by admin | Feb 25, 2025 | BOI Reports, Business
Legal Background and Timeline: On January 7, 2025, the U.S. District Court for the Eastern District of Texas issued an order staying FinCEN’s regulations implementing BOI reporting requirements, which temporarily halted the enforcement of the Corporate Transparency...
by admin | Jan 18, 2025 | Business, Entity Formation, Investors
The terms “stock” and “shares” are often used interchangeably in the context of a corporation, but they have distinct meanings and can refer to slightly different concepts depending on the context. Here’s a detailed breakdown of the difference...
by admin | Nov 20, 2024 | Investors
Many Florida business owners do not understand the required disclosures and work involved when seeking contributions from new investors. In Florida, as in other states, a company seeking investment is typically required to provide certain disclosures and information...
by admin | Nov 9, 2024 | Business, Entity Formation
In Florida, both Professional Associations (PAs) and Professional Limited Liability Companies (PLLCs) are specific business entities designed for licensed professionals, such as doctors, lawyers, accountants, architects, and other regulated professions. However, there...
by admin | Nov 8, 2024 | Business, Contracts
A nondisclosure agreement ( commonly called an NDA) is a legally binding contract that prevents one or more parties from disclosing confidential information to third parties. NDAs are commonly used to protect sensitive information during business transactions,...
by admin | Nov 1, 2024 | BOI Reports
Failure to file a Beneficial Ownership Interest Report (aka “BOI Report”) with the Financial Crimes Enforcement Network (FinCEN) can result in significant penalties. These reports are required under the Corporate Transparency Act (CTA), which mandates that...
