What Does it Mean When an Entity is Cancelled?

What does it mean when an entity is Cancelled? Cancellation occurs because the filing fee for the formation or qualification/registration filing was not honored. Read more on www.natlawreview.com The cancellation of a business entity signifies the end of the entity’s existence. This may occur due to a number of factors, including as insolvency, a failure … Read more

Changing Entity Type: What You Need to Know

Can I change my entity type? If you want to change your sole proprietorship to another business type, you’ll need to register your business with your state. You will need to close out business accounts and any contracts may need to be changed. Business registrations are regulated by state business divisions. Read more on www.thebalancesmb.com … Read more

Converting Entity: What Does It Mean?

Business owners are referred to as “converting entities” when they choose to alter the legal makeup of their corporation. This may take place for a number of reasons, including the desire to benefit from certain tax advantages, the desire to lessen personal liability, or the desire to restructure the business for expansion. The conversion of … Read more

Understanding Record: A Comprehensive Guide

Who is record? Whois is a widely used Internet record listing that identifies who owns a domain and how to get in contact with them. The Internet Corporation for Assigned Names and Numbers (ICANN) regulates domain name registration and ownership. Read more on www.domaintools.com You may be familiar with the term “record” if you own … Read more