What you should know about Delaware LLC For Purposes Of Succession:
Being one of the states pioneering the development of Limited Liability Companies (LLCs), Delaware’s modern law structure provides investors who wish to ensure the continuity of their company for future generations the possibility to establish a unique feature in their company’s LLC Operating Agreement: a clause or operating term appointing Class A, B or C members. It is essentially a succession order for those interested in perpetuating their offspring and/or any other family at the head of the company once those who founded it (typically appointed Class A members) have passed. At that point, Class B members (usually Class A members’ children) will then take control of the LLC – the cycle applies to Class C members who will have the opportunity to run the company after the passing of all Class B members. The appointing of any new classes is available at any time, thus the possibility to perpetuate your family in the business without problems.
This is the package we offer for your 3 Class LLC formation in Delaware:
Every incorporation comes with the following list of documents in original.
- Certificate of Formation with Apostille.
- Affidavit of Incumbency.
- LLC Operating Agreement.
- Registered Agent and Address.
- Board Resolution to Open a Bank Account.
- Power Of Attorney.
- 24 Hour Expedited Service.
- International Courier Delivery.
- Juridical address provision
- Registered Agent
- Annual payments to the Government (Franchise Tax)
Additional services are available upon request:
- Nominee Director Service
- Certificate of Good Standing
- Apostille any Document
LLC Formation Costs: USD 1,400
LLC Management Costs: USD 1,400 per annum
Contact us for details on additional services available.
Terms of Registration: Any new company will take up to 1 business day to register and you can expect delivery of your company documents within 4 working days of having placed the order