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 …
How to change the ownership of my LLC? Things to know and how to do! Read More »
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 …
Do I need to pay the $800 California FTB Fee for my LLC or Corporation? Due to the fact that most LLCs and Corporations are “Pass-through” entities, it is mandatory for these business structures to pay a minimum of $800 per year to keep their organizations active. The Pass-through entities are inclusive of companies that …
Do I need to pay the $800 California FTB Fee for my LLC or Corporation? Read More »
DBA Vs LLC: What is the Difference between a DBA and an LLC? In the corporate market, two terms are frequently used- DBA and LLC. DBA is a Sole-Proprietorship commonly known as “Doing Business As.” It is the simplest form of business structure available to entrepreneurs or new business owners. A sole proprietorship is basically …
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How does Liability Protection work in an LLC? The term “LLC” signifies a Limited Liability Company, referring to a business structure similar to a corporation. Unlike its counterpart, this business structure is a simplified approach as it makes management easier for the business owner. Basically, an LLC is a business type that has extracted the …
What is the difference between an LLC and A S-Corp? We understand that choosing a business structure is an important step for someone starting their own business. With the vast amount of knowledge on the internet, it’s easy to get confused among all the technical terms. This post aims to simplify all of them and …
What is the difference between an LLC and A S-Corp? Understand the real difference Read More »
What is an ITIN? Do I need one? ITIN is officially known as the Individual Taxpayer Identification Number, a unique identification number issued by the Internal Revenue Service (IRS). It is specifically designed for individuals who do not have and are not eligible to obtain a Social Security Number, but still need to comply with …
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