Corporate Law

Can I use the name of a dissolved LLC? Can I use a dissolved company name? The names of dissolved limited companies can be registered by new and existing companies. There are no legal restrictions when choosing such a name. However, one important point you should consider is the reputation of the dissolved company. Read … Read more

What is a initial registered office? A registered office is the official address of an incorporated company, association or any other legal entity. Generally it will form part of the public record and is required in most countries where the registered organization or legal entity is incorporated. Read more on en.wikipedia.org Establishing a registered office … Read more

Can a defunct company be sued? Suing a dissolved corporation is possible because the company still legally exists. Dissolution is only the first step. Regardless of the legal structure of your business, you must follow the proper procedures. DBAs and sole proprietorships have fewer steps to follow but are not immune to lawsuits. Read more … Read more

Is dissolution winding up and termination the same? The first step in termination is known as dissolution. Dissolution occurs when any partner discontinues his or her involvement in the partnership business or when there is any change in the partnership relationship. The second step is known as winding up. Once winding up is complete, the … Read more

What is the dissolution date? Dissolution Date means the date that the Liquidating Debtors dissolve. Read more on www.lawinsider.com Getting an Employee Identification Number (EIN) from the Internal Revenue Service (IRS) is a crucial first step when beginning a business. This number is required for tax purposes and acts as a special identifier for your … Read more

Can you use a UPS box as a registered agent? The registered agent must have a physical address in the state of formation or qualification. Post office boxes or a private mailbox rented from a company, such as The UPS Store, may not be designated as the registered office. The registered office must also be … Read more

What state is most popular for filing corporation status Why? Delaware Since Delaware has become known as the most corporate-friendly state in the country, it has become one of the most desirable states to incorporate in. In fact, the Delaware Division of Corporations claims to be home to 66 percent of the country’s Fortune 500 … Read more

Are articles of incorporation and articles of association the same thing? What Are Articles of Incorporation? Filing Articles of Incorporation with the state agency (usually the secretary of state) is the first step in forming a corporation. The Articles of Association, also known as Certificate of Incorporation in some states, are the charter to create … Read more

Who can be a shareholder of an S corp? Understanding S Corporations (S Subchapters. Specifically, S corporation shareholders must be individuals, specific trusts and estates, or certain tax-exempt organizations (501(c)(3)). Partnerships, corporations, and nonresident aliens cannot qualify as eligible shareholders. Read more on www.investopedia.com A kind of organization known as a S organization, or S … Read more

Is C Corp the same as close corporation? Close corporation taxation ? Close corporations are taxed as a C corporation unless the owners and shareholders decide to seek S corporation status from the IRS. This means the income of the corporation may be subject to double taxation. Read more on www.legalnature.com There are various sorts … Read more