Which state should we choose for a business entity that does entirely online business - and should it be an LLC or S-Corp or ???

You have a choice of three models of organization. You can be a corporation (C Corp), a partnership, or an LLC. An S corp is merely a C corp that...

With the caveat that I have not seen your declaration and bylaws, I highly suspect that your board is violating them. I will never understand it,...

The S election under Form 2553 benefits the corporation. So long as you are a U.S. citizen, conveying 50% of the company to you will not affect...

This is probably a distinction between your trademark, and your name, and your corporation name. If this other person has used the dba longer, he...

I wanted to open a business for arts / clothing online store and for my apt rental but I’m not sure which corporation will

Absent unusual circumstances, which I don't see here, your best option is an LLC. Governance is simple and it provides you the insulation from...

The simple answer is "no," you do not have use LLC in your public announcements. Make sure that you are consistent. If your company is "ABC LLC"...

Do single-member LLCs really offer any protection of your personal assets?

I strongly recommend that you put your business into an LLC. Legally, there is no difference between a single-member LLC and a multi-member LLC. ...

Can a foreign individual or entity invest in an LLC?

A foreign national is free to invest in an LLC in the U.S. However, you cannot operate as an S corp. S corp regulations prohibit foreign national...

The simple answer is "yes." Maryland law provides: "(a) A member may inspect and copy, in person or by agent, from time to time on reasonable...

My first question is why a partnership and not an LLC. In a partnership, among other things, each partner is completely liable individually for...