Legal Considerations for Doing Business in Mexico

What are the legal considerations for doing business in Mexico? There are no restrictions on doing business with certain countries or jurisdictions. However, the bye-laws and other documents of foreign companies must not be contrary to the rules of public order established by Mexican law. 5. Are there any exchange control or currency regulations? Read … Read more

Is An LLC A Corporation In California?

Is an LLC a corporation in California? Limited Liability Company (LLC. A California LLC generally offers liability protection similar to that of a corporation but is taxed differently. Domestic LLCs may be managed by one or more managers or one or more members. Read more on www.sos.ca.gov An LLC is not a corporation in California. … Read more

Understanding Delaware Limited Partnership

What is a Delaware limited partnership? Forming a Limited Partnership in Delaware. A Limited Partnership is formed by one or more General Partners and at least one or more Limited Partners. The Limited Partners have limited liability ? meaning no liability for the company’s debts, obligations, or actions. Read more on www.advantage-de.com A business structure … Read more

Starting a Close Corporation: What You Need to Know

Can you start a close corporation? Can I register a new close corporation (CC)? No, after the implementation of the new Companies Act (Act) no CC can be registered and no conversions from Companies to CCs will be allowed. However, the existing CCs will be maintained. Read more on www.cipc.co.za If you’re considering launching a … Read more

The Role of a Managing Member in an LLC

What is a manager member? A managing member is a person who is involved in the daily management of a company. The managing member has an interest in the business as an owner. This person is also in an authoritative position that allows him or her to represent the company in contract negotiations and agree … Read more

How Long Does it Take to Create an LLC in Alabama?

How long does it take to create an LLC in Alabama? Step 3: File the Alabama Certificate of Formation. Also be sure to attach the Name Reservation Certificate from Step 1. Expect the LLC approval process to take around two weeks (3-4 days for the Judge of Probate and ten days for the Secretary of … Read more

Is a Certificate of Good Standing Required in Nebraska?

Is a certificate of good standing required in Nebraska? Nebraska businesses are not legally required to obtain a certificate of good standing. However, your business may choose to get one if you decide to do business outside of Nebraska or get a business bank account. Read more on howtostartanllc.com If you own a business in … Read more

Does Indiana Require an Annual Report?

Does Indiana require an annual report? Indiana Annual Report Information. Businesses and nonprofits are required to file annual reports to stay in good standing with the secretary of state. Read more on www.harborcompliance.com One of the few states, Indiana, does not demand that companies provide annual reports. In Indiana, firms must instead submit a biennial … Read more

Is LLC available in Canada?

The LLC form of business ownership does not exist in Canada. While it’s common for owners to set up LLCs in the United States and other countries (including the U.K., Switzerland, Chile, Colombia, Italy, Japan, and India), this is not an option for Canadian business owners. Read more on www.thebalancesmb.com If you’re a Canadian business … Read more