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Many states have an initial filing fee along with an annual fee and annual report filing requirement necessary for an L3C to maintain its legal status. Following filing, the members of the L3C must execute a formal operating agreement. In the operating agreement, L3Cs need to define its purpose per the provisions of IRS Treasury Regs.Sec.53. ...
annual fee annual report for top-level LLC annual report for cells other Alabama [16] 200 no 100 Arkansas [17] 45 150 California [15] California does not permit series LLCs. However, California requires that each cell of a foreign series LLC that does business in California must pay the annual franchise fee. Delaware [18] 1996 90 note 6 300 no
A registered agent is a designated person or entity authorized to receive legal and official documents on behalf of a company or LLC, and can be referred to as "Resident Agent", "Statutory Agent", commercial or noncommercial clerk, [5] [6] or by the Federal Motor Carrier Safety Administration (FMCSA), a "process agent". [7]
Once completed, these documents will be reviewed by the secretary of state's office, and upon approval from the state government and payment of a filing fee, the company has officially become a legal corporation. [19] [17] The following information is required upon filing Articles of Incorporation in the United States: [17] Name of the Business
That Business Privilege Tax rate increased from 4% to 5% effective June 1, 2018. It was originally expected to be changed back to 4% on October 1, 2018, when Guam anticipated enacting a 2% sales and use tax. That bill was repealed, and the expiration of the reduced Business Privilege Tax rate was repealed, leaving the 5% rate in effect.
Annual reports are intended to give shareholders and other interested people information about the company's activities and financial performance. They may be considered as grey literature. Most jurisdictions require companies to prepare and disclose annual reports, and many require the annual report to be filed at the company's registry.
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Four years, renewable once (Seventy-third Amendment to the Arkansas Constitution of 1874) Constituting instrument: Arkansas Constitution of 1836: Precursor: Secretary of Arkansas Territory: Formation: September 16, 1836 (188 years ago) () First holder: Robert A. Watkins: Salary: $54,305 [1] Website: sos.arkansas.gov