Sole Owners

1. Sole Proprietorship: Sole owners of Kansas-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Kansas Secretary of State is necessary, but if you plan to hire employees then you need to obtain an EIN.

2. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners’ personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as “disregarded entity”, meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though – LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Kansas here.

3. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Kansas you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That’s one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Learn more about corporations here, and about the details of incorporating in Kansas here.

Partners

1. General Partnership: Like sole proprietorship, this entity type does not require registration with the Kansas Secretary of State, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to obtain an EIN.

2. Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner.

3. Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners.

Keep in mind though – S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead.

4. Limited Partnerships: Limited partnerships come in different forms, depending on the state (LP, LLP, LLLP). Though Limited Partnerships have their own purpose and place, for most cases we believe an LLC would serve its owners well enough, therefore at this point we do not cover Limited Partnerships.

Existing Out-of-State Companies

An existing company registered in another state or country (called “foreign corporation”, “foreign LLC”, etc) looking to conduct business in Kansas might be required to foreign qualify in Kansas. This rule typically applies to companies looking to open a physical branch in Kansas, lease an office or warehouse, hire employees, etc.

“Foreign” businesses that do not create “strong nexus” by moving physically to Kansas might still be required to obtain Retailers Sales Tax Registration Certificate from Kansas Department of Revenue if selling taxable products or services using local dropshippers.

Existing Kansas Companies

Companies registered in Kansas enjoy from a wide spectrum of services provided by the Kansas Secretary of State and Kansas Department of Revenue. Such services include but not limited to:

• Amendment
• Dissolution
• Reinstatement
• Certified copies of company documents
• Certificate of Good Standing
• Apostilles

How Can We Help?

Our company specializes in working with state government agencies such as Kansas Secretary of State and Kansas Department of Revenue in order to make your business registration and maintenance easier and smoother. We invite you to browse our website to learn more about our services and prices – and never hesitate to contact us via via phone, chat, or email if you have any questions.

Sole Owners

1. Sole Proprietorship: Sole owners of Iowa-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Iowa Secretary of State is necessary, but it is recommended to register a trade name, and if you plan to hire employees then also obtain an EIN.

2. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners’ personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as “disregarded entity”, meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though – LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Iowa here.

3. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Iowa you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That’s one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Learn more about corporations here, and about the details of incorporating in Iowa here.

Partners

1. General Partnership: Like sole proprietorship, this entity type does not require registration with the Iowa Secretary of State, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to register a trade name, and obtain an EIN.

2. Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner.

3. Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners.

Keep in mind though – S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead.

4. Limited Partnerships: Limited partnerships come in different forms, depending on the state (LP, LLP, LLLP). Though Limited Partnerships have their own purpose and place, for most cases we believe an LLC would serve its owners well enough, therefore at this point we do not cover Limited Partnerships.

Existing Out-of-State Companies

An existing company registered in another state or country (called “foreign corporation”, “foreign LLC”, etc) looking to conduct business in Iowa might be required to foreign qualify in Iowa. This rule typically applies to companies looking to open a physical branch in Iowa, lease an office or warehouse, hire employees, etc.

“Foreign” businesses that do not create “strong nexus” by moving physically to Iowa might still be required to obtain Sales Tax Permit from Iowa Department of Revenue if selling taxable products or services using local dropshippers.

Existing Iowa Companies

Companies registered in Iowa enjoy from a wide spectrum of services provided by the Iowa Secretary of State and Iowa Department of Revenue. Such services include but not limited to:

• Amendment
• Dissolution
• Reinstatement
• Certified copies of company documents
• Certificate of Good Standing
• Apostilles

How Can We Help?

Our company specializes in working with state government agencies such as Iowa Secretary of State and Iowa Department of Revenue in order to make your business registration and maintenance easier and smoother. We invite you to browse our website to learn more about our services and prices – and never hesitate to contact us via via phone, chat, or email if you have any questions.

