When you start a business, one of the first things you have to do is choose a legal entity. Let’s look at the most common types of legal entities, their tax implications, and how to set one up. What is a legal entity? A legal entity is an indiv...
Moreover, a FEIN protects your identity since you won't have to use your Social Security number on tax documents. However, it's important to keep your FEIN secure — scammers can steal it and use your business information fraudulently. [Read more:How to Choose a Legal Entity for Your St...
However, navigating the complexities of Spanish employment laws can be challenging, particularly if you do not have a legal entity in the country that can fulfil HR functions. This is where Employer of Record (EOR) services come into play. EORs enable companies to hire employees without ...
How much does it cost to start an LLC in New York? How long does it take to get an LLC in New York? Here are the steps to form an LLC in New York 1. Search your LLC Name 2. Choose how you'll approach the LLC Publication Requirement 3. Choose a Registered Agent (optional) 4....
Please see this page: How to get an EIN without SSN. If you have a Single-Member LLC: You will be the EIN Responsible Party. If you have a Multi-Member LLC: One of the LLC Members will be the EIN Responsible Party. The IRS just wants one person as the EIN Responsible Party. They...
In recent years, a growing number of States have granted legal status to natural entities. First, this paper looks at case studies to determine how this trend has emerged in individual Nations, be it through extensive litigation as seen in New Zealand, a court decision as seen in India, or...
How to hire good employees through a great hiring process Wondering how to hire the best employees who go the distance? A well-designed hiring process does more than just help you find qualified candidates — it sets the stage for long-term success by improvingemployee retentionfrom the get-go...
in New York, check with the Department of State, but in Ohio, the Business Gateway oversees licensing. In this article, get information on when you may need a business license and how to start your application. You may want to seek legal counsel prior to starting the application process. ...
If you abandon an application, you lose first-to-file rights. Patent pending status lets you market your invention with less risk of theft. Patent pending status doesn't give legal protection. However, it does deter theft of ideas. Others are less likely to copy a patent pending invention,...
Self-employed individuals such assubcontractorsdon't need an EIN.1However, they can still get one and it might be a good idea. As they must give an identification number to those paying them for tax reporting purposes. An EIN can be used instead of their social security number to protect ...