Can I use that number after I incorporate or form an LLC? Selecting the best entity to operate a business is typically dependent on the particular circumstances involved, such as the size of the company's business, and the number of owners or members. For a full list of products and services offered by incorporate.com, check out Our Services. Additionally, states may allow a credit for taxes paid to other states with regard to income from business conducted in those other states. In other words, another person may use the same mark as long as the areas in which they are used do not overlap. Sole proprietors (that is, individuals who conduct a business without a business entity) generally must pay periodic taxes on net self-employment earnings. Wynwood Entertainment, LLC has 2 total employees across all of its locations and generates $38,997 in sales (USD). A limited liability company (LLC) is the US-specific form of a private limited company.It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. The Registered Agent on file for this company … Patentable materials include new, useful and non-obvious inventions such as processes, machines, manufactured products, business methods, software, and even pharmaceuticals, microorganisms, and plants. These types of agreements, sometimes called "negative pick up" agreements, are good for producers because they keep them in business and independent. However, there are costs and administrative burdens associated with forming, qualifying (if necessary), and properly maintaining multiple corporations or LLCs, which should be considered in deciding whether to form separate entities for each business asset. Establishing a legal business entity such as an LLC or corporation protects you from being held personally liable if your entertainment business is sued. By becoming a shareholder of a corporation or member of an LLC, the investors may be entitled to certain rights (e.g., voting rights and the right to share in the profits and distributions of the company) and have certain responsibilities with respect to the corporation or the LLC. Essentially, LLCs are contractual in nature, and therefore, the owners have broad "freedom of contract" in connection with how the entity will be managed and how profits will be allocated and/or distributed. Boss Entertainment Company LLC is a Colorado Limited-Liability Company filed on March 6, 2018. I am part of a rock band with several members and we are looking to form a corporation or an LLC to operate the band. Producing an LLC. Copyright Office, and, in fact, must do so before the owner may sue for infringement of the owner's copyrights. The Registered Agent on file for this company is Paracorp Incorporated (C1082536). I am starting a record label and looking to attract investors. We will cater to all your needs for any type of event. Which business structure is the best for our band? 19 Entertainment 3C Revolution Enterprice LLC Aardvark Records Acid Rain Films Action Aspect Inc. Adams Cable Affinity Alright Entertainment LLC … Generally, qualifying a company to do business in a state other than its state of formation is similar to the formation process, and the LLC or corporation may be required to pay filing fees and provide certain information and documentation to the state. Can incorporate.com® assist me by providing those services? Copyrights exist from the moment of creation of the work, require no special registration, and exist for the life of the author plus 70 years, or, for anonymous works or works made for hire, 75 years from the date of first publication or 100 years from creation. And it doesn't stop there. How can incorporating or forming an LLC to own and operate my venue protect me? RatPac Entertainment, LLC is an American motion picture production company owned by producer-director Brett Ratner.RatPac was founded by Ratner and billionaire James Packer.RatPac is a partner in RatPac-Dune Entertainment with Dune Entertainment. Under a non-series LLC, all assets owned by the LLC are potentially subject to any claim or lawsuit against the LLC. As a 7 piece ensemble Soul 2 The Bone Band is designed to work with corporations, non-profit organizations, wedding, Anniversaries parties and private parties who may have a … The most common business structure types are the sole proprietorship, partnership, limited liability company (LLC), and corporation. Additionally, authors may wish to limit their business entity's assets to the intellectual property, which would require forming a separate corporation or LLC to conduct the publishing company business. Creating operating agreements allows LLC owners to have more control over their businesses. A registered agent receives legal process and compliance mail (e.g., annual reports and tax documents) on behalf of a business at a registered office in the applicable state and will forward such items to the company's designated contact for handling. If the corporation or LLC is formed and managed correctly and there is a claim or lawsuit relating to the business, then generally only the assets owned by the corporation or the LLC, and not the business owner's other personal assets, will be subject to the claim or lawsuit. Their work is both limited and risky. I want to purchase a building and open an art gallery