Angora Legal ServicesA Stock Ledger is the book of records which reflects the ownership of shares in a corporation. It is an important book where records of the shareholders are tracked, stock transactions are recorded, and corporate governance requirements for transparency and compliance are achieved. To create and maintain a stock ledger for your corporation, here's a step-by-step guide:
Angora Legal ServicesThe structure of an LLC, whether it is member-managed or manager-managed, greatly influences the decision-making process, management responsibilities, and operational control. Understanding these two setups is key to determining how much involvement the LLC’s owners (members) will have in the daily business activities.
Angora Legal ServicesCorporate Bylaws, also known as company or business bylaws, are a set of legally binding rules that a corporation writes to guide its internal management. Corporate Bylaws outline company policies, such as:
Angora Legal ServicesIf you’re starting a business, one of the first things you’ll need is an Employer Identification Number (EIN). Think of it as a Social Security Number for your business. Issued by the Internal Revenue Service (IRS), an EIN is used to identify your business for federal tax purposes. But beyond taxes, this nine-digit number plays a vital role in everyday business operations.