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Maintaining Your Business

How to Maintain a Business

Incorporation is just the beginning. Onbic offers many products and services to help you grow and manage your business. As your needs evolve, we'll stand by you. Let us focus on the details so you can focus on running a profitable business. See below for a list of some of the most common business maintenance issues that Onbic can help you with, easily and affordably.

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Filing a DBA

Expand Your Business

If your business is operating under multiple names or divisions, you may have to file for a fictitious business name, also knows as a DBA, so you can cash checks under all of your business names. Obtaining a DBA is required to cash checks or open bank accounts for different divisions or company names, which can be...

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Foreign Qualifications

Expand Your Business

When you incorporate you must determine what state to incorporate in. If you wish to do business in more than one state, you may need to Foreign Qualify if you are not incorporated there. (Please note that many states will tax a corporation that exists in their state, even if it is not doing business there.)

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File a Trademark

Protect Your Name, Works, And Company

A trademark is a word, phrase, symbol, or design, or a combination thereof, that distinguishes the source of your goods from those of others. A Service Mark is similar to a trademark. However, it identifies and distinguishes the source of a service rather than a product. Generally, the terms "trademark" and "mark" are used to refer to both trademarks and service marks. We offer three Trademark services: ...

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Copyright Application

Copyright Application

Onbic offers copyright application and registration services. Copyright is a protection that covers published and unpublished literary, scientific and artistic works, whatever the form of expression, provided such works are fixed in a tangible or material form. Copyright laws grant the creator of the "work" the exclusive right to reproduce, prepare derivative works, distribute, perform, and display the work publicly.

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EIN

Employer Identification Number

Onbic obtains EINs for businesses nationwide. An EIN is a federal identification number used by the IRS to identify a business entity. It is also known as a Federal Tax ID number. Legally, you are required to identify your business with one of two numbers: either your social security number or an EIN. Generally you need an EIN when your business: Is new Hires, or will hire, employees Is an LLC or Corporation Opens a bank account, Changes type of organization.

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S-Corp Elections

S-Corp Elections

Onbic can help you elect S-corporation status. Electing S-corp status means that income generated by your business is "passed-through" to your shareholders for computing tax liability. Most businesses start out as a general C-Corporation and are required to pay income tax on taxable income generated by the corporation. However, as soon as a corporation has been formed, it may elect S-Corporation status. Then, the shareholders are taxed like a ...

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Annual Report

 

Keep Your Business In Good Standing. Most states require that you file an annual report to keep company information current with the secretary of state. Corporations and LLCs must report to the state information about business activities, business locations, and current contact information for owners/managers. Most states require this information be updated annually. By submitting the Annual Report (sometimes called Statement of Information), this filing requirement is met. If a business doesn't file in a timely manner, the corporation or LLC could be subject to suspension or dissolution in addition to having penalties and late fees imposed by the state. Please note that under most conditions (whether a new business, conducting business, or not conducting business at the time, etc.) you are required to file according to your state's schedules which vary by state.

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Registered Agent Services

 

Let Onbic Act As Your Registered Agent´╝Ü we will receive service of process for your business during any legal action Maintain privacy and separation from the public Accept legal documents outside of the business Most states require businesses to maintain a registered agent in the formation state, individual, or entity designated by your corporation or LLC, to accept legal and official documents on behalf of your business. This could include, but is not limited to, documents such as franchise tax notices, annual reports , official legal notices such as a court summons, and more. Onbic can provide your corporation or LLC with a registered agent in any of the 50 states. Additionally, as your registered agent, we can add a layer of privacy between your business and the public. Penalties for not maintaining a registered agent generally will cause a jurisdiction to revoke a ...

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