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Jay, First of all, let me explain the concept of “nexus”. If your company meets certain conditions it creates “nexus”, meaning a connection, to a certain state. Sometimes it means...
...do and whether you have employees that could potentially sue the company for whatever reason. Bottom line is, you should evaluate the risk of your business to be sued. 2....
...the past: – Can a minor be a sole shareholder in a company? – Can minors be part of corporation? Those answers should shed some light on your original question....
When it comes to forming an LLC or corporation, understanding the steps of registering your business is a critical component of the overall process. However, there are many misconceptions people...
Karina, Without knowing the state your company was registered in, the type of entity, the initial formation date or length of inactivity, it is difficult to properly answer that question....
...a corporation and and a limited liability company aren’t really business models, per say. An LLC, or limited liability company, is often considered to be an especially beneficial form of...
...Foreigners‘, which will guide you through the application process, as well as compare the different entity types you could register as well as a comparison of the top recommended states....
...of the LLC, and you will need to specify in the Operating Agreement what percentage of membership interest each member has in the company. Finally, reseller permit in needed if...
...company can be dissolved and any certificates that your company holds may be revoked. The registered agent must have a registered office and be functioning properly. Also, having a poorly...
...Finance (DTF). To reinstate the business, the company would have to file it’s owed taxes to the DTF to obtain a written letter of consent, which can be filed with...
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