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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.
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It can be performed as a loan, loan guarantee, equity purchase, or another investment form so long as it achieves a charitable purchase. [ 36 ] By definition, L3Cs must outline in their operating agreements how they will meet the provisions of IRS Treasury Regs.Sec.53.4944-3(a) which indicates the requirements for PRIs.
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