LLC – Limited Liability Corporation Quick Overview For asset protection purposes: A LLC is a private entity established mostly for the purpose of creating a degree of separation between the debts, obligations and liability of the owners and the debts, obligations and liability of the business LLC. LLC’s are very flexible and have a vast [...]
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India taxes large offshore business transactions
Recently an Indian court ruled that officals can seek taxes from Vodafone Group PLC for the Vodafone’s purchase of one of India’s largest cell phone companies. The Bombay High court concurred with a lower courts ruling that the indian tax department can seek $2.6 billion in taxes for a $11.2 billion acquisition of a majority [...]
8 Steps to Forming a Corporation in the United States
8 Steps to forming a corporation. If you’ve looked through the list of corporate structures and have decided that you want to start a corporation in the US, here are the steps you should take: 1. Choose a business name that complies with your state’s corporation rules. The name cannot be the same as [...]
