Business Law

Do I have to renew my LLC every year in Oklahoma? All LLCs doing business in Oklahoma must file an Annual Certificate (Annual Report) every year. You need to file an Annual Certificate in order to keep your Oklahoma LLC in compliance and in good standing with the Secretary of State. Read more on www.llcuniversity.com … Read more

What is a foreign LLC in Oregon? What is a Foreign LLC? For Oregon purposes, if your LLC is formed in another state, then it is known as a foreign LLC in Oregon. In other words, foreign doesn’t mean from another country. Instead, it means your business was organized under the laws of another state. … Read more

Can an LLC own multiple LLCs? Yes, multiple LLCs can have one owner. You can own as many LLCs as you want, but you would have to file a separate filing form for each of them, and also pay the filing fee, which is about $100 per LLC. Read more on fortunly.com An LLC, or … Read more

¿Qué es un LLC en EEUU? Read more on www.irs.gov Due to its adaptability and protection of personal assets, a Limited Liability Company (LLC) is a type of corporate organization that is common in the United States (US). Because it combines the limited liability protection of a corporation with the pass-through taxation of a partnership … Read more

Why is Nevada the best state for LLC? One major perk of becoming an LLC in Nevada is the lack of taxes you have to pay. Nevada does not have corporate income, personal income, or franchise taxes. However, business owners must pay annual filing and business license fees. If you’re seeking some privacy, Nevada may … Read more

How do you structure a parent LLC? Follow these steps to transform your LLC into a parent LLC. Choose the Entity Type. Your subsidiary will either be a corporation or another LLC. Choose a State. Choose a Name. Draft and File Formation Documents. Capitalize the New Subsidiary. Complete the Subsidiary’s Initial Documentation. Read more on … Read more

Can an LLC have multiple subsidiaries? The answer is yes–it is possible and permissible to operate multiple businesses under one LLC. Many entrepreneurs who opt to do this use what is called a “”””Fictitious Name Statement”””” or a “”””DBA”””” (also known as a “”””Doing Business As””””) to operate an additional business under a different name. … Read more

What are C Corp requirements? Although requirements vary across jurisdictions, C corporations are required to submit state, income, payroll, unemployment, and disability taxes. In addition to registration and tax requirements, corporations must establish a board of directors to oversee management and the operation of the entire corporation. Read more on www.investopedia.com Selecting the appropriate legal … Read more

Does Montana allow domestication of LLC? How do you define “”domestications””? In Michigan a foreign would qualify here to do business. also allows for it. The State of Montana does not allow for domestication of Foreign LLC’s. Read more on www.iaca.org If you’re considering launching a business in Montana, you may be asking whether domesticating … Read more

What is an S corporation in Massachusetts? Entities that are S corporations for federal purposes are S corporations for Massachusetts purposes, with the exception of security corporations. An S corporation’s income, losses, and deductions are passed through to the shareholders, and are reported and taxed on the shareholders’ individual returns. Read more on www.mass.gov S … Read more