In this age of information, most small business owners understand they need the protection provided by a corporation or limited liability company. Such protection, however, can be lost though certain actions.
California Business Entities How Long Does It Take To Get Approved?
Youve done your research and have decided on a business entity. Youre chomping at the bit to open a bank account and get moving. You file your corporation or LLC with the Secretary of State and wait and wait and wait. Just how long is this going to take?
Corporate Records What to Keep
Whether youve created a corporation or limited liability company, you must maintain records. Heres a primer on the basic corporate records you need to maintain.
Setting Up A Share Capital Company In China
Foreign Invested Companies Limited by Shares (FICLS)
Incorporate Your Business For Great Business Benefits
The ability to make the right decision at the right time is the most desired quality in any business entrepreneur. And there are certain business decisions that can take your entrepreneurial ambitions further ahead than others. The decision to incorporate your business is one such decision that can affect the future of your business in a positive direction.
Tax Advantages Of Incorporating A Business
The tax advantages of incorporating a business is one of the main reasons that owners choose to incorporate their businesses, no matter what market they work in. Other types of businesses, such as sole proprietorships, are not afforded nearly as many tax advantages as an incorporation.
A move called income shifting is one that helps the business, and its owners, immensely. This is a method in which the total income of your corporation is divided among its members. How doe…
Corporations Failing To Claim AMT Exemption Overpay Taxes By $11,000
Does your incorporated business pay alternative minimum tax [AMT]? If so, there is a 93% chance you have been overpaying your taxes by an average of $11,000 a year according to the Treasury Inspector General.
The Dell Corporation – A Technician’s Review
The Dell computer has become a fixture in enterprises all over the world. From the days when they were assembled in a university dorm room, to the mass production of today, Dell has been one of the most successful computer manufacturers.
Why You Need A Business Entity
When starting or expanding a business, many owners wonder if they should form a business entity and, if so, which one they should use. There is a wide variety of information and “pitches” being made on the Internet regarding the benefits of certain entities versus others. When you cut through the flak, however, the primary reason for forming a business entity is to create protection from personal liability arising from your business activities.
Solicitations To Prepare Your Corporate Minutes
Every corporate entity must hold board meetings and keep corporate minutes. This doesnt mean you have to be sucked in by the corporate minute preparation solicitations.
Bylaws The Guts of a Corporation
Most states make forming a corporation relatively painless by providing forms for practically everything. The bylaws of the corporation, however, are an area you dont want to rely on a form.
Why Opt For A Limited Liability Company?
Entrepreneurs must already choose the legal structure of their business even before they start such venture, if only to make sure that they now the risks and the advantages involved in starting that kind of business. Business owners can choose to put up a sole or single proprietorship, enter into a partnership or form a corporation.
Each of the three legal structures has its own advantages and disadvantages. A sole proprietorship is the easiest type of business to put up a…