Business formation

Can an LLC own a S corp? An LLC can act as an investor in a corporation just like an individual would, but S corporations can only be owned by actual individuals. Even though an S corp cannot be owned by an LLC, an S corp can own an LLC. Shareholders cannot be any business … Read more

How much does it cost to set up an LLC in Tennessee? How much does it cost to form an LLC in Tennessee? The Tennessee Secretary of State charges $50 per LLC member included in the filing, with a minimum total fee of $300. The filing fee cannot exceed $3,000 for the Articles of Organization. … Read more

Does South Carolina distinguish between a member managed LLC and a manager managed LLC? The core difference between the two is that manager-managed LLCs can have passive investors written into the business structure. In member-managed LLCs, all owners have a voice proportional to their share. Read more on www.priorilegal.com Although it can be difficult, starting … Read more

How long does it take to get an LLC in Utah? You can get an LLC in Utah in 2 business days if you file online (or 2-3 weeks if you file by mail). Read more on www.llcuniversity.com If you want to start a limited liability corporation (LLC) in Utah and are curious how long … Read more

How much does a LLC cost in Alabama? The cost to start an Alabama limited liability company (LLC) online is $208. This fee is paid to the Alabama Secretary of State when filing the LLC’s Certificate of Formation. Use our free Form an LLC in Alabama guide to do it yourself. Read more on howtostartanllc.com … Read more

Where do I get an article of organization? If you have misplaced your articles of organization, you can find a copy on the Department or Secretary of State website for the state under which your company is filed. This is done through a business entity search. Read more on support.relayfi.com You’ve probably heard of “articles … Read more

What is a Delaware S Corporation? A Delaware S corporation is a business entity that can avoid federal income taxes by electing to be taxed under subchapter S of the Internal Revenue Code. This type of corporation is formed by creating a general corporation in Delaware and then filing IRS Form 2553 to select S … Read more

What are the benefits of an LLC in California? The key benefit of forming a limited liability company (LLC) in California is limited liability protection. Other California LLC benefits include: Pass-through taxation. Tax options like S corp. Simplicity. Ownership flexibility. Increased credibility. Name registration. Read more on howtostartanllc.com Due to their adaptability and security for … Read more

How do you create an LLC in Colorado? How to Start an LLC in Colorado Choose a Name for Your LLC. Under Colorado law, an LLC must contain the words or abbreviation “”limited liability company,”” “”ltd. Appoint a Registered Agent. File Articles of Organization. Prepare an Operating Agreement. Obtain an EIN. File Periodic (Annual) Reports. … Read more

Can a consulting business be an LLC? An LLC offers consultants the tax benefits of a partnership with the liability protection of a corporation. If you want to limit your liability for the debts of your consulting business and also avoid paying high corporate taxes, a limited liability company (LLC) might be the business entity … Read more