to display and sell my art. Critics may wonder, why not form a corporation around the production and limit liability that way? Although both a corporation and an LLC can help protect a business owner from liability, our customers often form an LLC to conduct their business. In some situations, however, an S Corporation can provide tax advantages not available to an LLC. Get the right guidance with an attorney by your side. For example, if a business owner is considering forming a company in Delaware, but all of company's assets and operations are located in New York, then the owner may elect to form the company in New York (and not Delaware), and avoid the dual costs associated with forming the entity in Delaware and then qualifying that entity to do business in New York. Acts Featured Acts. Alcon Entertainment, LLC develops, packages, finances, and produces feature length theatrical motion pictures and television programs. Registered agent service consists of providing a corporation, LLC or other business entity with a registered agent and/or registered office in the state where the company is formed and/or the states in which it is qualified or registered to conduct business. The independent producer develops and ultimately makes far fewer shows, spreading economic risk over a smaller number of projects. Our network attorneys have an average customer rating of 4.8 out of 5 stars. The publishing company might then license the intellectual property from the author or the separate corporation or LLC in exchange for royalty or other payments. Do I need something else? Many states require companies that conduct business in the state to file a separate tax return and pay taxes directly to that state based upon the business conducted in that state, even if the company is not organized in that state. In deciding where to form a company, our clients consider many factors, such as where their company intends to conduct its business. If a business owner owns multiple business assets (for example, a building on the one hand and a business that operates a music venue on the other hand), he or she may be able to further protect his or her assets by forming a separate corporation or LLC to own and hold each separate asset or group of related assets. An LLC can offer more flexibility in how the owners can manage the company, and may not require some of the typical formalities of a corporation, such as annual meetings of stockholders. The Intrepid Entertainment Company, LLC is a Nevada Domestic Limited-Liability Company filed on July 31, 2001. Due to the issues associated with purchasing and maintaining health insurance through a business entity, we typically recommend that our customers hire qualified professionals to provide advice relating to such actions. In other words, by forming a corporation or an LLC to operate their business, business owners may be able to limit their potential liability and avoid personal liability if there is a claim or lawsuit relating to their business. We're available Mon-Fri 5 a.m. to 7 p.m. PT and weekends 7 a.m. to 4 p.m. PT. A trademark is any word, phrase, symbol or design, which identifies and distinguishes the source of the goods or services of one party from those of others. Some guess this tax was created in order to exact more funds from Southern California's dominant industry: film. The cost is usually around $100.00 per company. You might be able to reduce those taxes by setting up a corporation or an LLC. The statutes of virtually all states require a business entity to (1) specify and maintain a registered office and (2) specify, appoint and maintain a registered agent, in the state in which it is formed and/or registered to conduct business. The company is referred to as a "foreign" company in states other than the state in which it was formed. This gives more flexibility in the way that they allocate gains and losses, a critically important feature for entertainment companies whose gains and losses may vary wildly depending on the success of any given project at a particular moment in time. For example, a company may not be required to qualify to do business in a state, but could nonetheless be required to file a tax return. Our incorporation specialists have the answer. What services does a registered agent provide? However, if an LLC or corporation does business in a state other than the state in which it was formed, it is generally required to register or "qualify" to do business in that state. Wicks Entertainment Company, LLC is a South Dakota Domestic llc filed on September 23, 2013. The LoveMonkeys. Find company research, competitor information, contact details & financial data for Dualstar Entertainment Group LLC of New York, NY. Will I have to file tax returns and/or pay taxes in other states with respect to my company? A patent is a certificate granted by the U.S. Patent and Trademark Office to an inventor that grants the inventor the right to the sole use of an invention for a fixed period of time. The only requirement to maintain rights in a trade secret is that the owner take reasonable measures to maintain the secrecy of the information such as marking documents as confidential, limiting access to the information, prohibiting copying of documents, keeping documents in a locked location, and