Unlocking Your Business Potential
Do you have to renew LLC Every year in Colorado? Every year, you are required by the state of Colorado to file a periodic report. This legal requirement by the state keeps the state updated as to the status of your LLC. The annual fee, as of this writing, for periodic report filing is $10 … Read more
What is the Indiana business flexibility Act? The Act includes a broad statement that Indiana policy “”is to give the maximum effect to the principle of freedom of contract and to the enforceability of operating agreements of limited liability companies.”” This gives LLC members authority to create enforceable business arrangements in their operating agreements even … Read more
Do I need a DBA for my LLC in Texas? Texas requires that all corporations, limited liability companies (LLCs), limited partnerships (LPs), limited liability partnerships (LLPs), or out of state companies that regularly transact business in Texas under a name different from their legal name, must file a DBA with the Texas Secretary of State. … Read more
How do I close a sole proprietorship in Utah? Utah requires business owners to submit their Statement of Dissolution by mail. You can also have a professional service provider file your Articles of Dissolution for you. Incfile prepares the Articles of Dissolution for you, and files them to the state for $149 + State Fees. … Read more
Can an LLC own property in Texas? A Limited Liability Company, also known as an LLC, is a common type of entity which may be used to own real estate. A Texas LLC for real estate offers a number of benefits for property owners. One such benefit is that an LLC may help protect you … Read more
Is a DBA considered a sole proprietorship? Is DBA and sole proprietorship the same? Technically speaking, no. A sole proprietorship is a legal structure (like LLC or Corporation), and a DBA is not. A DBA is a legal requirement to operate your business with a trade name or a pseudonym different from your registered legal … Read more
How are series LLCs taxed? The IRS issued Proposed Series LLC Regulations in September 2010 (Reg-119921-09) to settle treatment of Series LLCs and their series for income tax purposes and concluded that each series of a Series LLC is to be treated as a separate entity for federal income tax purposes regardless of its state … Read more
Can you domesticate an LLC in Virginia? Virginia allows corporations, limited liability companies and business trusts to change their state of formation by filing articles of domestication. Domestication can occur both ways if allowed by the other jurisdiction (foreign to Virginia and Virginia to foreign). Read more on scc.virginia.gov Virginia is a well-liked choice for … Read more
Does operating agreement need be filed with the state of Texas? Texas does not require an operating agreement in order to form an LLC, but executing one is highly advisable. The operating agreement does not need to be filed with the state. Read more on www.dmlp.org You might be asking whether you must submit an … Read more
How do I start a LLC in Texas? Here are the steps for forming an LLC in Texas: Step 1: Choose a Name for Your LLC. Step 2: Choose a Registered Agent in Texas. Step 3: Obtain Texas Business Permits. Step 4: File Certificate of Formation. Step 5: Draft an LLC Operating Agreement. Step 6: … Read more