Business Law

Ask a business lLawyer. Get business law questions answered ASAP.

Ask a Lawyer,
Get an Answer ASAP!

This answer was rated:

I own a profit corp that was opened in FL in 2012. I moved…

I own a profit corp...
I own a profit corp that was opened in FL in 2012. I moved out of state, so did not keep it current in FL. Now back in FL and to reinstate it is 1000. but if I open a new company it will be 90.00
What are the pros and cons of reinstaiting or opening new?Thanks
Show More
Show Less
Ask Your Own Business Law Question
Answered in 5 minutes by:
3/13/2018
Infolawyer
Infolawyer, Attorney
Category: Business Law
Satisfied Customers: 63,600
Experience: Experienced lawyer
Verified

Hello and welcome. I am working on your answer and will be right back!

Ask Your Own Business Law Question

I would open a new one. The cost is cheaper and also avoids potential for more careful and scrutiny over its operations. From a financial and practical perspective, makes sense to open new with a clean slate

Ask Your Own Business Law Question
Customer reply replied 5 months ago
Okay, That makes sense. Was thinking the same. I am a dealer for some companies. Would I need to sign up again with them or let them know the changes. Also open a new bank account. That is all I see that will be different. Any other cons you can forsee?

You would need to update the contracts, bank accounts, but that should be relatively simple name change and still makes sense to proceed with a new entity

Ask Your Own Business Law Question
Please let me know if the reply is acceptable by responding “yes” or “acceptable”Please select the 5 star (*****) rating on your page for the answer. That’s how I get paid by the site. Much appreciated!
Infolawyer
Infolawyer, Attorney
Category: Business Law
Satisfied Customers: 63,600
Experience: Experienced lawyer
Verified
Infolawyer and 87 other Business Law Specialists are ready to help you
Ask your own question now
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a business lawyerLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask Infolawyer Your Own Question
Infolawyer
Infolawyer
Infolawyer, Attorney
Category: Business Law
Satisfied Customers: 63,600
63,600 Satisfied Customers
Experience: Experienced lawyer

Infolawyer is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises!

Gary B.Edmond, OK

My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer.

EricRedwood City, CA

I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight.

MichaelWichita, KS

PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent.

Three H.Houston, TX

Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!!

ElaineAtlanta, GA

It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem.

TonyApopka, FL

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

< Previous | Next >

Meet the Experts:

Infolawyer

Infolawyer

Attorney

63,600 satisfied customers

Experienced lawyer

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

1,611 satisfied customers

Run my own successful business/contract law practice.

MShore Law

MShore Law

Attorney

1,233 satisfied customers

Drafted Negotiated and/or Reviewed Thousands of Commercial Agreements

RGMacEsq

RGMacEsq

Attorney

778 satisfied customers

Licensed Texas General Practice Attorney

Barrister

Barrister

Attorney

683 satisfied customers

17 years practicing attorney, JD, BA, MBA

Ely

Ely

Attorney

604 satisfied customers

Counselor at Law.

J.Hazelbaker

J.Hazelbaker

Attorney

393 satisfied customers

Experienced and trained in the area of business law.