Sole Owners

1. Sole Proprietorship: Sole owners of Indiana-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Indiana Secretary of State is necessary, but it is recommended to file a Certificate of Assumed Business Name, and if you plan to hire employees then also obtain an EIN.

2. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners’ personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as “disregarded entity”, meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though – LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Indiana here.

3. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Indiana you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That’s one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Learn more about corporations here, and about the details of incorporating in Indiana here.

Partners

1. General Partnership: Like sole proprietorship, this entity type does not require registration with the Indiana Secretary of State, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to file a Certificate of Assumed Business Name, and obtain an EIN.

2. Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner.

3. Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners.

Keep in mind though – S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead.

4. Limited Partnerships: Limited partnerships come in different forms, depending on the state (LP, LLP, LLLP). Though Limited Partnerships have their own purpose and place, for most cases we believe an LLC would serve its owners well enough, therefore at this point we do not cover Limited Partnerships.

Existing Out-of-State Companies

An existing company registered in another state or country (called “foreign corporation”, “foreign LLC”, etc) looking to conduct business in Indiana might be required to foreign qualify in Indiana. This rule typically applies to companies looking to open a physical branch in Indiana, lease an office or warehouse, hire employees, etc.

“Foreign” businesses that do not create “strong nexus” by moving physically to Indiana might still be required to obtain Sales Tax Certificate from Indiana Department of Revenue if selling taxable products or services using local dropshippers.

Existing Indiana Companies

Companies registered in Indiana enjoy from a wide spectrum of services provided by the Indiana Secretary of State and Indiana Department of Revenue. Such services include but not limited to:

• Amendment
• Dissolution
• Reinstatement
• Certified copies of company documents
• Certificate of Good Standing
• Apostilles

How Can We Help?

Our company specializes in working with state government agencies such as Indiana Secretary of State and Indiana Department of Revenue in order to make your business registration and maintenance easier and smoother. We invite you to browse our website to learn more about our services and prices – and never hesitate to contact us via via phone, chat, or email if you have any questions.

Sole Owners

1. Sole Proprietorship: Sole owners of Illinois-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Illinois Secretary of State is necessary, but it is recommended to register an Assumed Business Name (DBA), and if you plan to hire employees then also obtain an EIN.

2.Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners’ personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as “disregarded entity”, meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though – LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Illinois here.

3. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Illinois you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That’s one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Learn more about corporations here, and about the details of incorporating in Illinois here.

Partners

1. General Partnership: Like sole proprietorship, this entity type does not require registration with the Illinois Secretary of State, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to register an Assumed Business Name (DBA), and obtain an EIN.

2. Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner.

3. Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners.

Keep in mind though – S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead.

4. Limited Partnerships: Limited partnerships come in different forms, depending on the state (LP, LLP, LLLP). Though Limited Partnerships have their own purpose and place, for most cases we believe an LLC would serve its owners well enough, therefore at this point we do not cover Limited Partnerships.

Existing Out-of-State Companies

An existing company registered in another state or country (called “foreign corporation”, “foreign LLC”, etc) looking to conduct business in Illinois might be required to foreign qualify in Illinois. This rule typically applies to companies looking to open a physical branch in Illinois, lease an office or warehouse, hire employees, etc.

“Foreign” businesses that do not create “strong nexus” by moving physically to Illinois might still be required to obtain Certificate of Registration from Illinois Department of Revenue if selling taxable products or services using local dropshippers.

Existing Illinois Companies

Companies registered in Illinois enjoy from a wide spectrum of services provided by the Illinois Secretary of State and Illinois Department of Revenue. Such services include but not limited to:

• Amendment
• Dissolution
• Reinstatement
• Certified copies of company documents
• Certificate of Good Standing
• Apostilles

How Can We Help?

Our company specializes in working with state government agencies such as Illinois Secretary of State and Illinois Department of Revenue in order to make your business registration and maintenance easier and smoother. We invite you to browse our website to learn more about our services and prices – and never hesitate to contact us via via phone, chat, or email if you have any questions.

