Am looking to incorporate a C-Corp in the state of Delaware. Would like to double check that I know of all the required filings I need in Nevada to be completely registered for operation.
I encourage you to discuss this with a local Las Vegas business attorney to ensure that you are in full compliance with state and local law. In addition to the requirements detailed above regarding filings with the Secretary of State and checking for local requirements, please be sure that you comply with the annual statement publication requirement in NRS 80.190
NRS 80.190 Publication of annual statement: Requirements; penalty.
1. Except as otherwise provided in subsection 2, each foreign corporation doing business in this State shall, not later than the month of March in each year, publish a statement in two numbers or issues of a newspaper published in this State that has a total weekly circulation of at least 1,000. The statement must include:
(a) The name of the corporation.
(b) The name and title of the corporate officer submitting the statement.
(c) The mailing or street address of the corporation’s principal office.
(d) The mailing or street address of the corporation’s office in this State, if one exists.
2. If the corporation keeps its records on the basis of a fiscal year other than the calendar, the statement required by subsection 1 must be published not later than the end of the third month following the close of each fiscal year.
3. A corporation which neglects or refuses to publish a statement as required by this section is liable to a penalty of $100 for each month that the statement remains unpublished.
4. Any district attorney in the State or the Attorney General may sue to recover the penalty. The first county suing through its district attorney shall recover the penalty, and if no suit is brought for the penalty by any district attorney, the State may recover through the Attorney General.
never used biz...need to dissolve, I am the only member. Any idea what it will cost thru the state?
You can obtain the form online and it is very simple to complete. When you mail the form to the Secretary of State's Office in Carson City, the filing fee is $100. There are two forms available. One is for filing before the commencement of business: http://nvsos.gov/Modules/ShowDocument.aspx?documentid=989. The other is for filing after business commenced. http://nvsos.gov/Modules/ShowDocument.aspx?documentid=990.
You will want tp be sure the LLC is in "Active" or "Default" status. You can dissolve in either of those two statuses. If it has been revoke, you cannot dissolve without first bringing the LLC back into active status. You may want to discuss this with an attorney to determine which form is the appropriate form. You may also need to file a resignation of registered agent or other forms with other departments or government units at the same time.See question
We love this house do we have any rights?
Unfortunately you haven't given enough information for a definitive answer to be given to your question. Is the undisclosed second already on the property (granted by the current owner)? Assuming that is the case, and that you are financing the purchase, your lender would not let you close unless both the existing first and second were paid in full at closing. Otherwise, the new lender would be second in priority to the existing second. If the undisclosed second its a second you would be granting to get part of the money to purchase the property, then the lender on the first might be unwilling to lend because you are not putting enough of your own money in as a down payment.
You should discuss this with an attorney who can get a better understanding of the facts relating to this transaction and help you understand why this prevented your purchase from closing. The attorney can advise you on how you might move forward if you really want to purchase the property.See question
In order to but land and start a business without people we feel will try and stop us from going into business for their own personal reasons, we were told to form a S2 corporation as to hide shareholders and not allow said parties to know we are ...
There are many options to help you protect yourself and conceal your identities when you start a business. An S corporation is only one such option. You might also consider an LLC or a C corporation as well as other potential structures. Each option provides advantages and disadvantages. I encourage you to talk to a Las Vegas business attorney who can help you determine the best structure to use to achieve your goals.See question
What would be best for avoiding legal issues if/when one of us died?
While joint tenancy is one option, there are other options that you should consider. I recommend that explore your options with an estate planning attorney. How your real property passes to one spouse when the other dies is only one facet of the planning that should be done. An estate plan also helps you avoid living probate if one spouse becomes incapacitated, helps you ensure your assets end up where you want them to go and allows you to protect them even after you are gone so that your heirs are protected from creditors and others that might try to take control of their inheritance.See question
presently behind on mortgage 8 months, been making regular monthly payments since august, 2014. Tried to work w/ lender to work a way to become current that is financially affordable. We rejected their first offer to double our payment. Received l...
There are many options that may be available to you. While you may ultimately need an attorney to assist you, you might consider starting out with a housing counseling agency that can review your situation and help with this. I would be happy to help connect you with a local agency that can review your situation and tell you what programs are available. Please feel free to email or call me to discuss this.See question
Or can I buy houses in the corp name? I don't know the effects. Heard about putting assets in a Trustee. My purpose is for protection of assets. I don't really understand fully how this works. Thank you.
You can buy houses directly under the corporation but you can achieve additional asset protection by forming an LLC under the corporation to purchase, rehab and flip. I recommend you discuss this with an attorney who can explain the different levels of asset protection available to you and how best to accomplish your goals.
I'd be happy to discuss thus with you in more detail at your convenience.See question
I sold a business with seller financing secured by the assets of the business - final payment due in 2018. The location was sub-lease for which I am responsible to the landlord until 2017. The buyer expressed interest in pre-payment. If he does pr...
While you may be able to arrange for an indemnification and secure it with assets of the business, that will not impact your liability to the landlord if they default on the lease. The indemnification is better than having no protection at all. You may want to explore whether you can now obtain a release from the landlord.
I'd be happy to discuss this with you in more detail to explore your options.See question
I am the current treasurer of a club, the Board of Directors would like to apply for a non-profit status with the IRS. My first step is getting an EIN but the application is asking for my SSN. I don't want to link my personal SSN to the club. ...
The IRS will require one of the officers to provide their SSN in order to get the EIN. But there is more to this than just getting an EIN. did your club form an entity (usually a nonprofit corporation but could be an LLC or an association). If not, that is the first step. And that formation must meet certain IRS requirements to be eligible to be a 501(c)(3). You should talk to an attorney experienced in setting up nonprofits to ensure the nonprofit is set up correctly. Then once that is done you can go through the IRS process (filing ITS Form 1023) to get your IRS approval.
I would be happy to discuss this with you in more detail. I have helped numerous clients form their nonprofits and get their IRS approval.See question
I am a writer and do both freelance work and have a website which has a decent amount of traffic. I am looking to form an LLC in my home state of Nevada and am wondering if there is any advantage to forming it as a multi-member LLC as opposed to a...
Whether you form a single member or multi-member LLC, it is a separate legal entity for liability purposes so long as you treat it as a separate entity and maintain appropriate books and records. You should consult with your tax adviser to determine whether there is a tax advantage for electing to treat the LLC as a corporation (S corporation or C corporation) for tax purposes. If there is no benefit to being taxed as a corporation, then as a single member LLC your business would be covered on Schedule C to your personal income tax return. If you are a multi-member LLC you can elect to be taxed as a partnership or as a corporation.
You should consult with a business attorney to discuss the the advantages and disadvantages of each potential entity type (sole proprietor, single member LLC, multi-member LLC, or corporation).
If you choose to form an LLC (or a corporation), you can provide all your services (your website and freelance writing as well as other services if you choose to expand) through the entity.
I encourage you to contact a business attorney who can guide you based on all the facts and circumstances surrounding your business. I would be happy to provide a free no obligation initial telephone consultation at your convenience to discuss these issues.See question