Category Archives: C Corporation

What is the Form 2553?

The 2553 Form, known as the sub chapter S election, is required to be filed with the IRS to get S-Corporation status for purposes of federal taxation. Filing this Form with the IRS is used to convert a C-Corporation into … Continue reading

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What are the Differences Between Officers, Directors and Shareholders?

A corporation consists of all three: officers, directors and shareholders. Shareholders are the owners of the corporation and elect the directors. Directors guide and are involved in the fundamental decisions of the corporation on behalf of the shareholders. Officers are … Continue reading

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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 … Continue reading

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What is a Registered Agent and do I Need One?

Almost every state requires a corporation or an LLC to have a Registered Agent (sometimes called a resident agent, statutory agent, or agent for service of process). The Registered Agent address is the address that will be used by the … Continue reading

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Does Forming an LLC (Limited Liability Company) or Corporation Require an Attorney?

No, it does not. An attorney is not a legal requirement to form a Limited Liability Company. While we always recommend consulting the appropriate legal and accounting specialists, we can take care of the filings for you and save you … Continue reading

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In What State Should I Form my LLC or Corporation?

Unless you plan on having a large, multi-state operation, it is generally best to form your company in the state in which it is located. Generally speaking, most states will expect you to be registered with them if there is … Continue reading

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What is a Publication Requirement?

A Publication Requirement is a compliance mandate that requires the creation and ownership of an LLC to publish an announcement in local newspapers upon being filed. Upon completion of this requirement an affidavit is typically filed with the state to … Continue reading

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What is a Corporate Seal?

A Corporate Seal is a customized embossing stamp that contains the name, date and state of formation of your company. In some jurisdictions a corporate seal can be required to open a company bank account. It is typically used on … Continue reading

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What is the Customized Corporate/LLC Kit?

The Corporate/LLC Kit is a professional binder enclosed in a matching slip case, customized with the name of your company on the spine insert. It comes with a metal die-cast corporate embossing seal with its own carrying pouch, customized with … Continue reading

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