Sole Owners

1. Sole Proprietorship: Sole owners of Idaho-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Idaho Secretary of State is necessary, but it is recommended to obtain a Certificate of Assumed Business Name (ABN), and if you plan to hire employees then also obtain an EIN, HERE.

2. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners’ personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as “disregarded entity”, meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though – LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Idaho here.

3. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Idaho you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That’s one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Learn more about corporations here, and about the details of incorporating in Idaho here.

Partners

1. General Partnership: Like sole proprietorship, this entity type does not require registration with the Idaho Secretary of State, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to obtain a Certificate of Assumed Business Name (ABN), and obtain an EIN.

2. Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner.

3. Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners.

Keep in mind though – S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead.

4. Limited Partnerships: Limited partnerships come in different forms, depending on the state (LP, LLP, LLLP). Though Limited Partnerships have their own purpose and place, for most cases we believe an LLC would serve its owners well enough, therefore at this point we do not cover Limited Partnerships.

Existing Out-of-State Companies

An existing company registered in another state or country (called “foreign corporation”, “foreign LLC”, etc) looking to conduct business in Idaho might be required to foreign qualify in Idaho. This rule typically applies to companies looking to open a physical branch in Idaho, lease an office or warehouse, hire employees, etc.

“Foreign” businesses that do not create “strong nexus” by moving physically to Idaho might still be required to obtain Sales Tax Permit from Idaho State Tax Commission if selling taxable products or services using local dropshippers.

Existing Idaho Companies

Companies registered in Idaho enjoy from a wide spectrum of services provided by the Idaho Secretary of State and Idaho State Tax Commission. Such services include but not limited to:

• Amendment
• Dissolution
• Reinstatement
• Certified copies of company documents
• Certificate of Good Standing
• Apostilles

How Can We Help?

Our company specializes in working with state government agencies such as Idaho Secretary of State and Idaho State Tax Commission in order to make your business registration and maintenance easier and smoother. We invite you to browse our website to learn more about our services and prices – and never hesitate to contact us via via phone, chat, or email if you have any questions.

Sole Owners

1. Sole Proprietorship: Sole owners of Hawaii-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Hawaii Department of Commerce and Consumer Affairs is necessary, but it is recommended to register a trade name (DBA), and if you plan to hire employees then also obtain an EIN, HERE.

2. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners’ personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as “disregarded entity”, meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though – LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Hawaii here.

3. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Hawaii you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That’s one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Learn more about corporations here, and about the details of incorporating in Hawaii here.

Partners

1. General Partnership: Like sole proprietorship, this entity type does not require registration with the Hawaii Department of Commerce and Consumer Affairs, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to register a trade name (DBA), and obtain an EIN.

2. Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner.

3. Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners.

Keep in mind though – S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead.

4. Limited Partnerships: Limited partnerships come in different forms, depending on the state (LP, LLP, LLLP). Though Limited Partnerships have their own purpose and place, for most cases we believe an LLC would serve its owners well enough, therefore at this point we do not cover Limited Partnerships.

Existing Out-of-State Companies

An existing company registered in another state or country (called “foreign corporation”, “foreign LLC”, etc) looking to conduct business in Hawaii might be required to foreign qualify in Hawaii. This rule typically applies to companies looking to open a physical branch in Hawaii, lease an office or warehouse, hire employees, etc.

“Foreign” businesses that do not create “strong nexus” by moving physically to Hawaii might still be required to obtain General Excise Tax License from Hawaii Department of Taxation if selling taxable products or services using local dropshippers.

Existing Hawaii Companies

Companies registered in Hawaii enjoy from a wide spectrum of services provided by the Hawaii Department of Commerce and Consumer Affairs and Hawaii Department of Taxation. Such services include but not limited to:

• Amendment
• Dissolution
• Reinstatement
• Certified copies of company documents
• Certificate of Good Standing
• Apostilles

How Can We Help?

