All business entities who want to conduct their business in the state other than the state they were formed, must obtain authority to do so from the concerned state department. This process is commonly referred to as "foreign entity qualification".
Read more...A fictitious business name, assumed business name, or DBA ("doing business as") allows you to legally do business as a particular name at minimal cost, and without having to create an entirely new business entity.
Read more...Sales Tax ID Number or Sales Tax Exemption Certificate is a legal document issued by the state. This certificate of authority gives your business the authority to collect the required sales and use taxes, and to issue appropriate sales tax exemption documents, including resale certificates used for purchasing inventory.
Read more...In most states every retailer who sells or will sell cigarettes or tobacco products is required to obtain a retail cigarette and tobacco license and bound to renew it annually. A tobacco license is required before you start selling of cigarettes and tobacco products.
Read more...An eligible domestic corporation can avoid double taxation (once to the shareholders and again to the corporation) by electing to be treated as an S corporation.
Read more...If you decide to officially change the name of your business entity, add or remove members, officers, managers, business or mailing address, registered agent, or other company details specified in the company Articles, you need to file Articles of Amendment with the state of formation.
Read more...When a business entity is no longer doing business or even if it was never used for anything, it is very important that it follows the legal steps in "winding itself up" as a legal entity.
Read more...Business often need proof that they are in good standing in order to obtain financing, renew licenses or enter into other business transactions. In order to obtain a Certificate of Good Standing or certificate of existence, business or other organization must be current on all tax filings and obligations.
Read more...A certified copy is a duplicate of an original document that is certified as a true copy by the officer having custody of the original. If the original(s) are ever lost or misplaced, requesting a certified copy from the state of formation or qualification is advisable.
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