Mar 4, 2022
Can I Operate Multiple Businesses Under One Business Entity?
The general rule is there are no legal barriers from operating more than one business under the same company, although there are important exceptions.
Powers & Authority
Apr 28, 2020
Why Shouldn’t a US-Citizen “Open Up a Bank Account” for a Foreign National?
US Federal Law requires that banks “know their customer,” which are called “KYC laws” in the business. To learn more, google “bank KYC laws”. These laws have been around a...
Jan 9, 2019
Why It’s a Bad Idea to Hire a “Straw Man” as a Manager to Maintain Anonymity
There is quite a bit of documentation on the Internet about anonymity, and how to maintain anonymity in states that do not permit anonymity. Unfortunately, like much information on the...
May 1, 2018
What Powers does the Organizer or Incorporator have?
An “organizer” (for limited liability companies, or LLC’s) and “incorporators” (for corporations) have the power to initially form the company. That’s it. Once the company is formed, the organizer or...
May 1, 2018
What Powers does the Registered Agent have?
The short answer is “none.” The Registered Agent has no position within the company, and no power. The Registered Agent’s job is to forward service of process to a Company’s...
May 1, 2018
Member or Manager Managed?
This question applies to limited liability companies (or LLC’s), not corporations. This is a very common question, and the answer is surprisingly not a legal one. It’s a business question....