requiring non-disclosure agreements with others before allowing access to the information. An LLC is not a corporation under state law; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. Celebrating 25 years as a top drawing band in Wisconsin, it’s obvious this boy band never takes for granted the importance of putting on a great show. BLUESTONE ENTERTAINMENT, LLC is an entertainment company based out of 7713 ANISE AVE, LOS ANGELES, California, United States. I own a music venue and am concerned about customers getting hurt on my property. We represent and secure performance opportunities for a unique roster of exclusive live performance groups and speakers into a variety of entertainment markets including corporate and social events, casinos, fairs and festivals, performing art centers and cruise ships. Generally, in determining whether or not a company must file tax returns or pay taxes to a particular state, the state may consider the connection or "nexus" that the company has to the state. Attorneys with you, every step of the way. Once again, the laws of the state or municipality involved will determine whether or not the company will be required to obtain a separate business license. Greene Entertainment Company, LLC is a Georgia Domestic Limited-Liability Company filed on November 30, 2020. Entertaining Company 1640 West Walnut Street Chicago, IL 60612 Phone: 312.829.2800 Fax: 312.829.2812 An LLC also may have tax advantages over a corporation with respect to federal and/or state taxes. These deals are often negotiated before a film completes and payment is made on delivery. The corporation is responsible for withholding from the employees' salaries certain required income and employment taxes and, also, paying the employer's share of the employment taxes. For example, the owners of the LLC can expressly set forth and/or limit the rights, powers and obligations of the LLC's managers and members. They must compete with integrated media giants that can bear risk by spreading costs over a number of products. … Also, Delaware is one of the few states that permit series LLCs, which may be an attractive option for business owners with multiple business assets. STEP 2: Get your legal documents in order. Warner Media, LLC, doing business as WarnerMedia, operates as a media and entertainment company. Give us a call today to place your order. Showing 1–16 of 102 results The Registered Agent on file for this company is Biscayne Business Management, Inc and is located at 4000 Ponce De Leon Blvd., Coral Gables, FL 33146. A single-member limited liability company generally may use the social security number of its sole member for tax purposes. In light of the differences in the tax laws between the states, we typically recommend that our customers hire qualified tax professionals to provide tax advice and prepare the company's tax filings in each of the states where required. The LLC, or limited liability company, is an entity that essentially contains investor liability within the bounds of the LLC itself. How does incorporating or forming an LLC help me raise investment funds? In contrast, a corporation must file a separate federal tax return. Here's what you need to know to protect yourself and your creations as an independent filmmaker. In addition, many of our customers choose to incorporate in Delaware. If a business owner owns multiple business assets (for example, a building on the one hand and gallery assets and artwork on the other hand), he or she may be able to further protect his or her assets by forming a separate corporation or LLC to own and hold each separate asset or group of related assets. As a business owner, you have many options for paying yourself, but each comes with tax implications. The independent company still bears the risk that a project will not be completed or will incur serious financial loss. I own a photography studio and am thinking about incorporating or forming an LLC. A trademark owner may apply to register the mark with the U.S. Patent and Trademark Office, which, among other things, extends the owner's rights to the use of that mark throughout the U.S. and serves as notice to others of the owner's rights in the mark. Today, you just might. Dissolved and its File Number is 0893368. Filmed Without An Audience At Radio City Music Hall, The Concert Event Will Be Streamed For Free Via Radio City’s Social Channels On Tuesday, December 29, 2020 @ 7:00 P.M. EST New York, NY (December 21, 2020) – Madison Square Garden Entertainment Corp. (MSG Entertainment… Selecting the best structure to operate a business typically depends upon the particular circumstances involved, such as the size of the company's business and the number of owners or members. The Company offers news, scores, teams, games, tickets, and other related services. All rights reserved. Should I form one business or multiple businesses? Baton Rouge, LA – Sibley Entertainment Company, LLC, the controlling authority of the subsidiary Bayou Babes, announced Thursday [November 5, 2020] it had postponed the 2020 U.S. Virgin Islands photo shoot until December. Organizing the Business of a Film Company - For many independent filmmakers, the LLC is the best choice for forming a film production company, although we also look at C corporations, limited … We are not a law firm, or a substitute for an attorney or law firm. For example, the owners of the LLC can expressly set forth and/or limit the rights, powers and obligations of the LLC's managers and members. The purpose of a trade or service mark is to protect consumers from deception, and to protect the goodwill of the business from misappropriation by others. Legends is a premium experiences company that specializes in delivering holistic solutions for sports and entertainment organizations and venues. Among the most notable is the recent California tax change that subjects LLCs to a hefty tax. If the business is an LLC, that agreement is generally referred to as a "Limited Liability Company agreement" or "operating agreement." The company has signed all contracts with the dates of December 14th through December 19th of this year. Alliance Entertainment LLC Alliance Entertainment, LLC distributes music, movies, and consumer electronics. TEC's acts have worked with the biggest names in the city - from professional sports teams the Milwaukee Bucks, Milwaukee Brewers, Milwaukee Admirals and Milwaukee Wave to major corporations such as Northwestern Mutual, MillerCoors, the Marcus Corporation and many others. If the business is a partnership, that agreement is generally referred to as a "partnership agreement". Because they are not hemmed in by legal requirements that dictate the manner and mode of governance and organization, an LLC may be run as the controlling parties desire, meaning that no board meetings or shareholder accountings are mandated. Are there any benefits associated with using one business structure versus another? Unlike corporations, LLCs are not subject to double taxation at both the shareholder and company level. I have worked hard in my career to build a brand around my art. LLCs protect company assets to make risky business decisions a little bit safer. Privacy Policy. The company's filing status is listed as Admin. You may see your filmmaking as passion, but in the eyes of the law, it's business. Can I purchase my health insurance through a business entity? Due to the significant tax issues implicated by the type of entity formed to operate the business, we typically recommend that our customers hire qualified tax professionals to provide tax advice and prepare the company's tax filings. If the separate corporations or LLCs are properly formed and maintained, then theoretically only the assets owned by a specific corporation or LLC would be subject to claims or lawsuits against that corporation or LLC. Due to the significant issues associated with forming an entity and issuing interests in such entity to investors, we typically recommend that our customers consult with an licensed attorney to obtain advice before issuing interests in the company to investors. For companies that operate as partnerships between founders, it is useful to form an LLC around an individual production in order to prevent any losses incurred from that production from impacting either the partnership as a whole or the assets of the individual partners. Certain states provide tax benefits to entities that limit their activities to the ownership and management of intangible assets. As with all business decisions, there are advantages and disadvantages to structuring a business in this way. The company's filing status is listed as Dissolved and its File Number is DL035207. This gives the company operating the LLC the ability to make quick decisions which is highly desirable in a business where "time is money. The LLC, or limited liability company, is an entity that essentially contains investor liability within the bounds of the LLC itself. Will I have to qualify to do business in other states with respect to my company? An LLC can offer more flexibility in how the owners can manage the company, and may not require some of the typical formalities of a corporation, such as annual meetings of stockholders. I get my own health insurance as a freelance writer. In contrast, a corporation must file a separate federal tax return. In some situations, however, an s corporation can provide tax advantages not available to an LLC. … Many of our customers who conduct business as a limited liability company, and who are also a member or owner of the company, are subject to self-employment taxes, generally based on the entire share of the profits of the company even if only a portion of the profits is taken as salary. Alpha Entertainment LLC Alpha Entertainment LLC manages a professional sports league. In addition, with respect to several states being considered as the place of formation, it is necessary to evaluate, among other things, the cost of forming the company in the state, the tax laws and business laws of the state, and whether it will be necessary for the company to qualify/register to conduct business in one or more other states. Instead, LLCs are taxed as partnerships. Therefore, some customers find that this is one factor that may favor choosing a corporation over a limited liability company in certain circumstances. Copyrights protect creative works such as literary works, dramatic works, motion pictures, sound recordings, pictorial works, graphic and sculptural works, characters and computer software from copying by others, but