Which state of formation you recommend for an LLC considering my alternatives (see details) ?

If you live in Manhattan, and will operate your business there, chances are that you'll be considered to be "doing business" in New York. This...

Where could register IOR (Importer of Record)?

You will need to hire a custom's broker unless you have personnel in the US. You will also likely need to post a bond (sometimes you can use the...

Should I get a lawyer to write a letter requesting to settle or I'll take it to court?

Court processes in the US take a long time and cost a lot of money. Usually, each side pays for their own court and lawyer costs, unlike in most...

I am opening a new business and am wondering if forming as an LLC truly provides protection of my personal assets?

The LLC and Corporation provide similar levels of liability protection, but the protection does not prevent you from being liable for personal...

Sole proprietor buying computerized fashion sketches from French company. Does any US import dutty or taxe apply?

Generally, downloaded files are considered "intangibles" and not subject to tariffs. Technically, it could also be said that you're really...

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A "passive investor" is by definition not managing the company, and should have no authority to open a bank account for the company. If you are...

Sorry to hear about your problem. Unfortunately, it is very very difficult to remove content from the internet. The first question you need to...

How and what exactly does an LLC provide protection from versus being a sole proprietor in a business? I was told it's nothing.

Others are right in that an LLC does not protect you from your own wrongful acts, but it does protect you from the wrongful acts of the company....

Setting up non-profit

By non-profit, I assume you mean a 501(c)(3) organization? If so, there are two steps. The first involves setting up the organizational...

LLC official documents and shares

Did the lawyer file the certificate of formation, or did he just prepare it and expect you to file it yourself? LLCs are a little different from...

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