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Can a Minor Child Own a Company?

The very quick answer is that yes, a minor child in the United States can be an owner (or part owner) of a Company, provided the Company doesn’t have rules...

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Overview of Professional Corporations

What is a Professional Corporation? A Professional Corporation (or PC) is a legal entity formed by one or more individuals who are required to obtain a license to provide services....

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What is a Certificate of Good Standing?

A Certificate of Good Standing, sometimes referred to as a “Certificate of Existence” or “Certificate of Authorization,” is an official document issued by a state agency in the United States....

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Understanding How to Form a Corporation

As a business owner, forming a corporation is often the best way to protect yourself and your business. It provides liability protection, tax benefits, and easier access to funding. But,...

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Return of the C Corporation

If you’re starting a new business (or reorganizing an old one), you have a few options to choose from. For example, you could form a Limited Liability Company (or LLC)....

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Legal Structure and Your Business

Legal Structure and Your Business Oh great. Another thing to think about. In this blog entry for our “So You Want to Start a Business” series, we tackle the different...