Corporate Kit:
Need a safe place to store vital company documents? BCC's Corporate and LLC kits make an impressive—and practical—addition to your home or office. Your kit comes standard with twenty customized stock or membership certificates pre-printed with your company's name and state information. You'll also receive a heavy-duty seal to emboss official documents with your company's name, state of formation, and year of formation.
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Annual Report - After you form your corporation or LLC, it's important to protect its good standing by filing any mandatory reports with the state. Not all states require a report when you first set up your company, but most require either an annual or biannual report for as long as your company exists. With BCC service, creating and filing your annual reports is fast and easy. Simply answer a few questions and BCC takes care of all the details.
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EIN Your Federal Tax Identification Number or "EIN" is the unique number the IRS assigns to your business. With BCC, obtaining your company EIN is fast and easy.
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What is a LLC ?
An LLC is a Limited Liability Company. It is a type of business structure that provides its owners limited liability. It is neither a corporation nor a partnership. An LLC offers its owners protection from any personal liability from the business debts. It is also a pass-through entity with regards to tax, something a corporation is not. This means it can pass through to its owners the company's profits as well as losses. A limited liability company can have as many members as it wishes to have.
What is a Corporation?
A corporation is the most common form of business organization, and one which is chartered by a state and given many legal rights as an entity separate from its owners. A corporation protects owners from being personally liable in the event that the company is sued. There are different tax implications for corporations, which can be both advantageous and disadvantageous.
What is a 501c3 ?
A 501c3 entity is a non-profit corporation. Typically, a non-profit is an organization that exists to meet a need within a community. It cannot distribute profit to its owners. Many non-profit organizations qualify for tax-exempt status, which makes them eligible for grants, tax deductible donations, and are exempt from paying sales, income, and property taxes. While 501c3 organizations can earn profit as a corporation or business entity, it cannot distribute that profit to its owners. Churches are the most common type of non-profit entity.
What is a Foundation?
A foundation is a nonprofit organization that supports charitable activities in order to serve the common good. Foundations are often created with endowments—money given by individuals, families or corporations. They generally make grants or operate programs with the income earned from investing the endowments.
What is an EIN?
An EIN stands for Employer Identification Number. The Employer Identification Number does not signify the type of status a corporation holds, but rather, helps to maintain adequate records. All companies, whether held by one person or by multiple people, have an EIN. An EIN also does not reflect taxable status. Both profit and non-profit corporations have them. Some businesses may require an EIN to grant certain privileges to a corporation
What is a DNB?
A DNB is a D-U-N-S Number is a unique nine-digit sequence recognized as the universal standard for identifying and keeping track of over 100 million businesses worldwide. D-U-N-S Number's enhance the credibility of a business in the marketplace and they also enable potential customers, suppliers, and lender to easily identify and learn about a company.
Why is a Corporate Kit Necessary?
Corporate kits make compliance with state and federal regulations easy. Corporate kits keep all of your corporate records in one place for easy retrieval. They come with sample printed templates for various company resolutions and actions. They also provide record keeping materials for stock issuance and maintenance. There are many practical and legal advantages to having a corporate kit.
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