Are There States Bad for Incorporating a Business?
Yes. It is recommended to stay away from California, Alabama, Kentucky, New Jersey, New York, Pennsylvania, Tennessee and Texas LLCs. States can levy a franchise tax or capital values tax…
Yes. It is recommended to stay away from California, Alabama, Kentucky, New Jersey, New York, Pennsylvania, Tennessee and Texas LLCs. States can levy a franchise tax or capital values tax…
It is most definitely legal. In fact, large corporations have done so for many years.
State law requires corporations and Limited Liability Companies (LLCs) to maintain a registered address for important legal documents.
A Registered Agent receives and forwards legal documents (called service of process) on behalf of a company. The Registered Agent must be available during all business hours to receive service…
Most businesses choose a third party to act as their Registered Agent. This can help avoid the embarrassment of being served legal paperwork in front of friends or neighbors. Also,…
Most commonly, companies file amendments to reflect changes in their name, purpose, address, or management.
As soon as possible. Some state statutes include guidelines for amendment filings.
Resolutions and written consents refer to the same actions. A resolution typically occurs by vote at a meeting. A written consent documents the same action in writing and includes the…
State governments don’t require corporations and LLCs to file resolutions with the state. However, we recommend that companies use resolutions or written consents to reflect changes in the business.