What is a Delaware Certificate of Cancellation and How to Dissolve a Business in Delaware

What is a Delaware certificate of cancellation? The Certificate of Cancellation is a document that is filed with the state of Delaware in order to officially cancel the LLC. The Certificate of Cancellation should only be filed after your LLC has “”wound down”” its affairs completely. IncNow can help file the Certificate of Cancellation. Read … Read more

Corporate Resolution vs. Articles of Incorporation: What’s the Difference?

Is corporate resolution the same as articles of incorporation? Corporate Resolutions vs.. Although articles of incorporation are an important part of corporate governance just like corporate resolutions, these are two very different legal documents. Read more on www.contractscounsel.com Starting a business is an exciting endeavor, but it comes with several legal responsibilities that many business … Read more

Can a Company Own a Yacht?

Can a company own a yacht? The most popular way to operate and own a yacht is through a limited liability company. This will ensure separation of the legal ownership from the shareholder and provides the individual owner with privacy. Read more on www.jtcgroup.com Yes, a business can own a yacht. In actuality, there are … Read more

What is a Registered Office in Pennsylvania?

What is a registered office in Pennsylvania? A registered office (also referred to as a registered agent, resident agent, or statutory agent in some states) is the primary physical address for registered entities in Pennsylvania where important legal documents are sent. Read more on startingyourbusiness.com A company entity is legally required to receive official government … Read more

Understanding the Role of a Registered Agent

What is a registered agent responsible for? A registered agent is a person who will receive legal and other documents on behalf of your business, such as subpoenas, regulatory and tax notices, and correspondence. In many states, lawsuits must be served in person. Registered agents make this a more clear and orderly process. Read more … Read more

Are Bylaws Required for a Corporation in Arizona?

Are bylaws required for a corporation in Arizona? The corporation is required by law to adopt bylaws. Bylaws are written rules that govern how the corporation operates internally, such as how the Board of Directors will be elected and what votes are required for a particular action. DO NOT FILE bylaws with the Arizona Corporation … Read more

Understanding Involuntary Dissolution of a Corporation in Illinois

What is an involuntary dissolution of a corporation in Illinois? Involuntary Dissolution. Illinois corporations may be dissolved involuntarily by a court order as a result of a lawsuit by creditors, or by the Illinois Secretary of State for failure to file an annual report or pay annual fees. Alternatively, corporations may be dissolved voluntarily by … Read more

Knowing When to Close Shop: Understanding Corporate Dissolution

When should a company dissolve? If you have been doing business as a corporation or limited liability company, you need to officially dissolve your entity so that you are no longer liable for business taxes or filings in your state. Officially dissolving your business also puts creditors on notice that your entity can no longer … Read more

Are Articles of Incorporation a Public Document?

Is articles of incorporation a public document? SEC is mandated by the Corporation Code and the Securities Regulation Code to regulate the corporate sector and the securities markets. Thus, SEC treats the Articles of Incorporation (AOI), By-Laws, and related documents as public records which are available to the public. Read more on www.sec.gov.ph The filing … Read more