In light of the new obligation under the US Treasury Department's Financial Crimes Enforcement Network ("FinCEN") to report beneficial ownership Information ("BOI"), OlenderFeldman is offering assistance via its own BOI Platform. For more information, please click here: OlenderFeldman BOI Services. Thank you
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Ready to incorporate? Delaware is likely the best option.
One of the initial decisions a startup founder must make is whether they establish a corporation in Delaware or opt to incorporate in their home state. For the reasons below, Delaware continues to be the preferred choice when a startup intends on raising external sources of capital to finance growth. The following factors highlight why…
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Professional Partnerships – 5 Key Provisions To Create A Healthy Partnership
A successful professional partnership, whether doctors or lawyers, accountants or architects, requires more than a group of skilled service providers practicing their craft together. A robust partnership agreement will protect your partnership’s financial position, maximize operational efficiencies and establish a path to longevity. This article addresses 5 key provisions for inclusion in a partnership agreement.…
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New York Legislature Passes the LLC Transparency Act, Aims to Curb Illicit Business Activities
New York Legislature Passes the LLC Transparency Act, Aims to Curb Illicit Business Activities. Introduction. New York is poised to implement the nation’s first publicly available beneficial ownership registry after the New York State Assembly and Senate passed the LLC Transparency Act[1] (the “NY Act”) last month. The bill is now bound for the desk…
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