Is the Corporate Transparency Act more helpful or hurtful?
The Corporate Transparency Act (CTA) now requires certain businesses to report on their BOI (Beneficial Ownership Information). It is imperative that you report or your…
I have a medium-sized business, what percentage of my revenue should go toward profit?
This can vary widely depending on industry and specific circumstances, but a general rule of thumb is 10-15% of your revenue should go toward profit….
What’s the benefit of hiring a service company like PFSS, Inc. to assist you in forming your business entity?
-Expertise: we have more than 30 years of combined experience to guide you through the process, ensuring you are in compliance with all relevant laws…
What is a certificate of affidavit and do I need one to file a Fictitious Business Name Filing?
A certificate of affidavit is a document that verifies the truthfulness of certain statements or facts. It is typically signed by a person who has…
Should I be my own registered agent?
Deciding whether to be your own registered agent at your place of business depends on several factors, including your comfort level with legal responsibilities, availability…
Wondering whether to choose an LLC or a corporation?
Both offer distinct benefits. An LLC provides liability protection, ensuring owners aren’t personally liable for company debts or lawsuits. This shields personal assets like homes…
Just a reminder about the Corporate Transparency Act…
In 2019, the Corporate Transparency Act was passed into legislation as part of the National Defense Authorization Act. The Act addresses issues related to money…
Why do many companies form in Delaware?
Many large public corporations or those planning to go public can benefit from things like Delaware’s well-established and predictable body of corporate law, also known…
Delaware Secretary of State Closure:
On Friday, April 5th, 2024, the Delaware Secretary of State’s Corporations Division will host a luncheon to recognize its employees. During this event, the office…
Delaware State Closure:
On Friday, April 5th, 2024, the Delaware Secretary of State’s Corporations Division will host a luncheon to recognize its employees. During this event, the office…