Our company specializes in working with state government agencies such as Hawaii Department of Commerce and Consumer Affairs and Hawaii Department of Taxation in order to make your business registration and maintenance easier and smoother. We invite you to browse our website to learn more about our services and prices – and never hesitate to contact us via via phone, chat, or email if you have any questions.

Sole Owners

1. Sole Proprietorship: Sole owners of Georgia-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Georgia Secretary of State is necessary, but it is recommended to register a trade name (DBA), and if you plan to hire employees then also obtain an EIN, HERE.

2. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners’ personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as “disregarded entity”, meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though – LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Georgia here.

3. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Georgia you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That’s one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Learn more about corporations here, and about the details of incorporating in Georgia here.

Partners

1. General Partnership: Like sole proprietorship, this entity type does not require registration with the Georgia Secretary of State, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to register a trade name (DBA), and obtain an EIN.

2. Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner.

3. Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners.

Keep in mind though – S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead.

4. Limited Partnerships: Limited partnerships come in different forms, depending on the state (LP, LLP, LLLP). Though Limited Partnerships have their own purpose and place, for most cases we believe an LLC would serve its owners well enough, therefore at this point we do not cover Limited Partnerships.

Existing Out-of-State Companies

An existing company registered in another state or country (called “foreign corporation”, “foreign LLC”, etc) looking to conduct business in Georgia might be required to foreign qualify in Georgia. This rule typically applies to companies looking to open a physical branch in Georgia, lease an office or warehouse, hire employees, etc.

“Foreign” businesses that do not create “strong nexus” by moving physically to Georgia might still be required to obtain Sales & Use Tax Certificate from Georgia Department of Revenue if selling taxable products or services using local dropshippers.

Existing Georgia Companies

Companies registered in Georgia enjoy from a wide spectrum of services provided by the Georgia Secretary of State and Georgia Department of Revenue. Such services include but not limited to:

• Amendment
• Dissolution
• Reinstatement
• Certified copies of company documents
• Certificate of Good Standing
• Apostilles

How Can We Help?

Our company specializes in working with state government agencies such as Georgia Secretary of State and Georgia Department of Revenue in order to make your business registration and maintenance easier and smoother. We invite you to browse our website to learn more about our services and prices – and never hesitate to contact us via via phone, chat, or email if you have any questions.

Sole Owners

1. Sole Proprietorship: Sole owners of Florida-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with the Florida Secretary of State is necessary, but it is recommended to register a Fictitious Name (DBA), and if you plan to hire employees, then also obtain an EIN, HERE.

2. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners’ personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as “disregarded entity”, meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though – LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Florida here.

3. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Florida you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That’s one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Learn more about corporations here, and about the details of incorporating in Florida here.

Partners

1. General Partnership: Like sole proprietorship, this entity type does not require registration with the Florida Secretary of State, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to register a Fictitious Name (DBA), and obtain an EIN.

2. Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner.

3. Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners.

Keep in mind though – S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead.

4. Limited Partnerships: Limited partnerships come in different forms, depending on the state (LP, LLP, LLLP). Though Limited Partnerships have their own purpose and place, for most cases we believe an LLC would serve its owners well enough, therefore at this point we do not cover Limited Partnerships.

Existing Out-of-State Companies

An existing company registered in another state or country (called “foreign corporation”, “foreign LLC”, etc) looking to conduct business in Florida might be required to foreign qualify in Florida. This rule typically applies to companies looking to open a physical branch in Florida, lease an office or warehouse, hire employees, etc.

“Foreign” businesses that do not create “strong nexus” by moving physically to Florida might still be required to obtain Sales & Use Tax Certificate from Florida Department of Revenue if selling taxable products or services using local dropshippers.

