What Is a Resale Certificate? Understanding Sales Tax and the Streamlined Sales Tax Program
A resale certificate lets you buy inventory in the US without paying sales tax upfront—crucial for protecting ecommerce margins. In this guide, we unpack how resale certificates differ from sales-tax permits, how to apply in every state, and how the Streamlined Sales Tax Program can fast-track compliance for non-resident founders. Avoid penalties, simplify filings, and learn how Clemta automates the entire process.
How to Stay Compliant with US Business Regulations: A Guide for Entrepreneurs
Starting a business in the United States as a non-resident involves navigating a complex landscape of regulations at federal, state, and local levels. Key areas of compliance include choosing the right business structure, adhering to tax laws, employment regulations, obtaining necessary licenses and permits, and protecting intellectual property.
Understanding the Form BE-13: What It Is and What Foreign Investors Need to Know
When establishing a U.S. company as a foreign investor, it is important to comply with filing requirements like the BE-13 form, which reports new foreign direct investments to the U.S. Bureau of Economic Analysis. Clemta offers comprehensive support to simplify the filing process, ensuring timely and accurate submissions to help avoid penalties and maintain compliance.
Foreign Qualification: A Guide for Expanding Your Business
Foreign qualification is a crucial process for U.S. businesses operating outside their formation state, ensuring legal compliance and access to state courts, while balancing the pros and cons of maintaining a single structure versus incorporating in multiple states.
New Requirement: Filing Beneficial Ownership Information Report
Beneficial Ownership Information (BOI) filing involves detailing individuals with direct or indirect control over a company, filed with FinCEN for transparency and accountability in understanding business ownership structures.
Startup Guide: 7 Legal Mistakes to Avoid
Starting a new business venture can be an exhilarating journey, but overlooking legal considerations can lead to serious setbacks; this blog outlines seven common legal mistakes startups should avoid to ensure success.
Serving as Your Own Registered Agent in Delaware State
Considering acting as your own registered agent in Delaware involves crucial responsibilities and potential pitfalls. This role requires a physical address in the state, maintaining availability for legal communications, and balancing privacy concerns against cost savings.
What Happens If You Do Not File Section 83(b) Election?
Filing a Section 83(b) election allows employees or founders to pay taxes on the full fair market value of restricted stock at the time it’s granted, potentially saving on future taxes by locking in lower rates. However, failing to file within 30 days could lead to higher tax liabilities when the stock vests and risks double taxation when eventually sold.
Annual Meetings of a Delaware C-Corp
Annual shareholders meetings are essential for Delaware C-Corps, with state laws mandating at least one meeting every 13 months. These meetings facilitate crucial decisions such as electing the Board of Directors and reviewing the past fiscal year’s performance, ensuring compliance with Delaware’s corporate regulations.
