Category: LLCs

How do I Choose a Name for my Nonprofit Corporation?

You should choose a name that represents the purpose of your nonprofit corporation. If you incorporate through IncFile, we will request a first and second name choice for your nonprofit and complete a name availability search to assure that your name is available and not deceptively similar to any other legal entity. Further, you must …

Are Non-U.S. Residents Allowed to Own a Corporation or LLC?

There are no citizenship or residence requirements for ownership of a C Corporation or an LLC. The S Corporation however does not allow nonresident aliens to be shareholders (owner), but any US citizen or resident alien may be a shareholder (owner). You would, of course, require an in state street address for the state to …

Flowchart Outlining If You Should Quit Your Job

Who hasn’t pondered, “Should I quit my job?” From demanding bosses to long commute times and low salaries, there are thousands of reasons why workers daydream about quitting their current job to find one that makes them feel valued and fulfilled. If you find yourself in this position today, here are some guidelines to help you make this overwhelming decision.

How to Determine the Optimum Legal Structure for Your Business

The advantages of having an LLC over a Sole Proprietorship There are four main factors to consider when an entrepreneur decides on the form of organization that best fits in a new business: taxes limitation of personal liability ease of transferability and admission of new owners investor expectation In almost all cases a founder should …