“Our commitment is to excellence, integrity, and the well-being of those who choose us”
We have specialized personnel whose training includes the basic principles for providing our innovative services.
BUSINESS REGISTRATION: LLC, S CORPORATE, C CORPORATE, DBA
The type of business entity you select for your company is an important choice. It will depend upon several factors, including liability, taxation, control, and the raising of capital.
Each business entity has its advantages and disadvantages. The help of a legal professional can help evaluate the factors upon which the choice of business organization should be based.
The value of professional advice early on often pays for itself, many times over, by saving both money and headaches as your business grows. Talk with us at the outset about which type of business structure best serves your unique objectives and goals as well as determine if your company will be local or foreign.
CORPORATE FINANCING
Getting a small business loan can be a challenging process, but with proper planning, you can increase your chances of success.
At YSA Consulting Group we are committed to our clients so that they achieve their financial goals in the short and long term. We offer you a range of products that can help your company enhance its marketing and growth capacity.
Have the necessary documents on hand, such as financial statements, balance sheets, income projections, your personal credit score, how much, and why you need the money.
All you have to do is contact us for a free evaluation!
ANNUAL REPORT
What is an annual report?
It is the form that updates or confirms your company’s registration data with the state where you register it. In most states, it is mandatory whether or not there are changes. Most states require companies to file the annual report; this is in order for your company or business entity to maintain an “active status.” However, there are other states that do not require it, such as Arizona, Missouri, New Mexico, Ohio, and South Carolina so far.
Each state has its own deadlines for filing the annual report. Just as examples, in Florida the filing deadline is May 1, in North Carolina it is April 15, in Delaware June 1, and in Georgia April 1, while in other states they are biennial.
Failure to file this formal obligation with the respective state will result in a late fee or penalties. There is also the risk that the company will be dissolved.
BOI
The Beneficial Ownership Information (BOI) report came into effect in January 2024 and is required by FINCEN, which is the agency of the United States National Treasury that regulates financial crimes, to obtain accurate and relevant data to collaborate with the fight against money laundering and the financing of criminal activities such as terrorism, drug trafficking, and tax evasion. Its function is to report who are the individuals who are the beneficiaries of a company. By having clarity on the true beneficiaries of companies, the United States government can more effectively assess the level of risk that each company represents.
Every company that has been formed by filing documents with a secretary of state must file the BOI.
Contact us if you need more information!
AMENDMENT OF THE ARTICLES OF ORGANIZATION
How to Change Your Business Information?
Any time you change the information included in your business’s articles of incorporation or articles of organization, you typically need to file an article of amendment.
Why is it important?
The information included in your articles of incorporation/organization or your Certificate of Authority (if you’ve registered to transact business in other states) is the official information the state has on file for your business. When that information changes, it must also be updated with the state.
Filing articles of amendment tells the state that the appropriate representatives of the business have consented to the change. For example, changing a corporation’s business purpose may require consent from the incorporator or the corporation’s directors or shareholders.
The state’s approval certifies that your business has met state legal requirements and that the information has been officially amended with the state.
COMPANY DISSOLUTION
The dissolution of a company before the Secretary of State is a necessary legal requirement to be able to officially close a company and terminate its life and thus avoid possible sanctions or legal, tax, labor, and/or third-party problems in the future.