Business Law

How many LLC can I have in Florida? The State of Florida allows you to own multiple LLCs. However, whether you’re considering forming one for another business or are seeking to invest in different enterprises, there are things you need to know before making that decision. Read more on flpatellaw.com A Limited Liability Company (LLC) … Read more

Is there a president in an LLC? Your LLC isn’t required by law to have a board of directors and named officers such as a president and treasurer. You can name yourself the CEO and/or president, principal, managing partner, director of operations, or a similar term. Read more on www.legalzoom.com A business structure known as … Read more

Does Illinois require annual reports? All Illinois corporations, LLCs, nonprofits, and LPs must file an annual report each year with the Illinois Secretary of State, Department of Business Services. In addition to filing an annual report, every corporation must also pay an annual franchise tax. Read more on www.northwestregisteredagent.com Illinois demands yearly reports from businesses, … Read more

Is registering a trademark same as registering a business? Your business registration acts in a similar way. It tells someone who your entity is and where it’s from. A trademark registration, on the other hand, is property you own. Read more on www.garbislaw.com There are many legal criteria to take into account when beginning a … Read more

Arizona has more than 550,000 small businesses, those with fewer than 500 employees. The success of Arizona’s small and medium-sized businesses is critical to the economic vitality of those families, their communities and the state. Read more on www.azcommerce.com According to the Small Business Administration, a small business is one that employs less than 500 … Read more

How do I dissolve an S Corp in KY? File with the Secretary of State: When a corporation wishes to cease doing business, Articles of Dissolution must be filed with the Secretary of State if authorized by statute. Articles of Dissolution for a business corporation must comply with KRS 271B. Read more on onestop.ky.gov There … Read more

How do I close an LLC in Alabama? To dissolve your limited liability company in Alabama, you must provide the completed original and two copies of the Domestic LLC Articles of Dissolution form to the Judge of Probate in the county where the original Certificate of Formation was recorded, by mail or in person. The … Read more

Technically, your Oklahoma LLC is still a “”legal entity”” with the state and the law, but your LLC is a “”tax entity”” (either a Sole Proprietorship or Partnership) with the IRS. Additionally, your tax professional may recommend that your Oklahoma LLC be taxed as a Corporation with the IRS. Read more on www.llcuniversity.com In Oklahoma, … Read more

What is the responsibility of a statutory agent? More commonly known as a registered agent, a statutory agent is an individual or entity appointed by a Limited Liability Company, S Corporation, C Corporation, or other legal business entity to accept legal documents, government correspondence, and compliance paperwork on its behalf. Read more on www.corpnet.com A … Read more

Do you need a registered agent for an LLC in PA? Every Pennsylvania LLC must have an agent for service of process in the state. In Pennsylvania, this is called a registered office (most other states require a registered agent). This is an individual or business entity that agrees to accept legal papers on the … Read more