Tuesday, March 30, 2010
Trade Mark/Service Mark
A service mark is used in connection with services, while a trademark is used in connection with tangible goods. The general terms "mark" or "trademark" may be used to describe both trademarks and service marks.
Do I need to register my trademark?
No. It is not required that you register your trademark or service mark in order to establish ownership rights. Registration of the trademark creates a legal presumption of the registrant's ownership of the mark and the registrant's exclusive right to use the mark in the state commerce in connection with the goods or services described in the application.
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Monday, March 29, 2010
Annual Report
Information from the annual report is public and forms the core of the State's corporate/ business status reporting system. This information is relied on heavily by the commercial, financial and legal sectors.
Who is the Signing Authority?
Individuals who may sign the annual report are specifically designated. For corporations / LLCs, either the registered agent or a corporate officer may sign. Annual reports for other business types may be signed by any authorized representative.
All corporations and LLCs are required to file annual reports, statement of information or biennial reports, even if no business is being transacted.
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Company Name Reservation
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Why do Anyone need Registered Agent and How much It Cost?
How much does it cost?
Registered Agent fees are $159 per year payable in advance. You may cancel registered agent services at anytime as long as you provide proof that another agent has been named in the state of incorporation or that the business is no longer active. Remember, in order for your business to maintain good standing status it must also maintain a Registered Agent.
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Benefits and Necessity of Registering a Trademark
• Registering a trademark provides greater Protection.
• Registering a trademark deters others from using your trademark.
• Registering a trademark provides the trademark owner with greater remedies.
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Friday, March 26, 2010
What is sales tax?
Sales tax is imposed on all retail sales, leases and rentals of most goods, as well as taxable services. In other words a sales tax is a tax on the end-purchase of a good, so it normally does not apply if a sale is for re-sale or for subsequent processing. Sales tax normally a certain percentage that is added onto the price of a good or service that is purchased.
Your sales tax responsibilities as a new business owner, whether you start a business or buy an existing business, will vary depending on the type of organization or entity you operate. Besides state level, estimation of sales tax is also done on municipal or county levels. Payment of state sales tax depends on your sales and your state's regulations.
Normally it is the consumers who are burdened with sales tax. The re-sellers on the other hand, are exempted from sales tax, provided they do not use the goods on which sales tax is levied.
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How To get a DBA?
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