1
vote
3answers
36 views

Language for Articles of Organization LLC Ownership

I am in the process of drafting the articles of organization for my LLC. I would like to specify in there, that the ownership of the LLC is specified with units, and LLC members receive a certain ...
0
votes
1answer
38 views

Business Cards DBA

I am a designer and I have a client that has an LLC business and they have decided to run another business simultaneously. Because both business share the same space and use many of the same tools and ...
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 ...
1
vote
3answers
163 views

Do I need to register as LLC even if I plan to make my iOS apps free?

I have personally made some apps and I want to put them on the Apple app store as free apps. I will probably also make them open source on github or something. I had been reluctant to do so because ...
0
votes
1answer
85 views

Can a minor form an LLC in North Carolina?

I am 16, and live in North Carolina. I want to start a software company. I have made some programs that could make some money, and I would like to start an LLC. Is this possible? If not, is there ...
1
vote
4answers
148 views

C-Corp vs LLC. How much more complex?

I am starting a technology business with my 50% partner. We are trying to decide between an LLC and a C-Corp. (We are in Michigan) In our case an S-Corp probably won't work too well. I've read a ...
1
vote
1answer
53 views

How does an LLC guarantee a debt?

In regards to LLC protection, if you are the only person in the company and personally guarantee a loan, your assets are not protected if you default. What is the other method of guaranteeing the ...
0
votes
1answer
85 views

Receiving payments for my LLC in my personal bank account

Before I setup my LLC I would receive payments to my personal account. So, going forward is it ok to continue with the way I receive payments, and deposit/transfer manually in the company account? Are ...
0
votes
1answer
56 views

Naming an LLC - conflicting with a service trademark [duplicate]

Possible Duplicate: Somebody got a trademark for a domain I own. I am planning to launch my service in a week I'm looking to name a startup (LLC) with what I think is a cool name. Upon ...
0
votes
0answers
32 views

Can employers claim intellectual property even if employee has an LLC? [duplicate]

Possible Duplicate: If I'm working at a company, do they have intellectual property rights to the stuff I do in my spare time? I have my own LLC. I created it during my time of ...
0
votes
0answers
78 views

Can you shield your personal assets under an LLC? [closed]

Situation I understand that an LLC acts as a legal barrier to protect your personal assets (savings, home, car, etc...) if you were taken to court on a judgment, all of those items unless extreme ...
3
votes
3answers
191 views

Is it worth it to create an LLC through Nolo?

Situation I am in the process of educating myself about the inner workings of an LLC, it's forms of taxation, maximizing deductions, etc. through a couple of books from Nolo, along with Limited ...
1
vote
1answer
48 views

What should happen first: File for the Business or Find a Place to do Business?

The question came to mind when I went to file for the business which will be an LLC in Florida. One of the questions that came up was the address in which I will be conducting business. On the other ...
2
votes
1answer
108 views

What should I watch out for when closing an LLC?

I'm declaring one of my startups kaput and moving on to another. The first venture, Stronico Contact Management, was an llc and had a ten percent partner. We declared it closed by mutual agreement ...
2
votes
1answer
83 views

Transfer product into LLC

In the last couple of month, i've built a cloud based application and it's now ready to launch. I also applied for LLC in California in last month, but waiting for the application to complete. My ...
1
vote
2answers
139 views

Getting started with an LLC

Two friends and I have run a website for a year or so and now we are about to add in our premium model so we can start bringing in some money. I have been advised that we should register an LLC prior ...
2
votes
1answer
70 views

What if I decide that I want to change the state that I formed my LLC in to a different state?

For example, say I form my LLC in Delaware and then decide several months down the road or maybe even a couple years down the road that I want to change the state to Florida and form my LLC in Florida ...
0
votes
1answer
223 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 ...
1
vote
2answers
174 views

LLC Tax Laws ::: Groupon Vouchers

TheCompany, LLC is a Groupon type service that offers local business discounts in the form of a redeemable voucher. I, TheCompany.com will offer a platform that businesses can make "Daily Deal" type ...
1
vote
3answers
556 views

What is the definition of capital account?

It seems that it's a virtual term. It is not a bank account. It is the net result of gains-losses. And it seems that there are two types of such accounts – the llc's, and members'. The account should ...
1
vote
1answer
55 views

What is an LLC Act?

I've seen that in more than one text. Google hasn't helped.
2
votes
3answers
275 views

LLC, 3 members, 1 wants out

I am a member of an LLC along with two others. We each own 33% of the company and have invested very little. One of the three members has expressed interest in cashing out, severing all ties to the ...
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 ...
1
vote
1answer
83 views

We are an LLC from NJ, can we hire this guy from Canada, who is a temporary resident?

We are a small software based start up in NJ, we recently got a couple of projects from Canada and we're loving them. We came across this guy in Canada, he is very talented and we think he will be ...
1
vote
1answer
522 views

Is it legal to accept donations as an LLC?

Similar questions have been asked, but I'm still not completely understanding. I have an LLC that sells apparel, and people have offered to give us donations because the idea of our company is to ...
2
votes
2answers
348 views

Can a US LLC do business in Canada?

