Ads
related to: can one llc own another
Search results
Results From The WOW.Com Content Network
Simply forming an LLC in any state may not be enough to meet legal requirements, and specifically, if an LLC is formed in one state, but the owner (or owners) are located in another state (or states), or an employee is located in another state, or the LLC's base of operations is located in another state, the LLC may need to register as a ...
They can either create and register a business organization or establish and register a branch or representative office. [2] Previously, foreign entity registration was handled through the National Registration Center, which had implemented a streamlined "one-stop-shop" system since September 1, 2007.
Another option may be to form multiple series or "cells" if permitted under applicable laws. Although each cell of a Series LLC can own distinct assets, incur separate liabilities, and have different managers and members, a Series LLC may be able to pay a single set of annual state fees and may be able to file one income tax return each year.
With one LLC as good as another for this purpose, there’s no reason to pay more than you need to. In any case, the cost of forming the LLC is tax-deductible, so it’s worth noting your expenses. 2.
Yes, it is possible to buy a property in your own name and then transfer the title to the LLC at a later date. But there are some potentially serious consequences to consider before doing so.
For premium support please call: 800-290-4726 more ways to reach us