That’s why corporations are often formed in states considered pro-business, such as Delaware or Nevada, or in overseas jurisdictions with favorable tax rules. The process for forming a corporation varies depending on the state or country, but two components are universal: articles of incorporation...
The term “company” refers to any business involved in commercial activities, while a corporation is a specific type of company. Corporations are defined by a separate legal status from owners, conferring limited liability protection. So, while all corporations are companies, not all companies are...
For our corporate readers here’s an interesting map that shows the largest company by 2014 revenues in each US state. No surprise to see that ExxonMobil (big oil) dominates Texas, while Sands (big gambling) leads in Nevada. See the statewide listingshere. Image: Map courtesy of Broadview ...
Unlike Nevada, the Wyoming annual report fee is only $50. Wyoming is known for clean business and the will to leave others alone when they’re doing the right thing. Wyoming has a stellar reputation for high tech, energy, federal contracting, defense, and the American entrepreneurial spirit t...
Nevada’s NV Energy allows customers to get 50% or 100% renewables if they consume at least 1 MW a year. Read our article, Big Corporations To Utilities: Please Make It Easy to Buy Renewable Energy. Here is REBA’s website: http://rebuyers.org/...
In addition, the C-Corporation election offers the benefit of income averaging. C-Corps are able to apply Net Operating Losses to two past years or carry them into future years. What Are The C-Corp Tax Election Benefits For LLCs? An LLC that makes the C-Corp tax election has its taxabl...
molded plastic products and currently leases eight (8) separate manufacturing facilities two of which are located in Miami, Florida, three of which are located in Brownwood, Texas and one each of which is located in Las Vegas, Nevada, Knoxville, Tennessee and Shreveport, Louisiana (the "Plants...
Fallon had asked Gates whether AI was going to “take over” and what the downsides and benefits of it were. Gates explained that “intelligence is rare,” but that artificial intelligence will start to replace great teachers and doctors over the course of the next decade. ...
They are many reasons for forming a LLC in the various other states, such as Delaware, Nevada, Florida, etc., but the states databases are almost always searchable and open to the general public, whenever a direct inquiry is made to the Secretary of State by any legal entity or other aut...
To create an appearance of corporate longevity in order to attract consumers or investors. To gain access to investment capital. To gain easier access to corporate credit. Top Benefits to an Aged Corporation? Business History – You get a company with a clean history. An Aged Corporation is fr...