Learn why a P.O. Box often isn't suitable for an LLC, explore legal implications, and discover practical alternatives like virtual addresses for compliance. read more

Learn whether you can open an LLC bank account in another state, what’s required, and how to simplify banking across state lines for multi-state operations. read more

The answer is yes, although most nonprofit corporation laws contain a requirement that one person is designated as the president. read more

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

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

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

A business plan for partnership firm is recommended for anyone entering into a business partnership. read more

Keeping track of your business operating account is pertinent to operational success. read more

Boilerplate legal documents refer to the terms and clauses listed at the end of legal documents (most often, corporate legal documents). read more

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