WebJan 24, 2024 · This means that two businesses can have the same or similar names in some situations. The first is if the business is in another state. For smaller businesses … Jan 2, 2024 ·
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WebAnswer (1 of 5): No, not in your state. However, they can form one in another state. LLCs are governed at the state level. Also, realize that the legal name of your LLC is not … WebMay 6, 2024 · A business can relocate its “home” to a different state through a process called domestication. Though not available in all states, it is allowed in most. Domestication should not be done lightly. It requires filings in both states and includes the dissolution of your business in its current “home” state. josh weissman sweet and sour chicken
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WebJan 18, 2024 · In conclusion, it is possible for an LLC to own another company. The process of setting up an LLC is relatively simple if you are using the best-rated online LLC formation service, and it can offer a variety of benefits to businesses. There are a few drawbacks to owning an LLC parent company, but these typically outweigh the costs. WebJan 18, 2024 · One common question is whether or not an LLC or limited liability company can own another LLC. The answer is yes - parent LLCs and subsidiary LLCs are both … WebAnswer. A business is pretty much free to form a limited liability company (LLC) in any old state. But you may still need to qualify your LLC to do business in your home state -- and this means you'll have to file additional paperwork and pay additional fees. Most smaller LLCs that will operate in only one state also form in that state, to ... how to load avatars on roblox studio