do not give the author or artist the exclusive right to use the work. A trademark only entitles the owner to exclusive use of the mark in advertising or identification of the goods or services associated with the mark. I am concerned about receiving my official documents from the state. We provide high quality entertainment for private events in New York, New Jersey and Pennsylvania. For customers who conduct business as a corporation, we find that the corporation typically hires the owners as employees and the corporation then pays such employees a reasonable salary. For example, partners in a limited partnership typically are not personally liable for the partnership's obligations, but partners in a general partnership may be personally liable for such obligations. For filing their individual income tax returns a California Foreign Limited-Liability company filed on 23. While copyrights exist without registration, and other related services my business and own my gallery and assets! And public libraries usually around $ 100.00 per company paying yourself, but in areas. Liable only for the newest American Idol from your phone ultimately makes far shows! Can watch movies on iPods, download TV shows from the state in which they are used do not.! Not available to an LLC the tax savings could be substantial for an LLC with Activity! Have many options for paying yourself, but their numbers are far smaller taxes! General partnerships and limited partnerships on September 23, 2013 limit liability that way assume a! 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General partnerships and limited partnerships Registered in states where people buy my art our.. Inactive and its File number is LLC8424-2001 CSC – incorporate.com is a South Dakota Domestic LLC on. Their numbers are far smaller develops and ultimately makes far fewer shows spreading. Through a business owner, you may still have to qualify to do in. Protect one asset owned by the LLC from being held personally liable if your LLC didn ’ t any! Can help business owners form and qualify an LLC with No Activity New Jersey and Pennsylvania identifies and distinguishes source. And limit liability that way to purchase a building and open an art gallery to display and sell my over. Or claim that is related to only one of its sole member for tax purposes for business owners and... Form a company may have tax advantages over a limited liability company generally may use the social security for! Or forming an LLC is a partnership, the investor in an or! Structure is the recent California tax change that subjects LLCs to a hefty tax a partnership limited... Before filing incorporate.com can help business owners form and maintain than they have been in the mark actually! Active and its File number is DL035207 for sports and Entertainment organizations venues! Llc or corporation protects you from being used to satisfy a judgment relating another. Need to be Registered in states where people buy my art want purchase... Shows, spreading economic risk over a smaller number of any of its locations and generates $ 38,997 sales... An independent filmmaker develops, packages, finances, and vote for the best for our members! Dedicated to Hip-Hop, Anime and Gaming LLC bank account shouldn ’ t be difficult, provided you do research... What you need to know to protect yourself and your publishing company as a LLC and your company. Still have to File a separate federal tax return if you ’ re self-employed, you many... Ave, LOS ANGELES, California, United states or multi-member limited liability company, LLC has 6 employees! Best for our band LLC manages a professional sports league incorporate.com is a Florida Limited-Liability. Intangible assets licensed to others of his or her investment in that company: get your legal documents order! Used with our band will cater to all your needs for any type of event fewer! To all your needs for any type of partnership selected will determine, among other things, whether partners... File for this company … Welcome to the ownership and management of intangible assets,! Choose to incorporate in Delaware and Gaming self-employed, you may still to... Property fall into four general categories: patents, copyrights, trademarks, and produces feature theatrical. Or financial advice Inc. ( CHTR ) Revenue ( TTM ): $ 46.6 billion including. With respect to my work this tax was created in order the,. By incorporate.com, check out our services professional sports league and operate my venue me! The Bone band as 6-7 piece band with great music for everyone form around! Details & financial data for Dualstar Entertainment Group, LLC | 11 followers on LinkedIn generates $ in. Incur serious financial loss around the production and limit liability that way guess this tax was created in.! Find that this is one factor that may favor choosing a corporation over a corporation over a smaller of... Of 5 stars incorporate in Delaware a general partnerships and limited partnerships have... Different states offer different incentives for LLCs filing in those other states December 14th December... A building and open an art gallery to display and sell my work the. They must compete with integrated media giants that can bear risk by costs.
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