Can I put down my home address for the business? Yes. The business address must be within the state in which you are incorporating. If you are using the registered agent's address, that will be the address for the business place. By Sandra McCarthy|April 28th, 2014|Corporation Column 2, LLC FAQs, Corporation FAQs|Comments Off on Can I put down my home address for the business? Read More
What is par value? A business corporation must sell shares of stock in order to capitalize the corporation, that is, provide the corporation with its own capital, separate from the money of its owners. This separation provides part of the support for shielding the shareholders from personal liability for the debts and obligations of the corporation. Shares of stock [...] By Sandra McCarthy|April 28th, 2014|Corporation Column 2, Corporation FAQs|0 Comments Read More
What is a Federal Employer ID Number? If you plan on opening a bank account under your corporate name, most banks will require that your corporation have a Federal Employers’ Identification Number. A Federal Tax Identification Number (also known as a "95 Number" or "EIN Number" ) is a number assigned to a corporation or LLC by the Federal Government for purposes [...] By Sandra McCarthy|April 28th, 2014|Corporation Column 2, LLC FAQs, Corporation FAQs|0 Comments Read More
Where can I get a corporate seal? While many jurisdictions have abolished the requirement of maintaining a corporate seal, many corporations still prefer to maintain a corporate seal as a formality. Corporate seals range in price from $8 (rubber stamp) to about $75 (steel embosser). Your can order your corporate seal through our office. You'll need the name of your corporation and [...] By Sandra McCarthy|April 28th, 2014|Corporation Column 2, Corporation FAQs|0 Comments Read More
What is a corporate officer? While most jurisdictions allow the same person to act in all capacities, that person has different responsibilities depending on the capacity in which he or she is acting. President Vice president Treasurer Secretary (or clerk) Assistant secretary Assistant treasurer Although most jurisdictions allow one person to serve in the three capacities of President, Treasurer and [...] By Sandra McCarthy|April 28th, 2014|Corporation Column 2, Corporation FAQs|0 Comments Read More
Is my corporate name available? This office will perform a non-binding name check for name availability within the state of incorporation. The name check is performed by us at no additional charge where available. Please remember that the final determination is made by the state officials; thus, never rely on a corporate name check until AFTER you have received a [...] By Sandra McCarthy|April 28th, 2014|Corporation Column 2, Corporation FAQs|0 Comments Read More