Wyoming: The Lowest Incorporation Fees
When thinking about starting a new business in the United States, you must consider many different aspects. One of the main financial issues associated with starting a business are filing and maintaining fees. Wyoming is a very cost effective state to incorporate in and maintain. The initial formation costs are below average and are some of the lowest within the US. By incorporating in Wyoming, you pay about 65% less in fees compared to Nevada.
read more...Why You Should Incorporate in Wyoming
For a long time, people have looked at Wyoming as the ideal state to form a company. Limited liability companies (LLCs) have existed in Wyoming longer than in any other state, so Wyoming has the most experience and the strongest legal system for protecting LLCs.
read more...Online Business Through Wyoming Company
When opening a new business and choosing the most suitable type of entity, you must consider two issues: limited liability and taxation. When starting an online business, the optimal choices in terms of business entities are corporations or limited liability companies. Both entities have limited liability, which means that once the shareholder has made their investment in the company, they have no further obligation with respect to the entity’s debts. They are protected against lawsuits pertaining to debt, but other legal action may be taken against them in spite of this. On the other hand, a sole proprietorship and a partnership are taxed on an individual basis. Corporations are taxed as separate entities apart from the individuals who run the company, and usually face a
read more...HOW TO PICK THE RIGHT BUSINESS NAME
There is much to be said about the importance of choosing the correct name for your company before you conduct business in a certain area. There are also some services which can help you with choosing of business name. The location in which your business operates can be as small as a city, or as large as the entire Internet. Regardless, it is imperative that you choose the right name to generate financial success for your company.
read more...Should your company issue stock certificates?
In the past, a stock certificate, demonstrating an owned financial interest in a company,was generally required by law to be an actual piece of paper. Traditional stock certificates bore a date of issuance, the number of shares, the name of the recipient, a serial number, plus a corporate seal and the signatures of corporate authorities. Many were printed quite handsomely on parchment-like paper, with richly decorative engravings and borders. While a few companies still issue such traditional certificates, and some states encourage doing so, most stocks these days are represented digitally.
read more...4 Business Ideas for Non-Tech Startups
Nowadays, tech geniuses can make plenty. But a business based on what you love can also be successful, even if it has little to do with technology.
read more...5 STEPS TO START A BUSINESS
It is imperative that you prepare extensively before you contemplate starting your own business, because it would be better to spend time planning, comparing the pros and cons, and deciding whether the business that you want to start would have a chance of survival in the competitive marketplace, once you have an established framework in mind. It would be wise on your part to consider the following steps before you embark on such an endeavor because knowing the initial steps to starting a business can save you time, energy and most importantly , money.
read more...HOW TO GET A TAX ID FOR A COMPANY (EIN)
The EIN or Employer Identification Number is a nine-digit number that the Internal Revenue Service (IRS) assigns to businesses to identify them when they file their annual tax returns.
read more...