LLC? Business Account?

If you are just working as an employee at the barbershop, there probably is no compelling reason for you to form an LLC or other business entity....

What is the best way to use my personal money to open and make a deposit into my LLC checking account for startup expenses?

You will contribute your personal funds to the LLC as an initial contribution to capitalize the LLC. That is perfectly appropriate and not a...

Selected as the best answer

Who is the owner of the corporation.?

The status of an incorporator is irrelevant to stock ownership. The stockholders to whom shares of capital stock are issued are the owners of a...

LLCs are for-profit entities and are not structured to obtain tax-exempt status. For example, they have owners (members) who share in the profits...

If my employer is sold is my non compete still valid or do I have to sign another one with the new owner ?

It may depend upon the structure of the "sale" and the terms of the non-compete, but it is likely that the agreements would remain valid and...

No, a member cannot be expelled from an LLC. If the "partner's" actions render the LLC reasonably impractical to conduct operations, you may...

Does writing a partnership contract and its conditions and notary public make it legally valid ?

It's impossible to assess whether an agreement is valid and legally binding without seeing it. I can say that whether the agreement is notarized...

Can I leave my LLC registered in NYC if I no longer live here?

Yes, the LLC can remain registered in New York even if you relocate outside the State. If the LLC does not have a physical presence in the State,...

How do I change from sole proprietor to partner LLC? Can I DBA or have to form new LLC?

I agree with my colleagues. Unless you form a limited liability entity like an LLC or corporation, you will be general partners and will be...

How can I revoke a bond I posted for someone through a bondsman?

You don't say for what purpose you posted the bond, but you likely will not be released prior to the expiration of the bond term without the...