Supplementing Mr. Sprang's answer, the LLC would need to register in Virginia only at such time as the activities in Virginia rise to the level of...

Mr. Owens has given an excellent answer. In the absence of any evidence of the "agreement" between you and your partner, the company likely will be...

The selling shareholder sells his or her shares pursuant to an agreement. The Form 2553 and the corporation's tax returns do not cause the transfer...

Question on business?

A business entity may engage in multiple businesses if its organizational documents permit it. Aside from that, you need to determine whether any...

Typically, an operating agreement will remain in effect unless and until it is terminated pursuant to the terms of that agreement or by consent of...

The LLC will need to have a physical address in Florida or a registered agent in Florida. It also can have offices in other States, including New...

What is the liability LLC voting partner?

The liability of a LLC member (they are not partners) will be determined pursuant to the law of the State of organization and the governing...

S-corporation acquire or merge possible - same owner

The facts are unclear from your question, but it appears that an Illinois Corporation is considering acquiring a New York S corporation. There are...

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Is it legal to have two individual LLCs sign an agreement with a client to perform separate services under a brand/domain name?

You describe a joint venture, which is a "partnership" between the two LLCs. The joint venture would be operated pursuant to the terms of a joint...

I assume that the S Corp. is a corporation under the law of the State in which you reside. As you indicate, your "partner" breached his fiduciary...