Tagged Questions

0
votes
2answers
68 views

Forming a US LLC and paying taxes while outside the US

I am currently a resident alien in Virginia. I have been in the US since November 2011 (never left) and I have a J-1 visa, which expires on February 2014. I am going to leave US and go back to my home ...
1
vote
1answer
60 views

DBA, LLC, or what? For a virtual asset marketplace

My friend and I are currently developing a marketplace for virtual assets. However we are not quite sure how we should set the company up. Do we need only a DBA, or should we go with the LLC route in ...
2
votes
2answers
31 views

Foreign LLC vs Domestic LLC - Wyoming & South Carolina

Please help. I'll make this as simple and concise as possible: I will be manufacturing my own parts, AT HOME, in South Carolina. I intend to sell the products exclusively online with an online ...
0
votes
0answers
10 views

I am non resident alien and want to get I - T - I - N

I am non resident alien and want to get I - T - I - N . I am launching e commerce website and want to register this website as L - L - C business in USA . As per my little research , I got point that ...
0
votes
1answer
63 views

LLC with 2 members vs Corp to Corp

I am considering forming an LLC, developing a B2B service platform. I am an independent consultant/developer, and have been working with another individual for several years. Over this time, we have ...
1
vote
1answer
58 views

Most Appropriate Business Type for Selling a Virtual Product?

I run a business where sells certain ebooks and pdfs online. I want to form an official business entity just to be able to operate under that name, protect myself from liability as well as get any ...
2
votes
5answers
281 views

Consulting while working

I kinda have a dilemma! My partner and I, who are coworkers, came up with the idea to start our own consulting firm. Our firm will target our present clients. We are Medicaid consultants in a ...
1
vote
3answers
448 views

LLC vs S Corp for a new business?

I am starting a new business in California and can't decide whether it should be an LLC or S Corp or an LLC as a S Corp. It would be a single person LLC or S Corp (no other shareholders or ...
2
votes
1answer
124 views

Is it dangerous to buy equipment for a new LLC without guaranteed Income yet.

Hopefully I will manage to create an LLC pretty soon, within the next few weeks. I do not own a laptop and I was thinking in buying a laptop then I can write it off as a business expense. What ...
1
vote
2answers
145 views

Changing from self employed to an LLC

At the moment I work self employed as a web developer creating websites. One such website has become fairly popular and I'm considering adding trademarks etc, is it possible/straightforward to switch ...
1
vote
1answer
119 views

LLC formed in WY, registered as Foreign LLC in CA, where to open business bank account?

Online, home-based company. Should I open a business bank account in WY or CA? Does this even matter? What different things do I need to be considering when making this decision?
0
votes
1answer
224 views

Does opening a bank account for an llc make a person personally responsible for the account?

I've asked a bank what they require in order to open a bank account for an llc, and the main thing was a "certificate of good standing". Since the "certificate of good standing" or even the "article ...
7
votes
2answers
201 views

Has anyone sold a “fork” version of their software?

I created a SaaS that became quite popular over the weekend. I had a steady stream of users sign up and many are actually still using it (lots of folks who signed up out of curiosity). Anyway, I ...
0
votes
2answers
280 views

What should I put as “the nature of business” in my LLC application?

I am filing for a LLC. It asks for the nature of business, what I should put in there? What my company doing, in one sentence, is - "provide location based service via web/website and mobile device ...
0
votes
2answers
160 views

Self employed. Protecting trading names?

I've been researching Limited Company vs Self Employed and I think I prefer being self employed until things get bigger, etc. However I can't seem to find anything saying how to protect a trading name ...
0
votes
1answer
30 views

CA LLC: What form do I file for minor name change?

Our startup's name is "Name LLC" and we're being nitpicky about it in hindsight and want to add the comma in there legally and recognized in the state's documents so it appears as "Name, LLC". What ...
0
votes
3answers
201 views

Business Expense Question: Paying Rent

I have an LLC set up, and am learning my way with regards to keeping books etc. I was told recently that I can use the business bank account to pay up to 50% of my rent (being that I am the owner, and ...
2
votes
4answers
1k views

How to take a draw in a multi-member LLC?

My business partner and I are forming an LLC. As I understand, members of an LLC are not employees and therefore are not on payroll. Instead they pay themselves by taking a draw from the LLC funds. ...
6
votes
1answer
615 views

How To Open US Business Bank Account For LLC Without Going to US

Recently opened a LLC in USA, I am non-US citizen, do not live in USA, we are running an ecommerce business, now we need to open a business bank account for this LLC without physically walking into ...
1
vote
1answer
163 views

What is a registered agent?

I'm researching how to start an LLC. I found a site called LegalZoom and when you fill out the forms, one question they ask is: Who will serve as the Limited Liability Company's registered agent? ...
2
votes
2answers
274 views

How to get an LLC license for my Blog business?

I've been blogging for a while now and I would like to establish my blog as a business (LLC). I heard that its the best license that suits a blog business. Any suggestions as to where I can get the ...
4
votes
2answers
822 views

Company formation for a non-resident – Delaware LLC and London LTD

Got a few questions about forming a single member LLC in Delaware or LTD in London. I’m looking into forming a company abroad for an easier way to do business and billing (+ its cheaper) and am ...
7
votes
4answers
359 views

Creating a Business for Side Programming

I'm an Android developer that has made money over some of the apps I've created in the past year. I have no corporate filing so I am currently considered a sole proprietor in the state of Florida. I ...