Business Resource Center

In these resources, CT's expert professionals offer thoughts and tips on keeping up with your business entity compliance and keeping your company in good standing. We highlight current trends and important aspects of compliance and governance for any company. Equipped with this information, you'll be better prepared to make the right decisions for you and your business.

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What Is a Professional Corporation? A professional corporation (PC) is a corporation that provides organized to provide services by professionals that must have a state license. (Some states refer to a professional corporation as a professional association (PA) or a service corporation (SC).)
A limited partnership allows great flexibility in managing the business and dividing the profits. There must be at least one partner with unlimited personal liability for the business debts.
Discover the key factors that affect international compliance, and which countries are considered the most complex for doing business
A Federal Employer Identification Number (FEIN) is used to identify your business entity and is issued by the IRS. Because this is required to open a bank account and employ workers, it is typically essential for all businesses to obtain an FEIN upon formation.
Deciding where to incorporate or form a business is no easy task, but it’s important to think holistically about the benefits your state of incorporation can provide.
The Global Market Entity Identifier (GMEI) is a new federal regulation for companies that trade or are counterparties to OTC derivatives. Non-compliance can put your company’s ability to trade OTC derivatives at risk.
A GMEI (Global Market Entity Indentifier) is a unique 20-character code associated with a single legal entity that enters into over-the-counter (OTC) derivative swaps.
In order to run a successful business, you must spend money. Fortunately, many business expenses are tax deductible--if you follow these rules.
Big complex businesses have big, complex annual report compliance needs. See how keeping it in-house may be costing more than you think.
Use this handy chart to compare the most common company types on key factors, including formation, taxation and compliance requirements.

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