Every state in the United States requires that any formed legal entity maintain a Registered Agent in any state that they operate, including Alabama. Failure to appoint a Registered Agent may result in the administrative dissolution of a company and can be a basis for piercing the corporate veil and exposing a company’s owners to unnecessary personal liability. A company’s Registered Agent is important, so what does a Registered Agent do?
Read MoreA benefit corporation, often called a “B-Corp,” is a for-profit corporate entity. The main purpose of a benefit corporation is the well-being of its community and environment, as well as taking the corporation’s profit and security into account.
Read MoreSelecting the proper business entity is rarely as simple as it might first appear. It requires consideration of a number of factors and not just potential tax liability. After all, few people care that they saved a few bucks on their tax return if their partner steals all the company's money.
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