After successfully registered in Minnesota, the Corporation or LLC are required to operate in compliance with the General Corporation Law/Limited Liability Company Act of the State of Minnesota. This guideline note intends to provide a summary of those on-going compliance requirements for the interest of our clients.

All Corporation and LLCs registered at Texas are required to file Annual Reports, including the Public Information Report and Franchise Tax Report. The annual reports are due May 15. If May 15 falls on a weekend or holiday, the due date will be the next business day. The Public Information Report includes the most current names and addresses information of all the board directors.

All Corporation and LLCs must have and maintain a registered agent, which has a physical street address in Utah. You must file annual report with the Utah Department of State every year. The annual report is an update to your company’s information registered with the state. The report is due on the anniversary date of the entity. If you have state or local business license, you must renew the local business license/permit periodically.

A corporation (or other type of corporate entity, such as a limited liability company or LLC) conducting business in one state when incorporated in another is considered a foreign corporation and must qualify as a foreign corporation to legally do business in that state. For example, a business incorporated in Delaware that wants to do business in California would be considered a foreign corporation in California

After successfully registered in California, the Corporation or LLC are required to operate in compliance with the General Corporation Law/Limited Liability Company Act of the State of California. The following describes the California company’s basic maintenance requirements.All Corporation and LLCs must have and maintain a registered agent, which has a physical street address in California.

After successfully registered in Nevada, the Corporation or LLC are required to operate in compliance with the General Corporation Law/Limited Liability Company Act of the State of Nevada. The following describes the Nevada company’s basic maintenance requirements.All Corporation and LLCs must have and maintain a registered agent, which has a physical street address in Nevada.

The New York State Education Department (NYSED) Office of the Professions required a company who performs the medical spa service must be registered as a professional corporation (PC) or professional Limited Liability Company (PLLC), and all the owners of this professional company must have physician license in New York, which raises the bar for foreign business owner who want to involve in this industry.

A Statutory Agent is an individual or a business entity that the corporation or LLC appoints for the purpose of accepting service of process (lawsuit papers or legal documents) for the entity. The law requires that corporations and LLCs maintain a statutory agent with a valid Arizona street address (not a P.O. Box or personal mail box) on the records of the Arizona Corporation Commission at all times, and the failure to do so will subject the entity to being administratively dissolved.

Guide to Starting a Corporation in New York:In New York, corporations and limited liability companies (LLCs) are the most prevalent business forms. Investors must consider each type of business form carefully because one business form may be an advantage to certain investors but not to others.Due to the location advantage, New York is one of the most popular options for both domestic and foreign investors.

Corporations and limited liability companies (LLCs) are the most prevalent business forms when foreign investors considering investment in U.S. Both corporations and LLCs have a statutory right to exist perpetually. The shareholders of a corporation and the members of an LLC are not personally liable for the debts, obligations and liabilities of the entity.