Small business owners will have one more item on their compliance to-do list when the Corporate Transparency Act (CTA) takes effect next year. The CTA, enacted as part of the Anti-Money Laundering Act of 2020 (AMLA), places new reporting requirements on many business entities in an effort to expose illegal activities,...
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Business & Corporate Law
The Mergers & Acquisitions Process in North Carolina
Participating in a merger or acquisition in North Carolina can be a transformative process that can unlock countless opportunities and shape the future of your business or organization. Before engaging in a merger or acquisition, it is important to understand the emotional aspects of the mergers and acquisitions (M&A) process. Benefits...
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Why Do You Need An Operating Agreement for a Single-Member LLC in North Carolina?
If you want to form a limited liability company (LLC) in North Carolina, you should consider including an operating agreement. Although North Carolina’s laws do not require LLCs to have operating agreements, you are still encouraged to have one to protect the operations of your business. Having an operating agreement is...
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