Domesticating an LLC: What it Means and How to Do It

What does it mean to domesticate an LLC? “”Domestication”” means the process of changing a company’s domicile or location. You are allowed to change the domicile from any state, but you can only move it into a state that supports domestication. Read more on www.incfile.com Moving a legal entity from one state to another is … Read more

South Carolina LLC: Everything You Need to Know

Like the majority of US states, South Carolina has PLLCs, or professional limited liability companies. For licensed professionals including doctors, lawyers, accountants, architects, and engineers, a PLLC is a kind of limited liability business. It protects the owners’ personal assets while preserving their standing as professionals. In SC, what is an LLC? A business form … Read more

Naming a Series LLC in Nevada: A Guide

How do you name a Series LLC in Nevada? Follow the required Nevada LLC Naming Rules: Your name must include the phrase “”limited liability company,”” or one of its abbreviations (LLC or L.L.C.). Your name cannot include words that could confuse your LLC with a government agency. Read more on howtostartanllc.com Limited liability corporations, or … Read more

Pennsylvania LLC Laws: Can a Single Member LLC be Formed in Pennsylvania?

Does Pennsylvania allow single member LLC? Pennsylvania does not require an SMLLC to have an operating agreement. However, even though an SMLLC has just one member, an operating agreement is highly recommended. An SMLLC operating agreement does not need to be filed with the state. Read more on www.nolo.com Pennsylvania permits the establishment of single-member … Read more

Can a DBA be added to an LLC?

A limited liability company can register a DBA, or “”doing business as”” name and still do business using the official LLC name. A DBA operates much like a personal nickname-you may use your nickname for some purposes and your full legal name for others. Read more on info.legalzoom.com The term “doing business as” (DBA) refers … Read more

What Should My Effective Date for an LLC Be?

What should my effective date for an LLC be? The State of California will consider LLCs and corporations to be in business effective, if they submit their incorporation or LLC formation forms after. This is only valid for companies that do not conduct business between December 17 and December 31. Read more on www.corpnet.com The … Read more

How to Add a Member to Your LLC in NC

How do I add a member to my LLC in NC? Follow these steps for a smooth process when you add an owner to an LLC. Understand the Consequences. Review Your Operating Agreement. Decide on the Specifics. Prepare and Vote on an Amendment to Add Owner to LLC. Amend the Articles of Organization (if Necessary) … Read more

Can a Single Person Have an LLC?

Can a single person have an LLC? Can one person own an LLC? Yes, in the District of Columbia, as well as all 50 states, one person can form an LLC as a single-member LLC, though they may not have all the same protections as a multi-member LLC. A company can be structured as an … Read more