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Category: Incorporation

When Do You Need to Issue Membership Certificates?

Date: 12/19/2016 | Category: Incorporation | Author: Jakub Vele

Membership certificates are issued to those who have an ownership interest in an LLC. An ownership interest in an LLC is referred to as a membership interest. Membership certificates are similar to stock certificates, except for the fact that they are issued by LLCs instead of corporations. However, there are some differences between the two. LLCs must abide by the…

Who can own US company?

Date: 08/11/2016 | Category: Incorporation | Author: Jakub Vele

The owner of a company can be anyone in the world. There is no need to have a visa or green card to own a company in the United States. However, you cannot employ yourself in your company to get a working visa, and you cannot pay yourself a salary if you are not legally allowed to work in the…

Nevada Commerce Tax

Date: 07/17/2016 | Category: Incorporation | Author: developers

Effective July 1, 2015, the state of Nevada is going to impose an annual commerce tax on each business entity within the state with gross revenue in a fiscal year exceeding $4,000,000. This commerce tax carries a rate that is based on the industry in which the business entity operates in. However, all businesses are required to file the Commerce…

How to choose a state where to incorporate

Date: 06/07/2016 | Category: Incorporation | Author: Jakub Vele

When starting a business, many people opt to incorporate because this offers the business owners’ personal assets a measure of protection as well as makes it easier to raise capital.  When incorporating, a question arises as to where to incorporate the business.  Business owners often have the option to incorporate their business in either their home state or a state…

Advantages and Disadvantages of a C-Corporation

Date: | Category: Incorporation | Author: Jakub Vele

There are a number of corporate types that business owners can choose from when deciding to incorporate their business.  The most common corporate form is the C-corporation.  This type of corporate form offers business owners the legal protection of their personal assets.  Because a corporation is considered to be a separate legal entity from its business owners, this protection is…

Incorporation Requirements for LLC

Date: 06/02/2016 | Category: Incorporation | Author: Jakub Vele

There are some requirements which need to be done in order to form a LLC. Some of these requirements could be modified on state level, but this article sums the most common requirements. Company name used for incorporation Before you file for new company, you have to create a name for it. This name has to be unique, not the…