Corporate Law

Is principal place of business same as registered office? VATREG03550 – Registration – general: principal place of business (PPOB) The registered address should be the PPOB, this is where official correspondence will be sent. Normally, the PPOB is the place where orders are received and dealt with and the day to day running of the … Read more

Does Delaware require extension for corporations? A. Delaware corporate income tax returns are due in the case of a calendar year taxpayer, on or before April 15 of the following year. Please note a federal extension automatically extends the Delaware due date. An extension of time to file is not an extension of time to … Read more

Can an S-corp hold assets? An S corporation shareholder’s personal assets, such as personal bank accounts, cannot be seized to satisfy business liabilities. However, like a sole proprietorship or a partnership, an S corporation passes through most of its income and loss items to the shareholders. Read more on www.wolterskluwer.com For taxation reasons, an S-Corp … Read more

What are the limitations of an LLC? Disadvantages of creating an LLC Cost: An LLC usually costs more to form and maintain than a sole proprietorship or general partnership. States charge an initial formation fee. Transferable ownership. Ownership in an LLC is often harder to transfer than with a corporation. Read more on www.wolterskluwer.com For … Read more

What is a forfeited corporation? A suspended or forfeited corporation does not stop being an association, but it loses all the rights and privileges of a corporation and cannot legally act as a corporation while suspended. Read more on www.internetlawyer-blog.com A corporation may be regarded as a forfeited corporation if it is unable to fulfill … Read more

What is a domestic BCA corporation? ?Domestic BCA. Any company that files Articles of Incorporation in the State of Illinois under the Business Corporation Act of 1983, as amended is considered a domestic corporation in the State of Illinois. Read more on illinoisregisteredagent.com A business entity that is registered with the state and runs as … Read more

How much does a registered agent cost in Texas? A Texas Registered Agent Service specializes in receiving Service of Process (legal mail) on behalf of your LLC. Most Registered Agent Services in Texas cost between $100 and $300 per year. Read more on www.llcuniversity.com Find a registered agent to serve as your company’s representative if … Read more

What is a business assumed name? An assumed name is also called a DBA (doing business as) name. Regardless of your form of business-corporation, limited liability company, partnership or sole proprietorship-you need to comply with your state’s assumed name statutes if you do business using any name other than your legal name. Read more on … Read more

Can I incorporate in Delaware and operate in California? A Delaware corporation doing business in California is both legal and commonplace. If you’re planning on incorporating in Delaware but are located in California, you’ll be required to have a Registered Agent. Plenty of companies exist for this very reason, and their fees may be as … Read more

Can I take the name of a dissolved company? 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