< Previous | Next >

Related Business Law Questions
I am purchasing a business and here is a little background.
I am purchasing a business and here is a little background. The owner wants to sell it as a stock sale. My accountant tells me I should do an asset sale.. There is only about 150k in assets and the re… read more
Roy Hadavi
Roy Hadavi
Attorney
Juris Doctorate
1,400 satisfied customers
What are the pros and cons of a non profit corp. My husband
What are the pros and cons of a non profit corp. My husband and I own a mobility business and moved to another state. We are profit right now, but thinking to change to non profit since we want to do … read more
KLAW
KLAW
Juris Doctorate
2,381 satisfied customers
I have an S corp in Florida but our office is in GA. We are
I have an S corp in Florida but our office is in GA. We are a trucking authority (we have DOT and MC authority active). My husband and I were owners of the company together up until two days ago after… read more
PaulmoJD
PaulmoJD
Attorney At Law
Doctoral Degree
106 satisfied customers
S-corp created in CA - two owners thinking to create
S-corp created in CA - two owners thinking to create separate LLC under the S-corp for separate books -one moved to another State what is the best way to split but keep the brand / webpage / patented … read more
DamienJD
DamienJD
Attorney
Doctoral Degree
5,336 satisfied customers
I opened a business in 2012 in FL and never used it. I then
I opened a business in 2012 in FL and never used it. I then registered as a foreign company in MA and moved there as well. I currently do business here. It is time for me to file my annual filing in F… read more
CalAttorney2
CalAttorney2
Attorney
Doctoral Degree
8,845 satisfied customers
I NEED TO DO A F REORG BECAUSE I MOVED TO FLORIDA : NO :
I AM A SINGLE EMPLOYYE/OWNER OF CPA FIRM INCORP IN VA BUT I NEED TO MOVE CO TO FL WITH NO FED TAX CONSEQUENCES. I AM A S-CORP … read more
PaulmoJD
PaulmoJD
Attorney At Law
Doctoral Degree
106 satisfied customers
I have an S-CORP in Florida, I moved to NJ last summer and I
Hello, I have an S-CORP in Florida , I moved to NJ last summer and I am wondering do I need to relocate my company to NJ and register here or can i keep my company as a registered company in florida a… read more
Richard - Bizlaw
Richard - Bizlaw
Juris Doctor
3,773 satisfied customers
I have a c corporation and an LLC in florida , i want to by
I have a c corporation and an LLC in florida , i want to by a land to built an apartment in uruguay and i want one of companies is florida to be the owner of this investment. My questions is do i need… read more
PaulmoJD
PaulmoJD
Attorney At Law
Doctoral Degree
106 satisfied customers
I have an S corp business for over 5 years the original business
I have an S corp business for over 5 years the original business model was general sales now I would like to add additional business ventures on to it. for example like a distribution service and othe… read more
Dimitry K., Esq.
Dimitry K., Esq.
Attorney
Doctoral Degree
1,611 satisfied customers
Im planning to partner with another internet entrepreneur
I'm planning to partner with another internet entrepreneur on his existing website. So he owns, let's call it widget.com and currently is just a website business operating as his sole proprietorship. … read more
PaulmoJD
PaulmoJD
Attorney At Law
Doctoral Degree
106 satisfied customers
We are currently looking for an expert who has had more than
We are currently looking for an expert who has had more than 10 yrs of experience with various legal entities. We are thinking of forming a non-profit organization, but am not sure. We would like to g… read more
Irwin Law
Irwin Law
Juris Doctor JD
7,183 satisfied customers
Evidently the question I posed yesterday did not get to you
Evidently the question I posed yesterday did not get to you guys because I did not get beyond the payment screen, so I repeating again. My email address [email protected] The question we have may invol… read more
Help4Health
Help4Health
Attorney and Counselor at Law
Doctor of Jurisprudence
31 satisfied customers
I was founder of a successful startup S- Corp, had fallout
I was founder of a successful startup S- Corp, had fallout with some other partners. I have left them. Company is profitable and generates more than $1mil+l per year in net profits after wages and exp… read more
dkennedy
dkennedy
Attorney
Juris Doctorate
27 satisfied customers
Hello: I am opening a business using a downloadable application
Hello: I am opening a business using a downloadable application using a cell phone. This application was just approved and now supported by MADD so I need to create the appropriate business structure.… read more
rvlaw
rvlaw
Judge
Juris Doctor
3,203 satisfied customers
Hello, I once owned a lot of property and my brother was
Hello, I once owned a lot of property and my brother was my business manager and all the properties were free and clear. Prior to 2007, my brother fraudulently deeded all the properties to himself exc… read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
What is the proper way to set up a C corporation now (with
What is the proper way to set up a C corporation now (with the intention of it doing medically themed clinical and library research) , so that I can pay into the corporation a certain amount of my 201… read more
Richard - Bizlaw
Richard - Bizlaw
Juris Doctor
3,773 satisfied customers
Can you give me a short description for someone that wants
Can you give me a short description for someone that wants to open a little home business, with minimum profits. What would be the best option LLC or a S corp.? The question involves 3 parts: 1. cost … read more
PaulmoJD
PaulmoJD
Attorney At Law
Doctoral Degree
106 satisfied customers
what are the pro & cons about starting a non-profit ...
what are the pro & cons about starting a non-profit organization? i want to begin a non-profit salon and spa service for the under priviledge, battered women, and for the depressed. how would i obtain… read more
N Cal Atty
N Cal Atty
Doctoral Degree
59 satisfied customers

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

Show MoreShow Less

Ask Your Question

x