I am orginally from the UK and had this business idea for over two years now I see alot of people online doing this method illegally (well in the UK you need a license to do this). I want to start a business to host these methods legally the business may come under gambling as it would be a hosting... Read more »
Hi, I am trying to start a touring company in Jamaica with my brother. He will be responsible for hiring and securing proper licensing and management of drivers in Jamaica, (already hired one) and I will be in Florida, running the business, banking and marketing end. What would be the best way to... Read more »
I know FL Stat. 608.406 1(a) states, "The world 'limited' may be abbreviated as "ltd." but I am not sure if that means as part of writing out Limited Liability Company, or if it can be used as the designation completely. Thanks
The Revised Florida Limited Liability Act is found in Florida Statutes Chapter 605. Section 605.0112 of the Act provides that the name of a Florida limited liability company must contain the words “limited liability company” or the abbreviation “L.L.C.” or “LLC.” The abbreviation "Ltd"...Read more »
As my business scales, I'm finding it necessary to leverage some sort of written protection to not only outline my level of service offering(s) to my clients, but also a way to outline the duties of the staff I will be hiring. I want to ensure all parties are clear on what each party provides to... Read more »
As per Florida statute (Instruction of Article of Organization (FL LLC) on sunbiz website), I am planning to submit application on 06/01/2019 for Single Member LLC to start consulting business (home based) providing engineering advising services but I will keep the LLC Effective Date of 08/15/2019... Read more »
You will not have an active LLC until the date of filing so you cannot hold yourself out as conducting business under that name until it is active. You will be a sole proprietor until you have an active LLC. I recommend speaking to a business attorney because there is a lot more to starting your...Read more »
Can the registered agent represent the corporation's officers within the state of Florida? It is unclear what you mean by "represent"; to act as those officers' attorney, and in particular to represent them in court, the agent would have to be licensed to practice law in Florida.
Limited liability is available for owners of corporations and LLCs. Tax treatment is different for each. The best bet would be for you to consult with an attorney or accountant in your area, who practices in the area of business formation.
We you start a new business, shortly after the business is established, you should apply to the IRS on Form SS-4 to obtain a new Employer Identification Number (EIN) for entity. You can find the form on-line, it is very easy to complete. You will most likely need this EIN to open a bank account...Read more »
You can draft the bylaws to provide for both CEO and president to be separate offices in the corporation, but a single individual acting in both capacities. Whether this is a wise decision or not depends on your particular circumstances.
I wanted to start a company with an associate of mine a few years ago. We agreed on how we would structure the company and what our roles would be. I would develop the product and he would handle business and sales operations.
Without the company being formalized, I created the product... Read more »
You may have formed a general partnership. A partnership is a business form created automatically when two or more persons engage in a business enterprise for profit. I would have him signed documents stating that no partnership was formed and disclaiming any rights to the product.
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