Can only one person form an LLC?
Christopher Davis
Updated on March 13, 2026
Can one person own an LLC? Yes, in the District of Columbia, as well as all 50 states, one person can form an LLC as a single-member LLC, though they may not have all the same protections as a multi-member LLC. A company can be structured as an LLC that has owners, which are referred to as company members.
Does Delaware allow single-member LLC?
One person can form an LLC in Delaware. These LLCs are known as “single-member LLCs”. You can use a single-member LLC for everything from financing real estate transactions to solo consultant practices.
Do LLC pay taxes in Delaware?
This means that the LLC itself does not pay taxes and does not have to file a return with the State of Delaware. As the sole member of your LLC, you must report all profits (or losses) of the LLC on Schedule C and submit it with your Delaware personal income tax return (Form 200).
How to form a limited liability company in Delaware?
Anyone can file a Certificate of Formation with the Delaware Division of Corporations to form a Delaware LLC. An approved person of the LLC prints their name and signs the document under Section 18-204 of Title 6, Chapter 18 of the Delaware Limited Liability Company Act.
Who is the contact person for a Delaware LLC?
The contact person must be an actual person (not another company) who is at least 18 years of age. The contact person does not have to be a member or manager of the LLC and does not need to reside in the United States or be a United States citizen.
How does the Delaware Division of corporations work?
The Delaware Division of Corporations does not request, obtain or store any information regarding the LLC’s members and managers. Your Delaware Registered Agent is required, however, to maintain a record of the contact person for the LLC, including the contact person’s address.
When do you have to pay tax on a Delaware LLC?
Delaware LLC Privacy. The contact person does not have to be a member or manager of the LLC and does not need to reside in the United States or be a United States citizen. After the initial formation, a Franchise Tax of $300 for the prior year’s Franchise Tax is required to be paid, on or before June 1 of each year.
