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Types of Business Entities in China
China’s Company Law recognises two types of companies. Limited Liability Company This type of entity requires a minimum capital of RMB 30,000 with less than 50 shareholders. The capital can be in the form...
4 commentsTWRPS Highest Paying Affiliate Program In The World
Teamwork Revolution Power System is one of the best affiliate programs that has hit the online world, it brings you both great products and residual income, its impossible to ask for more because this program...
2 commentsTop Ten Nevada Incorporation Myths
1. You can hide your identity with an officer nominee service. Not true. If your corporation is served with a lawful subpoena by the IRS or a judgment creditor your resident agent and/or officer nominee...
0 commentsForming an LLC Online – MyCorporation, LegalZoom & IncorporateTime
Congratulations! You're on the way to creating your own business and you want to form an LLC (limited liability company)! They're great for smaller companies with fewer owners than larger businesses. Read about the benefits of forming an LLC and how to go about doing it online!
16 commentsWhat are the Tax Advantages of Forming an S-Corporation & How do I Form an S-Corp?(IRS Form 2553)
In an S-Corporation, only earnings actually paid out to an owner as compensation for services are subject to payroll taxes. Any money left in the business for reinvestment or distributed to the shareholder as...
4 commentsWhat is a limited liability corporation?
"What exactly is a limited liability corporation?" A limited liability corporation can mean slightly different things to different people and legal entities. The legal world and the political world agree that the LLC is often the business structure of choice for new business owners because of the protection from personal liability and the freedom that the flexibility of the ownership structure provides.
0 commentsWhy the Single Member LLC Needs a Written Governance Agreement
If you are the single owner of a business which is run through a limited liability company, you must have a company operating agreement. Why? Because without one, the chances of you losing your liability...
0 commentsForming a LLC
When forming a business, many people find themselves in the situation of trying to decide whether to create a corporation or a partnership. Creating a limited liability company (LLC), on the other hand, is a...
0 commentsLLC Missouri Steps - Don't Mess These Up or You Risk Liability
Section 347 of the Missouri statutes contains the Missouri Limited Liability Company Act. A landmark law, this act paved a path for Missouri entrepreneurs to make business ownership less risky and less...
0 commentsCorporation or LLC, which is right for me
In order to find out which one is right for your business you will need to take a look at the various advantages and disadvantages of each type of business structure and then make your choice.
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