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Frequently asked questions

  1. When you want to update the articles for your company—by changing your company name, changing your contact information, or changing stock information, for example—you may need to file a document with the appropriate state agency. Depending on the state, this is sometimes called an articles of amendment, a certificate of amendment, or a certificate of change. We can create your amendment document and file it with the state

  2. An operating agreement establishes the ground rules for a limited liability company, including the rights and duties of the LLC's members. Many states require an LLC to have a written operating agreement. Learn more

  3. Keeping your company in good standing with the government is an important part of running a business. If you miss a filing requirement or deadline, your company could be subject to fines and other penalties that could impact your operating ability and bottom line. Compliance calendar services relieve some of the burden of managing these important deadlines.

  4. A registered agent is a person or a company designated to receive documents on behalf of a business. Most states require corporations and LLCs to name a registered agent, so there's a designated party to receive service of process in the event of a lawsuit.

  5. Annual reports are forms that keep your business's information—its name, address, managers, etc.—up to date with the state. They must be filed with the Secretary of State (or other state filing office) every year—in some states, every two or ten years. The name, definition, and scope of the reports can vary, but most states require businesses to file them on a regular basis. If you fail to file a report, you could face fines, penalties, and the loss of your liability protection.

  6. More than likely, you need licenses to legally run your business and meet all local, county, state, and federal requirements. The exact number of licenses you need depends on your industry and location. It's important to get all required licenses before you start operating your business or open your doors to the public. Otherwise, you could face fines and other penalties.

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Carolyn, Attorney serving NY, 19 years experience

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