Corporate Compliance

What does a business not in good standing mean? A corporation or LLC usually loses its good standing status due to various compliance issues such as a lapse in annual report filing or non-payment of franchise taxes. These issues sometimes remain undetected until the worst possible time-like at the closing table for an expansion or … Read more

Are private companies required to file annual reports? In short, not in the United States. While many may speculate about the business revenue or look for financial statements of private companies, typically they will find this to be difficult. As the name implies, a private company is not required to disclose financial information to the … Read more

How do I check the status of a company incorporated? Steps to Check Company Registration Status Step 1: Go to the MCA website. Step 2: Go to the ‘MCA Services’ tab. In the drop-down click on ‘View Company/LLP Master Data’. Step 3: Enter the company CIN. Enter the captcha code. Click on ‘Submit’. Read more … Read more

Do you have to file an annual report in Nevada? Nevada Annual Report Information. Businesses and nonprofits are required to file annual reports to stay in good standing with the secretary of state. Due dates and fees vary by state and type of entity. State agencies do not provide consistent reminders when annual reports are … Read more

What does it mean for a corporation to be in good standing? Generally, a Certificate of Good Standing simply indicates that the entity has filed all reports and fees with the Secretary of State’s office. It serves as proof, or evidence, that the entity exists and is authorized to transact business in the state. Read … Read more

What are company annual returns? An Annual Return is a statutory return in terms of the Companies and Close Corporations Acts and therefore MUST be complied with. Companies have 30 business days from the date that the entity become due to file annual returns before it is in non-compliance with the Companies Act. Read more … Read more

Is annual return mandatory? The GST Council in its 37th meeting announced that GST annual return is not required for small businesses with a turnover of less than Rs. 2 crores. Filing of GSTR-9 for taxpayers whose aggregate turnover does not exceed Rs. 2 crore is not mandatory for financial years 2017-2018 and 2018-19. Read … Read more

Do corporations have to file an annual report in Oklahoma? The state of Oklahoma requires all corporations, nonprofits, LLCs, and LPs to file an Annual Franchise Tax Return, Annual Certificate, and/or pay a Registered Agent Fee ? depending on what type of business you own. Read more on www.northwestregisteredagent.com The Oklahoma Secretary of State must … Read more

What is the procedure for change of company name? After the name is approved, MGT-14 (necessary resolution for alteration of Memorandum of Association and Articles of Association (MOA and AOA) needs to be filed. 3. eForm INC-24 (Application for approval of Central Government for change of name) needs to be filed.to give effect to change … Read more

What is the difference between trading address and registered address? The trading address is where your clients, bank, agents, suppliers etc send you correspondence. The registered office address does not need to be the same as your trading address. Read more on www.inniaccounts.co.uk There are various legal conditions that must be met in order to … Read more