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We want to start an LLC company. The other partner only
we want to start an LLC company. The other partner only wants to be able to paid as a contract labor, basically be active in the business but that is all. can that legally be done and is it safe to for us to do so. We need his talents and he needs our office knowledge, etc. we do not want to be sued from his work, what should we do to start a company that is safe legally and financially for us?JA: Can you tell me what state the LLC is registered in?Customer: It will be in TexasJA: Have you talked to a lawyer yet?Customer: no, we would want to file LLC by computer to save start up costs, but to do it correctly.JA: Anything else you think the lawyer should know?Customer: Would it be necessary to add and umbrella policy to our personal policy for protection, or will the liability policy for the LLC be enough?JA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Corporate Lawyer about your situation and then connect you two.
Dimitry, So my partner and I, setup a LLC, however he is
Hello Dimitry,So my partner and I, setup a LLC, however he is Canadian therefore we used my american social. We have not done business with the company and we are separating. How can I protect myself from him doing anything with Tax ID number or just the company itself because it has my social on it, but also both have 50/50 share on it.
When I purcahse 100% membership interest of a single member
When I purcahse 100% membership interest of a single member LLC (sole prop) instead of asset sale,1) Can I use previous EIN number and sales tax account?2) Can I use open bank account with previous Certificate of Organization Domestic LLC and previous EIN ?
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I have recently established an LLC and plan to have two
I have recently established an LLC and plan to have two employees (including myself). Initially I am supplementing my income with personal savings and plan to hire the other employee on a part time basis until the business starts making enough income. My question is this - is my LLC allowed to provide Health Insurance for me (through the business)? Is my LLC allowed to provide Health Insurance for my part-time employee? What are the rules?
I am starting a couple of small business and am not sure ifView more business law questions
I am starting a couple of small business and am not sure if / when I need to have a CPA, a Tax Attorney and/or a Business Lawyer. I am starting an IT business (data mining / service business) and an AirBnB. I want to make sure that I am using the right business entity (e.g. LLC vs. S-Corp), understand what I can and cannot write off for both businesses being run out of home; understand the tax & legal implications of running an AirBnB; and want to protect my portion of the LLC if one of my business partners goes through a divorce and encounters the mountain of debt that often accompanies divorce.Can you please provide guidance as to who I should hire to help me.