Naming your business is a crucial step that can significantly impact its success. Here are some tips for choosing a memorable and effective business name:

by rag | Jan 31, 2024 | Business Structures

Clarity and Simplicity: Choose a name that is easy to spell, pronounce, and remember. Avoid complicated spellings or obscure words that may confuse potential customers. Relevance: Ensure that your business name reflects what you do or the products/services you offer....

Why do U.S. banks require a person to appear in person to open a bank account?

by rag | Jan 22, 2024 | Business Structures

The USA Patriot Act requires bankers to meet face-to-face with people applying to open a bank account.  This “Know Your Customer” policy is currently prevalent at most – if not all – banks. Identity Verification: In-person visits allow banks to verify the...

How to Convert a Non-U.S. Entity to a Delaware LLC or Corporation

by rag | Jan 16, 2024 | Business Structures

Converting a non-U.S. entity to a Delaware LLC or corporation involves several steps and legal considerations. It is essential to consult with a commercial registered agent to ensure compliance with the relevant laws. Here is a general guide: Legal Consultation: Seek...

Why are Delaware entities recognized worldwide?

by rag | Jan 9, 2024 | Business Structures

Delaware entities, such as limited liability companies (LLCs) and Corporations are widely recognized and popular for several reasons: Business-Friendly Laws: Delaware has a long history of having business-friendly laws and a well-established legal framework for...

The Corporate Transparency Act

by rag | Jan 2, 2024 | Business Structures

The Corporate Transparency Act (CTA) was a piece of legislation enacted in the United States as part of the National Defense Authorization Act for Fiscal Year 2021. The primary purpose of the Corporate Transparency Act is to address issues related to money laundering,...