You must file formal articles of organization with your state (usually with the Secretary of State) and pay a filing fee in order to form an LLC. The filing fee generally ranges between $70 and $200 depending on the state, but certain states have higher fees (e.g., Illinois...
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The amount of paperwork and other formalities required by state governments in order to form and properly maintain a limited liability company should not be underestimated. In addition to the two major "constitutional" documents (the articles of organization and...
DMLP Staff - 01/27/2008 - 5:15pm - 0 comments -
Choose your state from the list below for state-specific information on forming a nonprofit organization:
DMLP Staff - 01/28/2008 - 11:58am - 0 comments -
The corporation is the best known business form. Most big companies that are "household names" are corporations, including companies like Google Inc., Microsoft Corp., and Yahoo! Inc. A corporation has a legal identity that is separate from its owners (usually...
DMLP Staff - 01/27/2008 - 5:27pm - 0 comments -
The profits of corporations are taxed twice -- once at the entity level (at the applicable state and federal corporate income tax rate), and again at the individual level when profits are distributed to individual owners as dividends (at the applicable individual income tax...
DMLP Staff - 01/27/2008 - 5:43pm - 0 comments -
As an alternative to the ordinary "C corporation" discussed on the Corporation page, you may carry on your online publishing activities as an "S corporation." An S corporation has the same basic organizational structure as a C corporation, with some of...
DMLP Staff - 01/27/2008 - 5:46pm - 0 comments -
Some states, such as California and Texas, have special provisions allowing you to create what is known as a "statutory close corporation." Close corporations generally are formed in the same way as ordinary corporations, but the articles of incorporation for a...
DMLP Staff - 01/27/2008 - 5:48pm - 0 comments -
You must file articles of incorporation (sometimes called a "certificate of incorporation" or "charter") with your state (usually with the Secretary of State) and pay a filing fee in order to form a corporation. The filing fee generally ranges between $...
DMLP Staff - 01/27/2008 - 5:49pm - 0 comments -
Corporations are required to write and keep a record of their bylaws, but do not have to file them with a state office. Bylaws are the rules and procedures for how a corporation will operate and be governed. Although there is no set criteria for bylaws content, they...
DMLP Staff - 01/27/2008 - 5:57pm - 0 comments -
In addition to the two major "constitutional" documents (the articles of incorporation and the bylaws ), corporations are required to keep copies of a number of other records relating to the the organization, finances, and ownership of the business. State record-...
DMLP Staff - 01/27/2008 - 5:58pm - 0 comments -
