What is Foreign Entity? A Foreign Entity (also called “Out-of-State Entity”) is an entity formed in a state other than the state in which the company was originally formed. As an example, if one has a Nevada registered corporation, and you that person wants to expand the business into New York State (e.g. buy real… (read more)
The 1890 Partnership Act defines a business partnership as “the relation which subsists between persons carrying on a business in common with a view of profit”. If the relationship between the partners breaks down for one or several reasons, a partnership dissolution may occur. Dissolution of a partnership agreement means the termination of a partnership… (read more)
What Is Entity Name Amendment? Entity Name Amendment is a legal act of changing the name of your corporation, LLC, or other business entity that you use. Companies are authorized and bound to do business only using their legal names filed with the registering state. When changing its name, company must get an approval from… (read more)
