Registered Agent, Inc.

Description

An agreement between shareholders of a privately held corporation and the corporation itself, made to govern the operations of the corporation and to define how shares of stock will be transferred. In small corporations, such an agreement can be used to set estate tax value of stock, define what happens if a shareholder is disabled, restrict the transfer of stock to outsiders and other conditions. It can also protect the corporation against a disqualifying act and provide other mechanisms for maintaining and ending S corporation status.

Authorized is the amount of stock that a company is approved to issue. Issued stock is stock that has been issued to an entity, be it a person, business, or certain types of trust. Stock must be issued for capitalization in most states, unless the corporation is a non-stock company or entity that has members or no stock authorization at all. These types of corporations are generally NOT FOR PROFIT.

Yes. Legally, you must file with any state your are doing business in. If you file a corporation in Nevada due to the state's non-taxable corporate status, you must file within the state you are actually doing business in. This process for most small businesses generally result in additional charges. The process of filing as a sub-chapters "S" corporation and filing in a "corporate tax free state" will still result in the profits or losses passing to the shareholder's personal tax return, thus defeating the purpose of a tax free status. Your decision of Incorporating in another state should be thought out very carefully.

Located in Nevada's state capital, Carson City, Registered Agent, Inc. is in the center of where Nevada's ever changing laws that govern business, are assigned. With a highly intelligent staff, excellent customer service, and full Corporation services, we are able to provide you with all your filing needs in Nevada. We care about our customers and pride ourselves in exceptional customer service.

This document is intended to provide you with general information about issues related to the new Nevada State Business License requirement. The contents of this document are not intended to provide specific legal advice. If you have any questions about the contents of this document or if you need legal advice as to an issue, please contact an attorney.

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