If your company's name conflicts with an existing company name or trade name, you may still register the company to do business in the state as a qualify llc or qualify corporation, but the company will have to adopt a name that does not conflict with any other names or trade names in that state, it is called "doing Business as" or "DBA"
Source http://www.infotaxsquare.com
Showing posts with label register foreign. Show all posts
Showing posts with label register foreign. Show all posts
Monday, May 31, 2010
Friday, May 7, 2010
How to register foreign corporation or foreign llc?
A foreign LLC or foreign corporation is generally required to get foreign entity qualification in the state by filing an application with the concerned authorities and paying a prescribed fee. In most states, registration requires disclosure of the LLCs name, state of organization and the name and address of the registered agent in the state for which the application is being made. InfoTaxSquare has made this process easy and simpler.
Source: www.infotaxsquare.com
Source: www.infotaxsquare.com
Tuesday, May 4, 2010
Who should apply for foreign entity?
All business entities who want to conduct their business in the state other than the state they were formed, must obtain authority to do so from the concerned state department. This process is commonly referred to as "foreign entity qualification" or "register foreign llc" or "register foreign corporation". By doing so, you will get rights to start your business in that particular state.
Typically, an entity needs not to register in another state if it will be conducting only a few isolated transactions in the state.
Source: http://www.infotaxsquare.com
Typically, an entity needs not to register in another state if it will be conducting only a few isolated transactions in the state.
Source: http://www.infotaxsquare.com
Tuesday, February 9, 2010
Being a Non-Resident USA, Can I starts a business or forms a company in USA?
Being a Non-Resident USA, Can I start business or form a company in USA? To establish a company in USA it is not required to be neither a resident nor citizen to form company in USA. Non-USA Resident has to follow the following guidelines.
- They are required to have a physical address
- Any legal person can be a registered agent of entity.
- PO Box is not acceptable
- To maintain company which are required to file yearly annual report
- To keep that company in a good standing it is required to file State Taxes if applicable, Federal Taxes
- Being a Non-Resident USA, it will only be liable for State and federal taxes and it may not be required to pay USA Social Security and Medicare Taxes
- They can either form a C-Corporation or an LLC but not an S-Corporation, because to form an s-corporation they have to be a resident or a citizen
- But the C-Corporation can be converted any time to an S-Corporation once the individual get the status mean become a permanent resident of USA
- There is no restriction to open a bank account as a non-us-resident
- There is no restriction to hire employees under their entity
- Non-resident USA can open a foreign entity of their existing oversees company to conduct business in USA, or if they have the same members or shareholders then they can open a separate entity.It will serve the same purpose
- To create a foreign entity of existing oversees company they have to obtain certificate of good standing/certificate of existence or certificate of status that the company is legally registered
- To create a foreign entity, existing company has to be in a good standing to execute a business.
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