How many shares should my Corporation Have? When you open a Corporation, part of the process will be determining the number of total shares that you would like to have. As a new business owner, this step may be something you are unsure of, or maybe something you didn’t even realize required a choice! …
How to Convert my LLC into an S-Corporation: The Simple Way If you are an established LLC owner or are considering opening an LLC and doing some research, you may have come across the term “S-Corp” or “S-Corporation,” and wondered if it is something that you should consider. Converting your LLC to an S-Corp …
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LLC vs Trademark: Difference between an LLC and a Trademark Starting a business can feel like stepping into a labyrinth of decisions. One maze you’ll encounter is choosing between registering a Limited Liability Company (LLC) or securing a trademark. Sounds complicated, right? Fear not! Let’s break it down in simple terms, so you can navigate …
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LLC for Real Estate: Why an LLC is the best bet for Real Estate Establishing an LLC (Limited Liability Company) for a rental property is a strategic move that offers numerous benefits to an individual. The essence of an LLC caters perfectly to the needs of property owners by providing a favorable tax structure and …
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Company Registration in USA for Non-Residents: Complete Guide Navigating the complexities of registering a company in the USA as a non-resident may feel like an intimidating task. However, with the right guidance and knowledge, this task can turn into a seamless process of establishing a company. Whether you’re an entrepreneur or a foreign business looking …
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Registered Agent: Can I be my own Registered Agent? Can I be my own registered agent? Well, absolutely, you can be your registered agent, provided you reside in the same state where your company is established. This option serves small business owners with the advantage as these owners are their direct way to stay on …
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Cheap LLC: What is needed when Creating an LLC When it comes to forming a cheap LLC, the choices can be overwhelming. You may find a pool of service providers offering LLC registration at various prices, but how do you know which option is best for you if you are creating a Cheap LLC? Therefore, it …
How do I update the ownership of my LLC? The requirements for transferring ownership interest in an LLC differ slightly based on the state of formation, but generally involve a resolution indicating the transfer of interest, amending the operating agreement, a purchase agreement, and in some states, filing an updated annual report or statement of …
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Company Registration in USA for Non Residents: Countries with Banking Issues Opening a business bank account in the USA can be challenging for non-resident owners. Many banks require physical visits and specific identification documents, such as a passport. BusinessRocket specializes in this process and works with various banks to facilitate it. However, it’s essential …
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What is the BOI Report? How do I submit it The BOI Report is the latest beneficial ownership information report being administered by the Federal government, specifically the Financial Crimes Enforcement Network (“FinCEN”). All newly registered and currently operating businesses in the US are obliged to file this report. A small number of companies are …
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