Expert Guides and Insights

Blog

We share powerful business strategies and insights for your company regularly. Join our newsletter to stay up to date!

Articles of Incorporation vs Articles of Organization: What is the Difference

Articles of Incorporation vs Articles of Organization: What is the Difference

Articles of organization create an LLC and articles of incorporation create a corporation; they are the same kind of filing for two different entity types. Some states use a different name for the identical document — Delaware and Texas call the LLC version a certificate of formation. The only substantive difference is that articles of incorporation authorise shares, which is why outside investors require a corporation.

Read more
Why Do You Need a Wyoming Registered Agent for Your LLC?

Why Do You Need a Wyoming Registered Agent for Your LLC?

A Wyoming registered agent is the person or company officially designated to accept legal notices and state correspondence for an LLC at a physical Wyoming street address. Wyoming requires every LLC to name one, and because the agent's address appears on the public record, using a home address cancels out most of the state's privacy advantage. This guide covers eligibility, how commercial agent services compare to acting as your own agent, how to change agents, and what happens if the appointment lapses.

Read more
Do Non-Residents Pay Taxes on US LLCs? A Complete Guide to Compliance

Do Non-Residents Pay Taxes on US LLCs? A Complete Guide to Compliance

Whether a non-resident owes US tax on an LLC depends on where the income is earned, not on the owner's nationality or place of residence. A single-member LLC with no US trade or business and no effectively connected income generally owes no federal income tax, but it still has mandatory IRS filings, including Form 5472 with a pro-forma Form 1120. Multi-member LLCs, US employees, US inventory and state-level nexus change the answer completely.

Read more