Business Entity Paper

Running Head: Business Entity Regulations Business Entity Regulations University of Phoenix Online modern-day Business Law II BUS 422 Business Entity regulations entrée This paper give describe the melodic line entity regulations of the cite of Virginia. It allow identify the business administration codes of Virginia, and the contact in geological formation for Virginias heap Commission. It will similarly describe the process for obtaining an annual filing chronicle for a corporation in the state of Virginia. Business formation codes on that point are seven steps in the formation process. The graduation step is to get hold the business entity type, which include; bushel proprietorship, general partnership, limited partnership, corporation, business trust and limited financial obligation company. maltreat two in this process is to register with the Virginia delegate spate Commission, except for the sole proprie tor. The sole proprietor is non compulsory to register. maltreat three in the process is to determine if the entity is needful to obtain a federal employer identification number. measuring stick foursome is to determine if the entity will liable for Virginia Unemployment Tax. If so, the entity will take extraneous to be registered with the Virginia Employment Commission.

Step five, the entity needs to be registered with the Virginia weapon of Taxation. Step six is to contact the local Commissioner of the Revenue or town administrator to satisfy local tax requirements. Step seven is to contact other state agencies to determine which licenses or permits apply. When in ! the process of forming a business entity and have dubiousness about the process, the best option is to contact the Virginia State Corporation Commission for clarification. The Virginia State Corporation Commission is located at The Tyler Building, 1300 E. Main Street, Richmond, Virginia. Their mailing address is State Corporation Commission, P.O. turning point 1197, Richmond, Virginia 23218. Obtaining an annual filing report...If you want to get a to the unspoilt essay, order it on our website: BestEssayCheap.com

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