Business Law

Is Texas a good state to form an LLC? Texas offers many advantages to LLCs formed in the state. Notably, its business environment and economic strength, asset protection for the members of the LLC, tax benefits, and a great deal of flexibility. If your business has a physical location in Texas, it is probably best … Read more

Do you have to register a DBA in Utah? In Utah, if a business wants to operate using a DBA, it must register the fictitious name with the Utah Division of Corporations and Commercial Code. The DBA registration is valid for three years. If the registration is not renewed after three years, the DBA expires. … Read more

Can I use an LLC as a holding company? An LLC most certainly can be a holding company. In fact, in most cases the limited liability company is the most desirable business entity. This is due to their flexibility, pass through tax status and strong protections from personal creditors. Read more on wyomingllcattorney.com A limited … Read more

Does a LLC need an operating agreement? All LLC’s should have an operating agreement, a document that describes the operations of the LLC and sets forth the agreements between the members (owners) of the business. LLCs are formed under state laws, so the requirement to have an operating agreement is different for each state. Read … Read more

Can Wyoming LLC have out of state address? If you live in another state, you can form a Wyoming LLC even if you don’t live in Wyoming. However, you may need to register it as a foreign LLC in the state where you live if you’ll also be doing business there. Read more on www.wyomingllcs.com … Read more

Does Virginia require PLLC? Virginia does not require PLLCs to file Annual Reports. However, your PLLC will still need to pay an annual registration fee of $50. Read more on incorporationguru.com If you own a business in Virginia, you might be unsure of whether you require a professional limited liability company (PLLC) or whether a … Read more

Why is Delaware better for LLC? Delaware LLCs provide liability protection for owners.. One of the most appealing advantages of a properly formed LLC is the liability protection it offers business owners. Delaware takes this protection one step further by protecting the LLC from its members’ creditors. Read more on www.incorporate.com Where to incorporate your … Read more

But you’ll first need to pick a business name and registered agent. It takes about five business days for the state to process Articles of Organization unless you pay an additional $25 for next-day processing. Here, we give detailed instructions for forming your Wisconsin LLC and getting it ready to do business. Read more on … Read more

What does intent to dissolve mean? If enough votes support the dissolution, then the intent to dissolve is filed with the state. After the document has been filed with the state, the company begins the process of winding down. This process includes liquidating assets and paying off debts. There are no remaining legal actions against … Read more

Do you have to renew your LLC Every year in Illinois? In Illinois, an annual report is a regular filing that your LLC must complete every year to update your business information, including: Principal business address. Read more on howtostartanllc.com If you are an Illinois resident who owns a limited liability company (LLC), you might … Read more