Business Law

How do I activate an inactive LLC in Florida? To reinstate a Florida LLC, you must file a Limited Liability Company Reinstatement with the Division of Corporations. There is a a $100 reinstatement fee, as well as a $138.75 Annual Report fee for each year or portion of a year in which your LLC was … Read more

What is a legal form of business? The most common forms of business are the sole proprietorship, partnership, corporation, and S corporation. A Limited Liability Company (LLC) is a business structure allowed by state statute. Legal and tax considerations enter into selecting a business structure. Read more on www.irs.gov The structure a business adopts in … Read more

What is an Illinois close corporation? An Illinois close corporation is commonly referred to as corporation that is owned, controlled and managed by a small group of people ? most often family members. The statutory provisions of an Illinois close corporation can be found in Article 2A of the Illinois Business Corporation Act. Read more … Read more

Does an LLC expire in Texas? You can file your Texas LLC annual report with the Comptroller of Public Accounts. The type of forms your LLC must file depends on its total annualized revenue and whether it owes franchise tax. Due Date: Texas LLC annual reports are due by May 15 every year. Read more … Read more

What is a single member LLC operating agreement? A single-member operating agreement is a document written for a limited liability company (LLC) with only one (1) owner. The form is to be used to help solidify the LLC’s status as a separate entity from the owner’s personal assets. Read more on eforms.com A well-liked business … Read more

What does it mean if LLC is inactive? When a company has an inactive business status, this means that it still exists in the eyes of the law but that it has no activity taking place. It could also mean that it has had no business transactions take place in a particular year. Read more … Read more

What happens if I don’t use my LLC? But even though an inactive LLC has no income or expenses for a year, it might still be required to file a federal income tax return. LLC tax filing requirements depend on the way the LLC is taxed. An LLC may be disregarded as an entity for … Read more

What is an operating agreement for an S Corp? An S corp operating agreement is a business entity managing document. Typically, an operating agreement is a document that defines how a limited liability company will be managed. An S corp actually uses corporate bylaws and articles of incorporation for the purpose of organizing the business … Read more

Can a sole trader have a trading name? You can trade under your own name, or you can choose another name for your business. You do not need to register your name. You must include your name and business name (if you have one) on official paperwork, for example invoices and letters. Read more on … Read more

How long does it take to get an LLC in Oregon? How long does it take to form an LLC in Oregon? Filing the Articles of Organization takes 24 hours online or about 3 to 5 days by mail. Read more on howtostartanllc.com One of the initial stages if you’re thinking about creating a business … Read more