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The corporate laws of Delaware allow a corporation to convert to an LLC with relative ease. The Delaware General Corporation Law states: ?[a]ny other entity may convert to a domestic limited liability company by complying with subsection (h) of this section and filing in the office of the Secretary of State.?
The state filing fee for the Arizona Foreign Registration Statement is $150 for regular processing or $185 for expedited processing.
Typically, in a short-form merger, only the parent's board of directors has to approve the plan of merger. The subsidiary's board does not have to approve. In addition, neither the parent's shareholders nor the subsidiary's shareholders have to approve of the plan.
Short-form merger The short form is a type of ?friendly? merger that can be used to combine two LLCs in Delaware. The state of Delaware also approved the consolidation of a Delaware non-corporate entity as the parent and a subsidiary in which the parent accounts for a minimum of 90% outstanding shares per stock class.
One or more corporations of Delaware can consolidate or merge with one or more limited liability companies in the state of Delaware or elsewhere in the United States.
Foreign corporations must submit to the A.C.C. an Application for Authority to Transact Business or Conduct Affairs. Additional documents must accompany the Application ? read the Instructions to the Application for Authority to ensure that you attach all necessary documents.
A Delaware LLC merger happens when business agreements combine multiple entities into one sole entity. The LLC series isn't considered a separate entity ing to Delaware state laws.
See A.R.S. § 29-3902. What is a foreign LLC? Any LLC that was not created or formed under the laws of the State of Arizona is a foreign LLC.
Merging Domestic Corporations and Limited Liability Companies. One or more corporations of Delaware can consolidate or merge with one or more limited liability companies in the state of Delaware or elsewhere in the United States.
An Arizona LLC MUST have a Business Address, but it may be: A physical street address in Arizona OR not in Arizona. A post-office box in Arizona OR not in Arizona.