Corporations LLC Articles
LLC is an acronym that stands for “limited liability company”. Many companies toy with, or have decided on, the option of becoming an LLC. While being an LLC may benefit some businesses, this may not always be the case with all corporations. LLC placement companies are treated more like partnerships, more so when it comes to taxation issues. Where other things are concerned, though, an LLC continues to function as a corporation. This unique feature of an LLC makes it a hybrid of other business forms. Owners of an LLC corporation have limited liability. They are considered members rather than partners. The articles in this section are all about corporations going LLC and the topics that relate thereto.
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Unanimous Shareholders Agreements – Part 2 – TemplatePosted by Michael Carabash. Published on Sep 12, 2009 In this article, I'll be discussing a basic template and things you should consider/pay attention to when thinking about unanimous shareholder agreements. For the purpose of this article, I'll be discussing unanimous shareholder agreements in the context of the Canada Business Corporations Act. Llc Versus Llp – What's The Difference?Posted by Stephen Nelson. Published on Aug 24, 2009 As an accountant, many business owners ask me about the difference between an LLC and an LLP. Fortunately for them and for you, the LLC versus LLP question isn't too difficult to answer. Sarbanes-oxley Act Of 2002 – Some Explanations 7 Years LaterPosted by Raphael S Barchichat. Published on Aug 12, 2009 [Legal:Corporations-LLC] Some Explanations of the Sarbanes-Oxley Act of 2002. How it started and where are we after seven years of its enactment by United States of America. Is Company Formation Right For Your Business?Posted by Michael D Harris. Published on Jun 18, 2009 One of the first decisions that you need to make when starting your own business is which legal status to choose. You may decide to start a limited company due to potential liabilities or to reduce your tax bill. Alternatively you may simply choose to operate as a sole trader at inception. Foreign Corporations In California – Failure To File PenaltiesPosted by Richard Chapo. Published on Jun 12, 2009 As the web grows exponentially, it is easier than ever to do business across the country with the click of a mouse. For corporations, this can lead to all kinds of legal problems, particularly in California. The Legal Structure Of Your Cleaning BusinessPosted by John F Smith. Published on Jun 06, 2009 Just like in any other business, when you are starting a cleaning business you have to decide on what kind of legal structure you will have. The legal structure of your business is very important because it affects the amount of taxes you will pay and the legal responsibility you have. Aside from that, the requirements for papers and additional paperwork can be determined through the kind of legal program you will have. It can also be an issue when it comes to the amount of money you are making and the amount you can borrow for your business. The Cya File – Cover Your AssetsPosted by Wolfgang O. Published on Apr 17, 2009 I have been a paralegal for several years now and the one thing that has been drilled into us paralegals is the C.Y.A. File. The CYA file or rather the Cover Your A– file is one of the greatest tools in the legal field and in reality could and should be applied to everyday life. The Economic Downturn Produces New Challenges For Commercial SolicitorsPosted by Victoria Cochrane. Published on Apr 01, 2009 The recent years of economic boom have offered ample opportunities for the creation and development of businesses. As a result, the expertise of commercial solicitors have been in high demand for both the set up and subsequent smooth-running of businesses. However, as many businesses find themselves cutting back – or worse, failing – the workload of commercial solicitors has evolved to meet a new set of demands. Three Wise MenPosted by Wolfgang O. Published on Mar 23, 2009 Most people who are concerned with protecting their assets from a wide range of potential threats will make an appointment with a lawyer, sit down, get a game plan together, and implement it. There's nothing wrong with that, and if you've already gone through this process, you're way ahead of most of your peers. However, there is a much better way to go about this process. Asset Protection – How And WhyPosted by Wolfgang O. Published on Mar 19, 2009 What does asset protection mean? Well according to Wikipedia asset protection is also known as debtor-creditor law. Of course we all know that law is based on common law and statutory law. Go to page:
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