The renaming of American companies is a simple form equivalent to changing the company structure. The renaming of American companies is just to stop describing the company's business, instead of forming a brand-new company or company. You can choose simple.
The name "modify". The name of an American company can be changed, but after the company is renamed, there is no new registration certificate, only the renaming document that proves the company's name change.
2. Three main types of company name change
1), company (INC)
Definition: It is an independent legal person registered and established by the state government. There are two kinds: type C company and type S company.
C- company-pay federal and state taxes according to income. Profits are handed over to shareholders, who have to pay income tax when they declare personal income tax. Double taxation is its biggest drawback.
S-corporation-the legal characteristics are the same as those of C-Corporation, but it is not necessary to pay taxes directly, just declare income and pay personal income tax.
S company
superiority
The owner is only responsible for the shares invested. The existence of the company is not affected by the death of any owner or the transfer of shares. Unless otherwise stipulated in the articles of association, a statutory company enjoys the characteristics of existence. As an independent legal person, a limited partnership can own property, plaintiff or defendant.
Disadvantages: complicated record keeping, strict regulations and repeated tax payment.
2), limited liability company (LLC)
Definition: it is an independent legal person, between a partnership company and a statutory company, and bears the limited liability of a statutory company, and the tax laws of an individual or a partnership company.
limited liability company
Advantages are like partnership companies, and limited liability companies have operating agreements. A limited liability company may be composed of one or more members. Because it is
An independent legal person, limited partnership company can own property, plaintiff or defendant. Managers elected by members of a limited liability company may be individuals or other legal persons. Unless otherwise specified in the company structure, a limited liability company enjoys legal rights.
Characteristics of the company's existence.
The disadvantage is that it is an independent legal person, and a limited liability company needs more legal documents than an ordinary partnership company or an individual company.
3) Limited liability partnership (LLP)
Definition: It is an independent legal person and can protect all general partners. Usually suitable for professionals. Similar to the legal liability of LLC, but like a partnership company, there is no need to pay corporate tax directly.
Limited liability company (LLP)
Advantages: independent legal person, limited partner is responsible for the amount invested, and does not need to be negative.
Other duties. The company profits earned by each partner can be directly declared as personal income tax. The limited liability partnership agreement does not need to indicate the validity period. As an independent legal person, a limited partnership can own property, plaintiff or defendant.
The disadvantage is that it is an independent legal person, and a limited liability company needs more legal documents than an ordinary partnership company or an individual company.