Business Formation Q&A by State
Your current state is Virginia
Business Formation Questions & Answers
Q: I need to issue 9,000,000 additional shares to my existing 1,000,000 share c-corp in Florida. How can I do that?
You do it the same way you issued the first one million shares.
Q: IF I CANT AFFORD THE CAR I PURCHASED ( MONTHLY PAYMENTS ) CAN I ASK THE CREDITOR TO REPOSSESS THE CAR?
I NEVER PAID THE SALES TAX ON IT, I CANT AFFORD THE TAXES,$1800, IT WAS NEVER TITLED IN MY NAME, IVE BEEN DRIVING AROUND WITH MY OLD PLATES FOR 6 MONTHS, AND IM 3 MONTHS BEHIND IN THE PAYMENTS. I NEVER SHOULD HAVE PURCHASED THE CAR, ITS ALMOST $ 400 A MONTH, AND MY HOURS AT WORK HAVE BEEN CUT. CAN... Read more »
You can ask. If it gets repossessed it will be resold and you'll probably be sued for the deficiency, however.
Q: My employer has been breaking multiple employment laws , he removed his hard drive when he switched payroll co. Strange?
I didn't receive any online paystubs for my direct deposit the entire time my employer used this online payroll company . He switched companies and got a new computer , him and his friend that switched out computers , put up a bunch of security cameras all over the resteraunt. I find this strange... Read more »
Greetings,
This sounds very bad.
I might be willing to help, but first I need to know who is the employer and owner of the business. Also, where you worked and when this all happened.
Jeff Merrick
merrick@jeffmerrick.com
503-665-4234
Q: Do I need to be a LLC or similar? As an independent contractor Process Server I want to protect myself, home, car etc.?
I use my own car and am paid 1099 in my own name. In case of an issue during the serve or an auto accident while working I want to protect my family, house, cars etc from litigation/responsibility.
As an Indiana attorney, I'm not familiar with Illinois rules governing process servers, so I can't tell you if there are any specific provisions of those rules that might affect the answer to your question. But I can answer your question as a general matter.
As long as the LLC is properly... Read more »
Q: Question re: intellectual property (software, trademarks), closing a CA LLC partnership, and marital property and debt.
I want to hire someone for legal advice but don't know what type attorney I need.
I had my own IT business prior to marriage. While married I formed a CA LLC partnership with then husband and a family member of his.
I filed for divorce and it went through uncontested, but the LLC... Read more »
you need a business attorney and possibly a family lawyer as well.
Q: What is the least expensive way to buy into an LLC with regard to Iowa and federal tax cost?
Father and two siblings put farm into LLC (split 50/25/25). One of the siblings is going to nursing home and selling their membership units (25%). An agreed price has been established for units. Should the LLC buy the seller's units and then sell them to me? OR Should I buy into the LLC first? What... Read more »
You need to hire a professional. There's a few things in your question that are not correct in regards to how an LLC functions. You're going to need more detailed advice than should be given through this forum.
Q: Deformation, lost wages, emotional distress. Investor for start up. Wanted 40% after 3mo in. Can I sue!
Contracts with local clients- established. Investor wanted to deposit “monies” from unknown sources into business account. I am a Lease holder and investor has put myself and the employees out. Investor has made slanderous comments to members of the business community. I have lost all wages,... Read more »
Based on the facts provided you may have a claim for tortious interference with business relationship.
Q: What is the effective difference between a C-Corp and an LLC taxed as a C-Corp?
I am from the UK and looking to setup a US business. I've decided that taxation as a C-Corp is best as I am looking to build capital and retain profits in the company so a pass-through entity is not ideal. I understand that as a C-Corp, things are more formal and decisions require minuted... Read more »
For tax there is no difference. For state business compliance issues a Corporation has slightly more things that have to be done to maintain the corporate veil. Annual meetings are required where an LLC can waive them you have to set a par value for shares and report the number of shares issued... Read more »
Q: Subway and their false advertisement question?
so you walk into a Subway in the sign on the glass usually states, make it what you want. Well if you try to order a wrap let's triple or quadruple me, they claim that corporate policies do not let you. Wouldn't that be considered false advertisement because now I'm not getting to be able to make... Read more »
With those types of statements, the underlying premise is that the customer's wishes would be fulfilled, within a standard of reasonableness, not necessarily in a literal sense; or in this case, within the reasonable guidelines of their corporate policies. You could consult with an attorney to ask... Read more »
Q: Is it legal for me to leave business cards on office building doors?
