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Ownership of company
Mark, For LLCs company ownership would be defined and recorded in the Operating Agreement. It’s called “member interest” and is defined by percentage of ownership. Ownership of corporation is vested...
Monthly cost of maintaining a company
...Registered Agent fee: if you use the services of a commercial Registered Agent then there is an annual fee for that service, due on anniversary. Our Registered Agent service comes...
Which law applies for a DE company operating in CA?
...a non internal company matter, most likely California law is applicable. Whether it is an internal company matter is defined in Operating Agreement (for LLCs) or in Bylaws (for Corporations)....
Can a DE company open bank account in PA?
...show them proof of registration in their state or a corporate statement that the company does not conduct any business in that state. If you do business in Pennsylvania you...
Real Esate Holding Company in NY
Dear Ilya, First of all, its a common practice to place each individual property into its own LLC. Such LLC would need to be registered in the state where the...
Labor Day and Small Business
...in community activities, small business owners can strengthen their relationships with residents and promote a positive image of their business within the community. Understanding the history of Labor Day is...
Best company to form for RE Investing
...funds from personal funds). In other words, piercing company veil would be as hard for Single-member LLC as it is for Multiple-member LLC as long as the formalities are kept....
Running an online business from Canada
Dear Arlene, Technically, you do not need to form an American company to continue doing your business. Although you should register your Canadian company as a foreign entity in the...
Aussies starting USA company
...using your Australian company, however, as you already understand correctly, it is much easier to do business in the US using a “local” US entity. Once established, such entity will...
What Is Limited Liability and Why It Is Important?
...protection that it is designed to offer. In short, if a company is only a company in name, but is run as if it is one and the same with...
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