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Nevada Business Formation Questions & Answers
1 Answer | Asked in Business Formation, Business Law, Civil Litigation and Contracts for Nevada on
Q: Can my business partner change ownership percentage without my knowledge?

I have K1s stating my percentage ownership. Is K1s good enough to establish percentage of ownership?

Tri Minh Nguyen
Tri Minh Nguyen answered on Apr 13, 2020

Good question. Usually, a business partner can't change your ownership percentage in a partnership or company without your permission or unless you have given the partner some sort of right to do so. There are tax implications associated with that change (especially if you are in a... Read more »

1 Answer | Asked in Business Formation, Business Law, Criminal Law and Immigration Law for Nevada on
Q: Is that possible to an ilegal alien to get a car dealership license or not?

an ilegal alien that have his visa expired and have only this issue

thanks in advance

Hector E. Quiroga
Hector E. Quiroga answered on Nov 20, 2017

It is hard to say, since that’s more of a state level issue. Assume that it is unlikely, however.

1 Answer | Asked in Copyright and Business Formation for Nevada on
Q: Im thinking of starting a disney, marvel, harry potter and so on... themed escape room would that be ok ?

It be themed in that universe and we would just use pictures of them and you must answer trivia questions and puzzles to get out of the room.

Will Blackton
Will Blackton answered on Jun 15, 2017

For the purposes of this answer, I am assuming that you mean a business that operates recreational escape rooms:

It would be wise to seek the permission and a license for this use from the owners of those intellectual property assets. If a customer were to think that your escape room were...
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2 Answers | Asked in Business Formation, Business Law and Patents (Intellectual Property) for Nevada on
Q: What're the steps to starting a clothing brand?
Peter D. Mlynek
Peter D. Mlynek answered on May 9, 2017

Congratulations on starting a new venture! I hope that it is successful.

It is good to hear that you recognize that intellectual property may be important to your business, and you are interested in protecting it so early on. You are way ahead. It is always hard for me to tell clients...
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1 Answer | Asked in Business Formation, Business Law and Tax Law for Nevada on
Q: So I started my llc early this year and have sold nothing but im getting a tax delinquency letter, not sure what to do?

n/a

Matthew M Montoya
Matthew M Montoya answered on Sep 30, 2016

The IRS letter will tell you which tax form the delinquency is for, as well as the tax year. Make sure your confirm that the letter is for your business and not you, personally, because they can be two separate issues. It's difficult to know exactly what the issue is without seeing the... Read more »

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