I'd like to hand out business flyers at individual office suites within an office building. Do I need the landlords or cities permission to do this? Can I leave business cards behind if the tenant is not present.
Yes, it would be advisable to get the landlord's permission, identify yourself at the security desk, and obtain tenant's consent at their reception desk if you are given permission to go up to their floor or suite. Enhanced security protocols have made entering large office buildings more stringent... Read more »
Q: Can an individual place restrictions on property they are selling if no restrictions were on it before?
My wife and I purchased a 10 acre tract in Polk County on FM 3126 outside Livingston city limits, not in a neighborhood, no HOA or zoning. The land sale contract states "The property shall be used exclusively for agricultural or single-family residential purposes." If we decide to build a... Read more »
I suggest you see if the seller will amend; otherwise, you signed a contract with them and they can hold you in breach of that contract.
Q: If I have a Service Mark under an LLC can this be considered a "business name" to add to a business bank account?
I have an events LLC producing different types of events. I would like to have two brands under the main LLC to do business as. If I trademark or service mark the 2 event brand names, would that be enough to do business as and add the name to a business bank account? Or would I also need to open... Read more »
It isn't one or the other, they have different purposes. The short answer is that you should probably do both in order to accomplish everything you describe, and likely other things too. Hire a business attorney to give you specific advise on all of this.
Q: I want to start a vacation rental (AirBNB, VRBO) management company in Nebraska.
Basically I would just manage the listings and cleaning. Do I need a real estate brokers license or any other licenses for this?
What licenses you may need depends on the specific structure of your business. If you are only listing, renting and cleaning a couple of properties that you personally own, you may need need a broker license or similar license. If you are doing such with property owned by others, you may very... Read more »
Q: Which options for communicating with a business come to your mind immediately?
When i contact a business:
When a business contacts me:
Telephone, email, letter, text, fax, and messaging platforms
Tim Akpinar
Q: How do I move an LLC from NY to CA in a process that results in a domestication equivalent.
I am under the impression that New York doesn't allow for domestication, and because it is required in both states it wouldn't be possible as a result. Therefore, my only options would be creating two LLCs, potentially dissolving the original, or creating a foreign entity in CA. However, I recently... Read more »
There would be no reason to do this. It does not impact taxation or operations.
Q: HOA laws in Puerto Rico. Looking for info on where laws can be found, summary analysis of key, legislative structures
Hello and thank you for using JUSTIA. There is no one place to find HOA regulations. Each community sets up its own rules and regulations. However there are basic rules such as horizontal laws for condominiums and access control laws for gated communities.
Q: If I am looking to start a business, but the name is taken on facebook and instagram but inactive, can that be trouble?
I am trying to start a business but the name is taken on instagram and facebook, but the accounts have not posted in years, and has under 100 followers on instagram and just 2 on facebook, can that lead to trouble?
It's possible that you may have an issue with the name. I'd probably look at the US Trademark database (uspto.gov) to see if anyone has filed a trademark for the name. If not, I'd check the database for your state's secretary of state and any fictitious business name (i.e., "doing business as" or... Read more »
Q: I help with an online business that isnt an actual established business, kind of like selling stuff on facebook.
over the past month I helped with collecting the payments and sending them to the vendor for the items. The vendor never shipped any items, she made fake tracking numbers, and etc. People are saying they are going to report me because I took their payment but I have proof from my bank account that... Read more »
Since you saw the need to double down and admit to being involved in further cybercrimes I saw the need to repeat my advice posted in answer to your earlier question.
Based on your own description of the "online business" that you say you "help run" it will be hard for you to convince many... Read more »
Q: I help run an online business, and I need advice
over the past month I helped with collecting the payments and sending them to the vendor for the items. The vendor never shipped any items, she made fake tracking numbers, and etc. People are saying they are going to report me because I took their payment but I have proof from my bank account that... Read more »
You should hire an attorney to go through the transactions, the customer complaints, and the rest of your business to help you prepare to defend allegations that you are part of the scam.
Q: I make three payments for a contract about cleaning house I nobody told me nothing nobody called me
I don’t know was going on
You can sue for your money back, or file a police complaint for consumer fraud.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.
