granted to the Corporation's Name?
- Is it difficult to incorporate a Company in the United States?
- Can my Company have its headquarters outside of Delaware?
- What is the minimal number of Company Directors?
- How long does it take to incorporate my Company?
- Must my Company have a bank account in Delaware?
1. What are the advantages of incorporating my business?
There are several:
- Separate Legal Identity
- Shareholders' Limited Personal Liability
- Perpetual Existence
- Possibility of Tax Benefits
- Professional Image
- Greater Accessibility to the Capital.
2. What are the advantages of a Delaware Company?
There are at least fifteen. Here they are>>>
3. Do I need a Corporate Seal?
The Corporate Seal can be required by your bank, government agencies, some contracting parties, or, during the signature of certain contracts or official documents. Thus, it is preferable that your Company has one.
4. What is an E.I.N.?
It is the Employer Identification Number, i.e. an identification number provided by the Internal Revenue Service (IRS) to every American business, whether incorporated or not, with or without employees. The E.I.N. is a single nine digit number (in xx-xxxxxxx format) which constitutes, to some extent, the social security number of the Company. It is required by various parties, such as government agencies, providers, etc. Before opening a commercial account using your Company's name, all American banks will require that you provide the E.I.N..
5. Do I need an attorney or an accountant to incorporate my Company?
Not necessarily. In fact, CorpoMax assists several lawyers and accountants during the incorporation process of American Companies. However, it can sometimes be extremely useful to consult a qualified professional for any questions of a legal, accounting or tax nature, before processing the incorporation. CorpoMax is a corporate service firm only. Consequently, it cannot provide any advice or service of a legal, accounting, financial, or tax nature.
6. What type of Company is most appropriate for my needs?
Considering that each Company is unique, CorpoMax suggests that you consult a lawyer or an accountant. CorpoMax is a corporate service firm only. Consequently, it cannot provide any advice or service of a legal, accounting, financial, or tax nature.
7. What are the annual obligations of my American Company?
Each year, the Delaware Companies must:
- file an annual report (except for LLC's) and pay a filing fee of US$25;
- pay a tax (generally a minimum of US$35 for Corporations and US$200 for LLC's);
- pay the Registered Agent fees (US$129 in the case of CorpoMax).
8. What are the main types of incorporated businesses?
There are some several. The most popular are the Corporation (C or S, General or Close) and the LLC (Limited Liability Company). More information >>>
9. What is a Registered Agent?
A Registered Agent is an individual or corporation that resides in the State where your Company was incorporated. As the official representative of your Company, the Registered Agent receives and forwards you:
- any documents and notices emanating from the corporate authorities (e.g. Annual Report, Franchise Tax Notice, etc.);
- any notice or legal procedure involving your Company.
CorpoMax is one of the registered agents recognized by the State of Delaware.
10. Must my Company be represented by a Registered Agent?
Yes. The law requires that Corporations and LLC's be represented by a Registered Agent in the state where they were incorporated. CorpoMax is one of the registered agents recognized by the State of Delaware.
11. What are requirements of the Corporation's Name?
The Corporation's Name must include any of the followings identifiers (or ending words): "Corporation", "Incorporated", "Association", "Company", "Club", "Foundation", "Fund", "Institute", "Society", "Union", "Syndicate" ou "Limited", or an abreviation of them (e.g. "Corp.", "Inc.", Co.", "Ltd." etc.). It is possible to prefix abbreviations by a comma (e.g. CorpoMax, Inc.) or not (e.g. CorpoMax Inc.).
12. What are requirements of the LLC's Name?
The LLC's Name must include any of the followings identifiers (or ending words): "Limited Liability Company", "LLC" or "L.L.C.". It is possible to prefix abbreviations by a comma (e.g. CorpoMax, LLC) or not (e.g. CorpoMax LLC). It is not possible to use the "Inc." abbreviation, which is reserved for Corporations only.
13. Do I need a Corporate Kit?
It is important that your Company respects the various legal requirements, in particular, those concerning Director and Shareholder meetings. It is also necessary that your Company retains its corporate documents within a permanent register. Consequently, it is advantageous that all corporate documents, especially those coming from the State of Delaware (e.g. Certificate of Incorporation) that those which you prepare (e.g. by-laws, minutes, etc.), are retained in such a register. The Corporate Kit also includes the Seal of the Company.
