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Forming an LLC or Corporation? Here Are Some Do’s And Don’ts For All Small Business Owners
...consider when determining a reasonable wage that avoids auditing by the IRS. The employee’s company role, the company’s condition and character, a wage comparison of employees in similar fields of...
Certificate of Good Standing
...standing depends of course on the date of issue, so for example California Secretary of State would accept certificates that are less than 6 months old. Each jurisdiction has its...
State for a law suit
...took place and not by the state where the company was formed. Whereas, shareholder/member lawsuits will most likely be governed by the laws of the state where the company was...
Renewal of a non active LLC
...has for LLCs, with or without the option to reinstate the company. If that is the case, you would probably need to simply register a new LLC. There are some...
Renewing the LLC
...for the annual report and a so-called “franchise tax” on the company’s assets located in that state. Some states always charge a substantial minimal amount for franchise tax (for example,...
Can minors be part of corporation?
...so I will only give you an example of Delaware corporation (for your specific state I recommend consulting a business attorney licensed in your state): According to the Delaware Dept....
LLC info for Wyoming
LaPrentiss, Technically, you don’t need to have your bank account or mailing address in the state of registration. Many people who register in Wyoming for example never even visit this...
Processing time for LLC
Dear David, The actual processing time from the moment we receive the application to the moment the completed package reaches the customer greatly depends on several factors: 1) Type of...
Best state for corporation?
Lester, This can really depend on the type of business you would be conducting, as well as your state of residence, among other factors. For example, if you are selling...
Best state to form a LLC
...respect to your company. For example, if you are opening a brick-and-mortar store it is generally most convenient to form your company in the state where the store is located,...
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