Author: Frank Orlando

The Illinois Secretary of State announces that, effective immediately, Limited Liability Company Filing Fees will be reduced by new law. Until now the filing fee for a new LLC was $500 and the annual report fee has been $250. They
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Delaware Legislation for Corporate Franchise Tax and Business Trust Fees have changed. Delaware House Bill 175, Laws of 2017, has increased the following corporate franchise tax rates and amounts and statutory (business) trust fees, effective as noted below:   Franchise
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Effective October 1, 2017 the Nevada Initial List and Business License Application will need to be filed, and paid for, at the time of formation/registration of any new Domestic or Foreign business entity. In the past these filings were due on
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By Frank Orlando; June 22, 2017 Just formed your business? Need to open up a bank account? When starting a new business one of the main requirements to operate will be to have and maintain a bank account and while
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Have you started your own business, or are you considering it? Something that is often overlooked in the exciting and sometimes daunting process of starting your business is that there may be licenses and permits that are required for you
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In December 2016, final regulations were passed by the IRS requiring foreign-owned US Disregarded Entities, ex. LLC’s, to file an information return, Form 5472, with the IRS. Prior to this change only US entities or foreign corporations, who are engaged
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Further to the previous updates regarding House Bill (HB) 267. The ACT, relating to corporations and limited liability companies; altering licensing fees for corporations and limited liability companies and providing for an effective date, was originally introduced on January 31,
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