Wisconsin LLC Operating Agreement: Does Wisconsin Require an Operating Agreement?

Does Wisconsin require an operating agreement? Every Wisconsin LLC owner should have an operating agreement in place to protect the operations of their business. While not legally required by the state, having an operating agreement will set clear rules and expectations for your LLC while establishing your credibility as a legal entity. Read more on … Read more

How to Find the Owner of an LLC in Alabama

How do you find the owner of an LLC in Alabama? Welcome to the Secretary of State’s Government Records Inquiry System. This facility provides you easy access to public information maintained by the Secretary of State’s office in electronic format. If you are searching for certain corporation records from 1949-2010, please visit https://www.archives.alabama.gov. Read more … Read more

Can a Wyoming LLC Operate in Florida?

Can a Wyoming LLC operate in Florida? Forming an LLC in Another State. For these industries, a Wyoming company can be a good fit. However, if you have W2 employees, or a physical presence in Florida, then you require a Florida LLC as you’re doing business here. Do note, this does not mean your Florida … Read more

Does Virginia Allow PLLC?

Professional Limited Liability Companies (PLLCs) are legitimate business entities in Virginia. PLLCs are specialist companies that provide expert services including accounting, engineering, legal, and medical advice. PLLCs are created especially for licensed professionals and offer the same level of legal protection as a Limited Liability Company (LLC). You must first get the licenses and certificates … Read more

Can an LLC own stock?

An LLC can buy stocks, just like any individual. Once organized under state law, an LLC can do many of the same things as individuals, including buy stock. LLCs are registered by the states — usually by filing LLC articles of organization through the Secretary of State’s office. Read more on www.fool.com A common business … Read more

The Disadvantage of an LLC: Understanding the Risks

What is the disadvantage of an LLC? Disadvantages of creating an LLC. Cost: An LLC usually costs more to form and maintain than a sole proprietorship or general partnership. States charge an initial formation fee. Many states also impose ongoing fees, such as annual report and/or franchise tax fees. Read more on www.wolterskluwer.com Due to … Read more

Do You Have to Pay the $800 California S Corp Fee the First Year?

Do you have to pay the $800 California S Corp fee the first year? California law generally imposes a minimum franchise tax of $800 on every corporation incorporated, qualified to transact business, or doing business in California. A corporation that incorporates or qualifies to do business in California is exempt from paying the minimum franchise … Read more

Is a Fictitious Name the Same as a Sole Proprietorship?

Is a fictitious name the same as a sole proprietorship? As a sole proprietor, by default, the legal name of your business is your own name. But you can choose to operate the business under another name, known as a “”fictitious business name”” or “”doing business as”” (DBA). Most states require you to file an … Read more

How to Incorporate in Arkansas: A Step-by-Step Guide

How do I incorporate in Arkansas? To start a corporation in Arkansas, you’ll need to do three things: appoint a registered agent, choose a name for your business, and file Articles of Incorporation with the Arkansas Secretary of State. You can file this document online or by mail. The articles cost $50 to file ($45 … Read more