Setting Up an LLC in North Carolina: A Step-by-Step Guide

How do I set up an LLC in North Carolina? How to Start an LLC in North Carolina Choose a Name for Your LLC. Appoint a Registered Agent. File Articles of Organization. Prepare an Operating Agreement. Comply With Other Tax and Regulatory Requirements. File Annual Reports. Read more on www.nolo.com One of the greatest states … Read more

Which States Do Not Allow LLC Domestication?

Which states do not allow LLC domestication? States like Arkansas or New York, that have no provisions for domestication, cannot domesticate to California. States like Arizona and South Carolina only allow corporations to domesticate. Nebraska only allows insurance companies to domesticate. Read more on www.northwestregisteredagent.com Moving a company’s legal jurisdiction from one state to another … Read more

Creating an LLC in California: A Step-by-Step Guide

How do I create an LLC in California? How to Start an LLC in California Choose a Name for Your California LLC. File Articles of Organization with the Secretary of State. Choose a Registered Agent. Decide on Member vs. Prepare an Operating Agreement. File Biennial Report. Pay Your California State Tax Obligations. Comply With Other … Read more

Louisiana LLC Operating Agreement: Is it Required?

Does Louisiana require an operating agreement for LLC? Every Louisiana LLC owner should have an operating agreement in place to protect the operations of their business. While not legally required by the state, having an operating agreement will set clear rules and expectations for your LLC while establishing your credibility as a legal entity. Read … Read more

Removing Yourself from an LLC: A Guide

How do I remove myself from an LLC? The only way a member of an LLC may be removed is by submitting a written notice of withdrawal unless the articles of organization or the operating agreement for the LLC in question details a procedure for members to vote out others. Read more on www.upcounsel.com There … Read more

Nike: A Corporation or Partnership?

Is Nike a partnership or corporation? Nike, Inc. (/?na?ki/ or /?na?k/) (commonly known as Nike) is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services. Read more on en.wikipedia.org Nike Inc. is an American multinational corporation that creates, develops, produces, … Read more

What Happens When a Company is Dissolved?

What happens when a company is dissolved? The company’s bank account will be frozen from the date of dissolution. Any credit balance in the account and other assets will pass to the Crown – you’ll have to restore the company to get anything back. Read more on www.gov.uk A firm can be dissolved in order … Read more

Is the Owner of an LLC Considered an Employee?

Is the owner of an LLC considered an employee? Generally, an LLC’s owners cannot be considered employees of their company nor can they receive compensation in the form of wages and salaries. * Instead, a single-member LLC’s owner is treated as a sole proprietor for tax purposes, and owners of a multi-member LLC are treated … Read more

Does New Mexico Require an Operating Agreement?

Does New Mexico require an operating agreement? An Operating Agreement is not required by law in the state of New Mexico, but you are strongly encouraged to create one when you file your Articles of Organization for the New Mexico Secretary of State since this document does not ask you to list all of the … Read more