James W Business Enterprises Law Blog

All Florida Entities Must File an Annual Report

Monday, May 30, 2011 by James W. Martin

The Florida Annual Report (formerly known as the Florida Uniform Business Report) is the annual report that most Florida corporations, partnerships and limited liability companies (LLC) must file with the Florida Division of Corporations of the Florida Department of State in order to remain an active legal entity.... Read More
Posted at 20:39 PM  |  PERMALINK
Topic: Business Enterprises

What Are the Duties of an LLC President?

Monday, May 30, 2011 by James W. Martin

What are the duties of an LLC president? You need to know the answer if you are the president. But this question is also asked by Florida LLC members and managers. Especially when they don’t like what the president is doing.... Read More
Posted at 20:30 PM  |  PERMALINK
Topic: Business Enterprises

What Does It Mean When an Entity Is Dissolved?

Monday, May 30, 2011 by James W. Martin

Dissolution is a term indicating that an entity’s legal existence is coming to an end. This can occur in a number of ways. The most common is when the shareholders of a Florida corporation, members of a Florida LLC, or partners of a Florida partnership mutually agree to dissolve the entity by filing documents with the Florida Division of Corporations.... Read More
Posted at 16:42 PM  |  PERMALINK
Topic: Business Enterprises

What Is Formation of an Entity?

Monday, May 30, 2011 by James W. Martin

Formation is the process by which a new Florida business is created... Read More
Posted at 16:40 PM  |  PERMALINK
Topic: Business Enterprises

What Is a Florida LLC?

Monday, May 30, 2011 by James W. Martin

A Pinellas County LLC or limited liability company is formed in Florida by filing articles of organization with the Florida Division of Corporations. But that is just the first step. There are other legal documents to be prepared for the Pinellas County LLC, such as an operating agreement, and there are accounting and tax matters to deal with.... Read More
Posted at 16:39 PM  |  PERMALINK
Topic: Business Enterprises

What Are Members of a Florida LLC?

Monday, May 30, 2011 by James W. Martin

A Florida limited liability company has one or more members. The rights and duties of the LLC members are specified in the Florida LLC laws and in the operating agreement of the LLC. Those documents provide for the ownership, management and control of the LLC.... Read More
Posted at 16:38 PM  |  PERMALINK
Topic: Business Enterprises

What Are the Duties of an LLC President?

Tuesday, March 29, 2011 by James W. Martin

What are the duties of an LLC president? You need to know the answer if you are the president. But this question is also asked by Florida LLC members and managers. Especially when they don't like what the president is doing.... Read More
Posted at 10:26 AM  |  PERMALINK
Topic: Business Enterprises

Has Your Florida Corporation Held Its Annual Meeting Yet?

Wednesday, November 10, 2010 by James W. Martin

It's important for all Florida corporations to hold an annual meeting of shareholders and an annual meeting of directors. Even if it's not a Fortune 500 company. Even if it has just one shareholder. Why? To elect directors and officers, review annual financial statements, and do the other things that corporation shareholders and corporation directors are supposed to do.... Read More
Posted at 07:52 AM  |  PERMALINK
Topic: Business Enterprises

What About an Online Minutes Book?

Thursday, April 2, 2009 by James W. Martin

An online minutes book would be great. But it needs to be secure.... Read More
Posted at 14:23 PM  |  PERMALINK
Topic: Business Enterprises

All Florida Entities Must File an Annual Report

Thursday, April 2, 2009 by James W. Martin

Filing an annual report is required of all entities in Florida.... Read More
Posted at 13:52 PM  |  PERMALINK
Topic: Business Enterprises
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