Delaware Holding Company: A Comprehensive Guide

What is a Delaware holding company? A holding company is an effective tool to shield a corporation’s passive income from home state taxation. Delaware corporate income tax law provides an exemption from corporate income tax for corporations whose activities within Delaware are confined to the maintenance and management of their intangible investments. Read more on … Read more

Are Record Labels LLCs?

Are record labels LLCS? The limited liability company (LLC) is ideal for most record label businesses. An LLC is easy and inexpensive to set up, and has the least administrative requirements of any formal business entity. Read more on www.incfile.com Companies that produce, market, and distribute music recordings are known as record labels. They are … Read more

How much does it cost to incorporate in Delaware?

The minimum fee to incorporate in the state of Delaware is $89, which includes the corporation fees ($50), the filing fee tax (at least $15) and the county fees ($24). For larger businesses or for expedited filing, the costs go up from there. Read more on www.forbes.com Business owners and entrepreneurs frequently face the challenge … Read more

How to Get a Copy of Your Certificate of Incorporation in California?

How do I get a copy of my certificate of Incorporation in California? Certificates, copies and status reports can be obtained by submitting a request to the California Secretary of State’s Sacramento office either in person (drop off) or by mail. Read more on www.sos.ca.gov The Secretary of State’s office will provide you an incorporation … Read more

Series LLC vs Holding Company: What’s the Difference?

Is a series LLC the same as a holding company? A holding company doesn’t actively operate businesses-it simply exists and owns. As a series LLC, the holding company would own all of the individual series beneath its umbrella. Real estate investors with multiple properties sometimes form series LLCs to isolate liability. Read more on www.score.org … Read more

Dissolving a California Corporation: Everything You Need to Know

How long does it take to dissolve a California corporation? How long does it take to dissolve a California business? The California Secretary of State’s processing times vary based on traffic, but it will probably take their office around 3-4 weeks to process your dissolution. Read more on www.californiaregisteredagents.net There are a few things you … Read more

Do Corporations Need an Operating Agreement?

Is a corporation required to have an operating agreement? Does every business need an operating agreement? Similarly, corporations (S corps and C corps) are not legally required by any state to have an operating agreement, but experts advise owners of these businesses to create and execute their version of an operating agreement, called bylaws. Read … Read more

Certificate of Incorporation: Who Issues It?

Who issue the certificate of incorporation? the Ministry of Corporate Affairs An Incorporation Certificate, a legal document issued by the Ministry of Corporate Affairs (MCA) once a company however successfully registered. An Incorporation Certificate considered a proof that the company is now registered with the Registrar of Companies. Read more on kanoon.nearlaw.com A certificate of … Read more

Stock Certificates for LLC: Explained

What are stock certificates for LLC? LLC stock certificates refer to what an investor receives in exchange for investing in a company. The LLC’s articles of organization will define whether the business issues stock or membership certificates to show who owns how much of the company. Read more on www.upcounsel.com The flexibility and simplicity of … Read more