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Foreign Corporation Qualification Form State Department of Dat State Md

Foreign Corporation Qualification Form State Department of Dat State Md

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you're a non-resident and someone told you that you needed to open an LLC to grow your business well what is an LLC and how do you open an LLC what is this I'm going to tell you in this video and in fact the first LLC was created in Wyoming in 1977 but it wasn't really until about 1993 when the Delaware limited liability company Act was passed to when the IRS acknowledged the LLC as a disregard entity so it's only been 30 years that the LLC has really been super popular while Wyoming did create the first one it was Delaware that popularized them and those still remained the two most popular states that we use to open llc's especially for our non-resident clients and the LLC is great because it has less requirements of corporate actions and corporate minutes and issuing shares there's less stuff you have to do to maintain a legal LLC than you have to do with a corporation it has better liability protection and it has passed through taxatio

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