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Export date: Fri Apr 19 23:42:15 2024 / +0000 GMT

I just put my business into a corporation/LLC. Do I have to file paperwork for that?


If you have an existing business, then its assets and contracts should get transferred to your corporation. This can look like an assignment 1, or a bill of sale. There are tax considerations regarding contribution of the assets of your existing business. You may also need to notify third parties, such as vendors and landlords. A stitch in time, as they say. Paperwork is king.
Excerpt: If you have an existing business, then its assets and contracts should get transferred to your corporation. This can look like an assignment, or a bill of sale. There are tax considerations regarding contribution of the assets of your existing business. You may also need to notify third parties, such as vendors and landlords. A stitch in time, as they say. Paperwork is king.
Links:
  1. https://www.readysetincorporate.com/faq-items/what -is-an-assignment/
Post date: 2015-06-15 15:34:25
Post date GMT: 2015-06-15 22:34:25

Post modified date: 2015-07-21 05:32:08
Post modified date GMT: 2015-07-21 12:32:08

Export date: Fri Apr 19 23:42:15 2024 / +0000 GMT
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