A Corporation or LLC must maintain corporate compliance in order to remain in good standing with the office of the Secretary of State. Maintaining good corporate standing may require Initial and Annual Reports, documentation and filing for fundamental changes to your corporation, and more.
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A business name reservation consists of a business filing with the Secretary of State’s office to reserve your company name until you are ready to incorporate your business or Form a Limited Liability Company.
In certain states, a Corporation or Limited Liability Company (LLC) is required to file an Initial Report, also known as a Statement of Information with the Secretary of State’s office.
Federal Tax ID Numbers
An Employer Identification Number (EIN) is a Federal Tax Identification Number that is used to identify a business entity.
If your state requires you to file an Annual Report, there is a specific due date upon which the form must be filed by each year to keep your company in order to maintain corporate compliance with the state.
Doing Business As (DBAs)
DBAs are sometimes called fictitious business names, assumed business names, or trade names.
If your Corporation or Limited Liability Company (LLC) is operating in more than one state, you may need to file for a foreign qualification in states outside of your home state.
An S-Corporation is formed in the same manner as a C-Corporation, the corporate entity makes an election with the IRS to be taxed as a “pass-through entity” under subchapter S of the Internal Revenue Code.
Articles of Amendments
In most states, if a business is making any changes to an existing corporation or LLC the state will require an Amendment to be filed.
Reinstatement will be required for a Corporation or Limited Liability Company (LLC) to return to active compliant status with the Secretary of State’s office
A conversion is necessary when a company decides to switch its business from one entity type to another entity type. For example, convert a C-Corporation to an LLC.
Articles of Dissolution
A Corporation or Limited Liability Company (LLC) must file Articles of Dissolution with their state of formation in order to effectively wind down and dissolve the Corporation or LLC.
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