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What qualifies you as a corporation?

A corporation is created when it is incorporated by a group of shareholders who share ownership of the corporation, represented by their holding of stock shares, and pursue a common goal. The vast majority of corporations have a goal of returning a profit for their shareholders.

How do I check the status of my LLC in NC?

On the Business Registration Division website, click on the tile, Online Services. Then click on Check My Orders Click on Entity Invoice Status

Does NC recognize S corporations?

Taxed under the Subchapter S in the Internal Revenue Code, an S corporation is separate from the corporations owners and stockholders. In North Carolinas incorporation law, theres no distinction between an S or C corporation.

What is NC corporation?

Its a type of legal corporate structure that offers the limited-liability aspects of a corporation, and the tax efficiencies that come with a partnership.

How do I look up a business in North Carolina?

You can find information on any corporation or business entity in North Carolina or another state by performing a search on the Secretary of State website of the state or territory where that corporation is registered.

Who Must File North Carolina corporate tax return?

Unless specifically exempt under G.S. 105-125, all active and inactive domestic corporations, and all foreign corporations with a Certificate of Authority to do business, or which are in fact doing business in this State, are subject to the annual franchise tax levied under G.S. 105-122.

How do I know if my LLC is active in NC?

You can find information on any corporation or business entity in North Carolina or another state by performing a search on the Secretary of State website of the state or territory where that corporation is registered.

What is the difference between and LLC and corporation?

The main difference between an LLC and a corporation is that an llc is owned by one or more individuals, and a corporation is owned by its shareholders. No matter which entity you choose, both entities offer big benefits to your business. Incorporating a business allows you to establish credibility and professionalism.

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