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What is the Corporate Transparency Act?

FAQ Categories: Business Law

What is the Corporate Transparency Act?

26

Feb

What is the Corporate Transparency Act?

The Corporate Transparency Act (“CTA”) was enacted as part of the Anti-Money Laundering Act of 2020 in an effort to…

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What is required to commence the purchase or sale of a business?

09

May

What is required to commence the purchase or sale of a business?

To start the purchase or sale of a business, a buyer and seller will typically need to agree on the…

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What is the difference between an LLC and a Corporation.?

09

May

What is the difference between an LLC and a Corporation.?

An LLC is a type of business entity that provides limited liability protection for its owners, more flexibility in governance…

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What is the process for forming an LLC in South Carolina?

09

May

What is the process for forming an LLC in South Carolina?

The process for forming a limited liability company in South Carolina typically involves filing articles of organization with the Secretary…

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What is the importance of corporate agreements and third-party contracts?

09

May

What is the importance of corporate agreements and third-party contracts?

Corporate agreements and third-party contracts are important because they establish the rights and obligations of a business in its dealings…

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What are the advantages of forming an entity?

09

May

What are the advantages of forming an entity?

The primary business entities are sole proprietorships, partnerships, limited liability companies (LLCs), corporations, and nonprofit corporations. If you plan on…

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What are corporate governance documents?

04

Sep

What are corporate governance documents?

The term "governance document" is a catch-all phrase for certain binding agreements that owners of corporations and LLCs use to…

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Do I need a business license?

04

Sep

Do I need a business license?

Most South Carolina counties, towns, cities and municipalities have licensure requirements imposed on businesses to own or operate a business…

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Does my business need a Registered Agent?

20

Aug

Does my business need a Registered Agent?

Every corporation or LLC must have an in-state registered agent in its formation state and in every state where it…

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