We have registered an LLC from New Jersey and now we have have got couple awesome projects from Canada. They are software projects. Can we do them from here (US)? How about the taxes? Can some please ...
1
vote
2answers
425 views

Operating agreement vs Founding Agreement?

I am part of an L.L.C. and have heard a lot about operating agreements and founder's agreements. Can anyone clarify the differences between the two for an L.L.C. Thanks!
1
vote
2answers
108 views

Rules for using company's registered name

If I've a company registered as Abcd LLC, is it safe to write it as ABcd in email templates etc. ? or are there rules for that.
1
vote
2answers
296 views

Online business and state registration?

I'd like to form an LLC for an online business in a state other than mine (I live in California), but am not sure about the state in which I should register the business afterward. The business will ...
0
votes
1answer
230 views

How will a registered agent protect my privacy?

If I get a registered agent for my LLC, does that truly protect my privacy? So if an employer, friend, coworker, relative, etc wanted to find out who owns the company, could it be done? What are the ...
0
votes
1answer
170 views

Pay a lawyer to convert partnership to LLC or do it myself?

I recently started a partnership (4 months ago) and now I want to convert it over to an LLC. We are starting to generate profit and we would like the limited liability protection. I've been thinking ...
1
vote
1answer
136 views

Withholding Requirements

I started an LLC in NY with LegalZoom back in January and have not been paying much attention to the "Withholding Requirements". I don't have employees and I'm not getting paid, do I need to file ...
4
votes
4answers
183 views

How should I structure my web start up considering one of my new partners is in Sweden?

I've started a website that has gained significant popularity. While we don't make any money yet I now require the help of another person. The individual that I have brought on lives in Sweden. I want ...
1
vote
1answer
68 views

What would have to happen to force disclosure of the members in an LLC?

When the Operating Agreement is housed in the executive offices vs. the attorney of the members?
0
votes
2answers
613 views

Do I need an LLC for a website that makes money from ads?

I was looking for some important startup advice for something I am trying to start. I am creating a financial planning/informational website with a buddy. The only way we are going to make any money ...
4
votes
2answers
821 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 ...
0
votes
2answers
108 views

LLC advertising

I have established an LLC online, but I've been told I need to by law, advertise the LLC's existence in a local/national newspaper. Is this true?
3
votes
3answers
670 views

Moving to another state, do I need to relocate my LLC

I have an LLC for my custom software development business. It is currently registered in Virginia where I have lived for years. Now I am moving to NC because of my wifes work. Everything I do is ...
3
votes
3answers
239 views

I have a site and a company. How do I actually put the site as owned by this company?

Essentially, a site is just something independent that lives on the Web. How do I actually associate that site as being protected under legal liability of my LLC company? Does it just happen ...
3
votes
2answers
88 views

How can you find a legal expert or a legal partner for an LLC you're creating?

How can you find a legal expert for an LLC you're creating? I'm in the Providence, Rhode Island region and am wondering where I should look to find legal experts so that I do not get fined or taxed ...
6
votes
3answers
4k views

How do you actually setup a vesting agreement for co-founders w/out breaking the budget?

I'm based in Hong Kong. I've read through a lot of information about share vesting for co-founders and realized that is definitely the solution I want. I'm now trying to figure out how to actually go ...
14
votes
3answers
726 views

Overbudget and unable to complete software contract. What can I do and what can I expect to happen?

This might be a slightly long story, but I really would appreciate any help you can give me here. I am a young entrepreneur and currently run a struggling website development / software company. ...
4
votes
1answer
446 views

Is there any tax advantage or incentive to leave money in an LLC at the end of the tax year?

We're forming a 2 person LLC and part of what we're trying to figure out is how much to leave in the LLC to build up some capital reserves. Since an LLC is a pass through tax entity if the LLC earns ...
1
vote
2answers
361 views

Freelance Application Developer forming LLC

I'm a super noob when it comes to this stuff, so please bear with me... I do a little freelance application development work on the side, and this has recently started to increase. I just took a job ...
2
votes
4answers
318 views

One-man startup wondering if I should recruit help, and the smart way to go about it

I'm looking to start a website to supplement my day gig. I have the ideas, funds, and skills to do pretty much everything by myself, except for the front-end design. I plan to own the site under my ...
2
votes
2answers
559 views

Costs associated with starting an LLC in Massachusetts?

I am going to be starting a LLC business (wedding photography) and I was curious about the associated costs. The business will be registered in Massachusetts. I understand that an exact number may not ...
0
votes
1answer
102 views

business start day

Does anything of the following constitutes as a business start day for my newly formed LLC? Paying freelancers to build the website which the LLC will be conducted under. Revealed to the press that a ...
0
votes
4answers
3k views

Do I need a DBA for my website?

I just registered my LLC, do I need a DBA if the business will be conducted under a domain name only? Also, what is the "business start day" for an internet company?
0
votes
5answers
266 views

Some advice on if i should register as an LLC, corp or none of the above

I'm going to be working with some friends to start up a few websites. It won't always be the same group of people working on each site. Initially we expect to make no money on any of these sites. In ...
9
votes
4answers
1k views

Finding a good lawyer / accountant for my startup

I have been told that deciding how and when to incorporate my startup is best answered by speaking to an accountant or lawyer about my individual needs. Besides relying on referrals, how can I ...

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