14. What protection is granted to the Company's Name?
In Delaware, only your Company will have the right to use its name. However, it is possible that this name is also that of a Company incorporated in another state or elsewhere in the world. In this case, it may be necessary to consider applying for a trademark. Your lawyer or intellectual property agent can inform you about this.
15. Is it difficult to incorporate a Company in the United States?
Forming a company is a multi-step process, with a set of procedures that must be followed. CorpoMax can take care of this for you, giving you peace of mind and guaranteed satisfaction.
16. Can my Company have its headquarters outside of Delaware?
A company incorporated in Delaware can have its headquarters anywhere in the world.
17. What is the minimal number of Company Directors?
Only one Director is required for a Delaware Company. Moreover the same person can have several titles (e.g. President, Vice-President, Secretary and Treasurer).
18. How long does it take to incorporate my Company?
If you use CorpoMax services, the normal turnaround time is 24 hours. Normally, you will have all the parts of your American Company completed within 5-7 business days. In case of emergency, it is possible to incorporate a Company in as little as one hour, for an additional fee.
19. Must my Company have a bank account in Delaware?
No. Your Company may have its bank account outside of Delaware.
FAQ About CorpoMax
- How can I order a CorpoMax service?
- Is the CorpoMax service ordering process secure?
- What is the privacy policy regarding information I send to Corpomax?
- Can CorpoMax provide me with legal advice?
- Can I order CorpoMax Services without using the online order process?
- How can I pay? Are checks accepted?
- How are CorpoMax products shipped (the corporate kit, for example)?
- How do I get more information?
- When should I expect a reply from CorpoMax, to my e-mail?
- What does CorpoMax do with the comments and suggestions it receives?
- Does CorpoMax suggest other interesting sites?
a. How can I order a CorpoMax service?
At the top right of each page of the Web site, you click on the Order Now! link in the red navigation bar.
b. Is the CorpoMax service ordering process secure?
Yes. All the transactions are processed in a secure environment. More information >>>
c. What is the privacy policy regarding information I send to Corpomax?
Your personal information remains totally confidential. More information >>>
d. Can CorpoMax provide me with advice?
CorpoMax is only a corporate service company. Therefore it cannot provide any legal, accounting, financial or tax advice or service.
e. Can I order CorpoMax Services without using the online order process??
Yes. CorpoMax offers at least three ways of ordering its services:
By Internet >>>
By Fax >>>
By Mail >>>
For Any Information:
Tel: 1 302 266 8200
Fax: 1 302 266 8226
Skype: corpomax
f. What payment method may I use to pay CorpoMax services?
CorpoMax offers several ways to pay:
| Bank Wire Transfer | CorpoMax bank account information provided upon receipt of your order form. |
| Western Union Transfer | Western Union transfer instructions provided by CorpoMax upon receipt of your order form. |
| Bank Check | Check must be issued by any U.S. bank or other U.S. financial institution. |
| Business or Personal Check | Three-week delay for non-certified checks to clear the bank. |
| Credit Card | Visa, MasterCard or Discover. Authorization form provided by CorpoMax upon receipt of your order form. |
| PayPal | CorpoMax is a PayPal Verified Member. Payment instructions provided by CorpoMax upon receipt of your order form. |
- Any payment must be made in US dollars;
- Any check, bank draft or wire transfer must be made to "CorpoMax Inc.";
- Full payment is required before CorpoMax services are provided.
g. How are CorpoMax products shipped (the Corporate Kit, for example)?
Unless otherwise stated, the CorpoMax products are shipped via FedEx.
h. How do I get more information?
Contact CorpoMax right away! More information>>>
i. When should I expect a reply from CorpoMax, to my e-mail?
You will receive a personalized answer very quickly. More information>>>.
j. What does CorpoMax do with the comments and suggestions it receives?
CorpoMax publishes testimonials on the Client Testimonials page. These testimonials are not solicited by CorpoMax and have been received in writing.
As regards comments and suggestions, CorpoMax examines them very seriously and usually implements the suggestions made.
k. Does CorpoMax suggest other relevant sites?
Yes. CorpoMax suggests many useful links on the Interesting Sites page.
Copyright © CorpoMax Inc. All Right Reserved.
|
Incorporation of American Companies
Order Now
