Capital contributions are the money or other assets members give to the LLC in exchange for ownership interest. Members fund the LLC with initial capital contributions—these are usually recorded in
An LLC can hold an annual meeting to go over its activities from the past year and review its annual financial report. LLC annual meeting minutes record these activities, note
A multi-member LLC (also called a “member-managed LLC”) is a limited liability company that has more than one owner but no managers. Instead, owners run the day-to-day operations of the
A manager-managed LLC is a limited liability company in which one or more managers run the day-to-day operations of the business while the members take a more passive role. A
A single member LLC operating agreement puts key information about your LLC in writing. Many websites trying to sell you LLC forms and services will tell you that if you
Guam LLC Articles of Organization are filed with the Department of Revenue and Taxation’s Business License Branch to form a limited liability company. The filing fee is $250, but the
Privacy by Default® is the practice of providing you a service that automatically minimizes the exposure of and access to your personal data. You don’t have to opt into it.
Should you form an LLC or incorporate your new business? Are LLCs and corporations really that different? They share some similarities, but the differences between LLCs and corporations can have
When You Want More At FlutuxBusiness Registered Agent LLC, we believe in empowering people to maintain their own businesses. Searching for how to file your LLC’s or corporation’s annual report? Read
Nonprofits are formed at the state level in the US and are often eligible for state sales, property, and income tax exemptions.