Articles of Amendment Filings
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If you would like to make changes to your original Articles of Incorporation (Corporation) or Articles of Organization (LLC), then filing an amendment with the state of formation will be required.
Articles of Amendment can be filed to:
>Change the name of your company.
>Change the number and type of authorized shares.*
>Change the business purpose of your company.
>Change officers, directors and/or members listed on your initial formation documents
(NOTE: changing officers, directors and shareholders may not require an amendment, simply filing an early “Annual Report” might be sufficient,contact us for clarification).
>Change any other information on your original formation paperwork.
*Changing the number and value of shares may affect the state filing fee, please contact us before ordering so we can verify this with you.
DBA
A DBA (also known as a “sole proprietorship”, “Doing Business As”, or a “Fictitious Name”) is a business that is not separate from its owner, merely a different name that the business owner operates under. The owner is personally liable for the company and its debt; all income is added on the owner(s) personal tax returns (pass-through taxation). If there is more than 1 owner, then the business is classified as a “General Partnership”.
PROS: Easy to setup, easy to maintain.
CONS: Owners are personally liable for the company and its debt ( the owner(s) could lose a house, cars, personal assets, etc.) in a lawsuit. Usually not recognized at the State level, only in your city/county. No corporate “prestige” of having the “Inc.” or “LLC” attached to your name. LLC’s have primarily replaced DBA’s as the entity of choice for even the smallest businesses.
How to Get Star
Winners Circle Academy can file your Amendment in any state!
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