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Renewing the LLC
...for the annual report and a so-called “franchise tax” on the company’s assets located in that state. Some states always charge a substantial minimal amount for franchise tax (for example,...
Can minors be part of corporation?
...so I will only give you an example of Delaware corporation (for your specific state I recommend consulting a business attorney licensed in your state): According to the Delaware Dept....
LLC info for Wyoming
LaPrentiss, Technically, you don’t need to have your bank account or mailing address in the state of registration. Many people who register in Wyoming for example never even visit this...
Processing time for LLC
Dear David, The actual processing time from the moment we receive the application to the moment the completed package reaches the customer greatly depends on several factors: 1) Type of...
Best state for corporation?
Lester, This can really depend on the type of business you would be conducting, as well as your state of residence, among other factors. For example, if you are selling...
Best state to form a LLC
...respect to your company. For example, if you are opening a brick-and-mortar store it is generally most convenient to form your company in the state where the store is located,...
Do we have to open a bank account in the same state as my LLC?
...will open a business checking for a WY LLC in any other location. For example, our company is a WY LLC and we opened our account in Chase bank in...
Cost of Incorporating in Illinois
...whether you intend to hire an incorporation service or do it yourself, the range of cost for forming a company in Illinois would run between $175 (state fee for forming...
Internet business in Texas, but incorporating in WY
Alex, Technically its a grey area – on one hand if your business could have no real connection to Texas, for example you would not draw any salary (only distribute...
Live in NJ conducting business in NY
Michelle, In this case, it would really depend on the nature of the business you are conducting. For example, if you are only coming to New York to meet clients,...
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