Business Law

Can you backdate an LLC? Typically, no, you can’t back-date your LLC filing. Your LLC cannot be back-dated to match the start date of your Sole Proprietorship. Your LLC is considered a “”new business””. Read more on www.llcuniversity.com It is crucial to have accurate and current documents when setting up a Limited Liability Company (LLC). … Read more

What is an LLC 5? The LLC-5 is a California State form used when a domestic limited liability company formed in another state (or country) wishes to become a foreign limited liability company in California. Read more on www.corpnet.com You may have heard of an LLC 5 form if you intend to launch a firm … Read more

Does LLC debt count as personal debt? If you are an owner of a corporation or LLC, you are a separate entity from the business, and the business isn’t responsible for your personal debts. Read more on www.nolo.com Understanding the legal system and how it affects one’s money and personal accountability is crucial when starting … Read more

How do I change ownership of an LLC in NY? Complete and file the Certificate of Change with the Department of State. The completed Certificate of Change, together with the $30 filing fee, should be forwarded to: New York Department of State, Division of Corporations, One Commerce Plaza, 99 Washington Avenue, Albany, NY 12231. Read … Read more

Do I need a DBA in Maryland? Maryland requires that all sole proprietorships, general partnerships, corporations, limited liability companies (LLCs), limited partnerships (LPs), limited liability partnerships (LLPs), or out of state companies that regularly transact business in Maryland under a name different from their legal name, must file a DBA Read more on www.crowdspring.com What … Read more

Can a CPA firm be an LLC in California? Can a CPA firm be an LLC in California? According to Corporate Code Section 17375, accountants cannot practice accountancy as an LLC and must form a professional corporation, based on underlying Corporate Code concerning Professional Corporations. Read more on mollaeilaw.com A Certified Public Accounting (CPA) firm … Read more

Can my nonprofit have the same name as my LLC? Yes, but the nonprofit has to be careful how the LLC is set up. If it is the sole owner of the LLC, then the LLC would be disregarded for tax purposes, and the nonprofit is the actual taxpayer. Read more on www.quora.com It is … Read more

What is an authorized signer on a LLC? An authorized signer is someone recognized by the company as being able to sign documents on its behalf. An LLC can grant this signature authority to one or more people for all financial and legal documents and accounts or can grant it for specific transactions or accounts. … Read more

Does CT require LLC Operating Agreement? An LLC operating agreement is not required in Connecticut, but is highly advisable. This is an internal document that establishes how your LLC will be run. It sets out the rights and responsibilities of the members and managers, including how the LLC will be managed. Read more on www.nolo.com … Read more

Does Wyoming require Articles of Organization? An approved articles of organization is required for all LLCs before it can legally operate and proceed further in the business. For example, you must have an approved articles of organization before you can obtain an Employer Identification Number (EIN). Read more on wyomingllcattorney.com Wyoming is a state that … Read more