Existing Florida Companies

Companies registered in Florida enjoy from a wide spectrum of services provided by the Florida Secretary of State and Florida Department of Revenue. Such services include but not limited to:

• Amendment
• Dissolution
• Reinstatement
• Certified copies of company documents
• Certificate of Good Standing
• Apostilles

How Can We Help?

Our company specializes in working with state government agencies such as Florida Secretary of State and Florida Department of Revenue in order to make your business registration and maintenance easier and smoother. We invite you to browse our website to learn more about our services and prices – and never hesitate to contact us via via phone, chat, or email if you have any questions.

Recent Developments in Nevada

It is safe to assume that vast majority of companies registered in Nevada have no physical connection to the state whatsoever. However, recent political and fiscal developments in Nevada, which brough introduction of expensive Business License and Initial List filing requirements, as well as outrageous renewal fees and rough treatement of delinquient businesses, have significantly reduced the attractiveness of the state.

Nevada is now considered “the worst state to do business in” by the non-partisan Tax Foundation that has pointed to the new changes to Nevada taxation. Recently, annual list and business license fees which were already the 3rd highest in the nation were increased to $350 for LLCs and a whopping $650 a year for profit corporations. Nevada also has a new “Commerce Tax” on your GROSS REVENUE if your combined gross revenue of all of your Nevada business entities is over $4 million per year! In other words, the state will combine the income of multiple corporations of any common owner and apply the Commerce Tax if the combined revenue reaches the $4 million threshold.

For the last several years there was a steady outflow of companies from Nevada, primarily to a much more friendly Wyoming through the process of domestication. No positive change is expected any time soon, and this is one of the reasons we often recommend our clients, looking to incorporate in Nevada, to consider Wyoming or Delaware instead.

Another important question to consider is a question of nexus – if your business is physically located in another state, and you think that by registering it in Nevada you can escape registration in your state (for example, notoriously expensive California), we have to disappoint you. Even though your business will be organized under the Nevada law, you will still have to foreign qualify it in your state, which in other words means you will have to maintain two (most probably expensive) entities instead of one.

Businesses Physically Located in Nevada

If you decided to open a new business that will be based in Nevada you can choose from several options:

Sole Owners

1. Sole Proprietorship: Sole owners of Nevada-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Nevada Secretary of State is necessary, but it is recommended to register a Fictitious Firm Name (DBA), and if you plan to hire employees then also obtain an EIN.

2. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners’ personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as “disregarded entity”, meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though – LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Nevada here.

3. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs , but provide similar limited liability protection. That’s one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Learn more about corporations here, and about the details of incorporating in Nevada here.

Partners

1. General Partnership: Like sole proprietorship, this entity type does not require registration with the Nevada Secretary of State, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to register a Fictitious Firm Name (DBA), and obtain an EIN, HERE.

2. Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner.

3. Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners.

Keep in mind though – S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead.

4. Limited Partnerships: Limited partnerships come in different forms, depending on the state (LP, LLP, LLLP). Though Limited Partnerships have their own purpose and place, for most cases we believe an LLC would serve its owners well enough, therefore at this point we do not cover Limited Partnerships.

Existing Out-of-State Companies

An existing company registered in another state or country (called “foreign corporation”, “foreign LLC”, etc) looking to conduct business in Nevada might be required to foreign qualify in Nevada. This rule typically applies to companies looking to open a physical branch in Nevada, lease an office or warehouse, hire employees, etc.

“Foreign” businesses that do not create “strong nexus” by moving physically to Nevada might still be required to obtain Sales Tax Permit from Nevada Tax Commission if selling taxable products or services using local dropshippers.

Existing Nevada Companies

Companies registered in Nevada enjoy from a wide spectrum of services provided by the Nevada Secretary of State and Nevada Tax Commission. Such services include but not limited to:

• Amendment
• Dissolution
• Reinstatement
• Certified copies of company documents
• Certificate of Good Standing
• Apostilles

How Can We Help?

