Business Law

Can you have multiple businesses under one LLC? Jun 26, 2019. When starting your company, you might be wondering whether you can trade under different names. The answer is that you can, and you can also do this in multiple ways. Read more on lawpath.com.au Entrepreneurs frequently find themselves with a variety of business endeavors … Read more

What does company status in existence mean? The term states that a corporation exists as its own entity, regardless of what happens to the individuals involved in the business. Read more on www.findlaw.com The company’s position in existence should be taken into account when beginning a firm. This status denotes whether the company is still … Read more

Is operating agreement required for single-member LLC in Delaware? Delaware does NOT require an operating agreement. However, it is highly recommended to have a LLC operating agreement even if you are only a single member LLC. The state of Delaware recognizes operating agreements and governing documents. Read more on www.delawarebusinessincorporators.com Due to its advantageous business … Read more

What is a Professional LLC in Alabama? What is an Alabama PLLC? An Alabama PLLC is an LLC formed specifically by people who will provide Alabama licensed professional services. Like other LLCs, PLLCs protect their individual members from people with claims for many (but not all) types of financial debts or personal injuries. Read more … Read more

Due to their limited liability protection and pass-through taxation, LLCs, also known as limited liability partnerships, are a common business structure among entrepreneurs. However, the question of whether non-US citizens can form LLCs arises. Yes, it is the answer. Non-US citizens are permitted to create LLCs in the US, but depending on the state in … Read more

How do I incorporate in Wyoming? How to Incorporate in Wyoming. To start a corporation in Wyoming, you’ll need to do three things: appoint a registered agent, choose a name for your business, and file Articles of Incorporation with the Secretary of State. You can file this document online or by mail. The articles cost … Read more

How do I change from single-member to multi member LLC? The only things that are officially required for a multiple-member LLC to become a single-member LLC are the sale of the membership interest of the leaving member(s) to the remaining member and the filing of a new tax election form. Read more on info.legalzoom.com You … Read more

Is real estate a professional LLC? The difference between an LLC and a PLLC is mainly that only licensed professionals such as architects, doctors, lawyers, real estate agents and accountants can form PLLCs. Each state has very specific rules and regulations about the creation of LLCs and PLLCs for certain services. Read more on www.upcounsel.com … Read more

The reason why LLCs cannot obtain a non-profit tax exempt determination (also known as 501c3 status) is because LLCs have members who are the owners of the LLC. The only way to use an LLC to hold assets for a Non-Profit Corporation is to have the LLC be a qualified subsidiary of the Non-Profit Corporation. … Read more

The state of Michigan requires all business owners of limited liability companies (LLC) and corporations to file an annual report. An annual report is a filing that helps ensure the state’s records about a business entity are accurate. Read more on www.corpnet.com You might be asking if you must file an annual report if you … Read more