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Can an LLC Own a Nonprofit? Understanding Subsidiary Structures and Compliance

Free Legal Article6 min read
An LLC cannot be a nonprofit, but a nonprofit can own an LLC as a subsidiary. Learn the legal requirements, benefits, and risks of this structure. read more
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Can a Minor Be an Independent Contractor?

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Can a minor be an independent contractor? Yes, certain jobs allow minors to work as independent contractors. Learn more about the specific laws from UpCounsel. read more
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Can a Foreigner Be a Partner in an LLC? Ownership, Taxes, and More

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Discover how foreigners can be partners in an LLC, their tax obligations, and strategies to avoid double taxation. Learn LLC rules for foreign members. read more
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How to Create a Successful Partner Business Plan

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Learn how to build a partner business plan that outlines goals, roles, KPIs, and dispute resolution strategies to help your partnership succeed. read more
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Business Operating Account: Everything You Need to Know

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Keeping track of your business operating account is pertinent to operational success. read more
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Boilerplate Legal Documents: Everything You Need to Know

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Boilerplate legal documents refer to the terms and clauses listed at the end of legal documents (most often, corporate legal documents). read more
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Best State for LLC Internet Business: Key Factors & Top Choices

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Choosing the best state for an LLC internet business? Delaware, Wyoming, and Nevada offer key advantages, but your home state may be best. Learn which option suits you. read more
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Benefits of a Trademark: Everything You Need to Know

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What are the benefits of a trademark? This form of intellectual property protection prevents others from using the words and symbols that represent your brand. read more
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Benefit of an LLC: Everything You Need to Know

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Knowing the benefit of an LLC is important when deciding which type of entity you wish to choose to start your business. read more
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Back-to-Back Contracts: Key Insights and Best Practices

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Understand back-to-back contracts, their role in construction, key considerations for drafting, and common pitfalls. Learn how they distribute obligations and liabilities. read more
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