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The content here keeps you informed about the latest industry news and provides insight into frequently asked questions.
Submitted by UCS on September 19, 2022
New York law permits certain licensed professionals to form a professional corporation (PC), referred to by the New York statute as a professional service corporation, to shield the personal assets of shareholders from liability f...
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Submitted by UCS on April 15, 2022
In 2015, the International Association of Commercial Administrators (IACA) released the revised Model Administrative Rules, which include a specific section frequently referred to as “standard search logic.” One standard se...
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Submitted by UCS on March 17, 2022
An LLC can be either a member-managed LLC or a manager-managed LLC. In most states, an LLC is member-managed unless it is designated as a manager-managed LLC within its Articles of Organization and/or Operating Agreement/Limited L...
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Submitted by UCS on February 3, 2022
All Delaware domestic stock corporations as well as for-profit non-stock corporations that do meet the requirements with the Exempt Corporation requirements are required to file an Annual Report and pay an Annual Franchise Tax. Th...
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