Register A New Company And Be Protected From Business Debts

2007-03-08 10:33:40

( Business )



If you want to obtain protection of limited liability for business activities that are likely to involve a significant element of risk, you may register a new company through LLC registration.

Before you register a new company in a US company register, make sure your company’s name and logo are not too similar with those of an existing company. Remember that getting a new company name registered and a domain name registered with any domain registration companies, like co uk domain registration service will be futile if the owner of a registered trademark will serve you an injunction order.

When you register a new company (as LLC) you must follow a set procedure for limited company registration. The names and addresses of the first directors, address of your company’s registered office, statement showing the amount of company’s authorized capital share and the company’s memorandum of association and articles of association are some information that must be entered in the US company register.

These requirements are necessary whether you register a new company on your own or through a specialist company registration firm (that charges a fee for the work carried out). Take note that your memorandum of association relates to the structure of your new company. And your articles of association define the internal rules and regulations of your company which must be observed by shareholders and management.

After you register a new company, a certificate of registration will be issued. Your company has then acquired a separate legal personality from its owners. Because of this, the company will continue to exist even after the departure of its owners, until it is formally dissolved.

And your liability as a shareholder is then limited to the amount of money invested in share capital. Thus, you will be protected from personal liability for business debts incurred by your company.


All rights Reserved © Tradenet Services srl
Do not duplicate or redistribute in any form.