Our company specializes in working with state government agencies such as Nevada Secretary of State and Nevada Tax Commission in order to make your business registration and maintenance easier and smoother. We invite you to browse our website to learn more about our services and prices – and never hesitate to contact us via via phone, chat, or email if you have any questions.

Sole Owners

1. Sole Proprietorship: Sole owners of Texas-based businesses could opt for sole proprietorship as the easiest form of business organization. Not the most recommended, given the liability a sole proprietor assumes as a result of owning a business. No registration with Texas Secretary of State is necessary, but it is recommended to register an Assumed Name, and if you plan to hire employees then also obtain an EIN. HERE.

2. Single Member LLC: Limited liability company, as the name suggests, is an entity that allows its owners to limit the liability of the business to the entity itself, shielding the owners’ personal assets. This type of entity is recommended for most small businesses.

By default your LLC will be taxed as “disregarded entity”, meaning you will file your LLC tax return as part of your personal tax return. Keep in mind though – LLC is a flexible entity, which means you have the option of electing it to be taxed as S-Corp (assuming you are a U.S. person) or C-Corp. Learn more about LLC here, and about the details of forming LLC in Texas here.

3. Corporation: You can also form a corporation and be a sole shareholder with 100% of all shares. Corporations have more formalities than LLCs (for example in Texas you are required to have bylaws and maintain minutes of meetings in corporate records), but provide similar limited liability protection. That’s one of the reasons this entity type is often more suitable for bigger companies, or those who seek major investment.

Corporations can be taxed as S-Corp or C-Corp, with each form of taxation having its pros and cons. Keep in mind, you can elect your corporation to be S-Corp only if you, as the sole shareholder, are a U.S. person.

Learn more about corporations here, and about the details of incorporating in Texas here.

Partners

1. General Partnership: Like sole proprietorship, this entity type does not require registration with the Texas Secretary of State, but it also does not protect the owners from business liability, and therefore is usually not recommended. A General Partnership needs to register an Assumed Name, and obtain an EIN.

2. Multiple Member LLC: like Single Member LLC for sole owner, Multiple Member LLC is often the entity of choice for small and new businesses with more than one partner.

3. Corporation: Since corporation can have many shareholders, and transfering ownership is relatively easy (though share transfer) corporation might be a good choice of entity for business with partners.

Keep in mind though – S Corporations are limited to 100 shareholders who must be physical U.S. persons. That means corporations owned (partially or fully) by non-U.S. persons or legal entities, cannot be elected as S-Corp, and therefore subject to double taxation of an C-Corp. In cases like that it would be recommended to consider choosing LLC instead.

4. Limited Partnerships: Limited partnerships come in different forms, depending on the state (LP, LLP, LLLP). Though Limited Partnerships have their own purpose and place, for most cases we believe an LLC would serve its owners well enough, therefore at this point we do not cover Limited Partnerships.

Existing Out-of-State Companies

An existing company registered in another state or country (called “foreign corporation”, “foreign LLC”, etc) looking to conduct business in Texas might be required to foreign qualify in Texas. This rule typically applies to companies looking to open a physical branch in Texas, lease an office or warehouse, hire employees, etc.

“Foreign” businesses that do not create “strong nexus” by moving physically to Texas might still be required to obtain Sales Tax Permit from Texas Comptroller of Public Accounts if selling taxable products or services using local dropshippers.

Existing Texas Companies

Companies registered in Texas enjoy from a wide spectrum of services provided by the Texas Secretary of State and Texas Comptroller of Public Accounts. Such services include but not limited to:

• Amendment
• Dissolution
• Reinstatement
• Certified copies of company documents
• Certificate of Good Standing
• Apostilles

How Can We Help?

Our company specializes in working with state government agencies such as Texas Secretary of State and Texas Comptroller of Public Accounts in order to make your business registration and maintenance easier and smoother. We invite you to browse our website to learn more about our services and prices – and never hesitate to contact us via via phone, chat, or email if you have any questions.