Corporate Transparency Act (CTA) and Benefitial Ownership Information Access (BOI)
Como mencioné en mi artículo del 8 de agosto de 2023 en LinkedIn, a partir del 1 de enero de 2024, un gran numero de entidades legales incorporadas, organizadas o registradas para hacer negocios en un estado de EE. UU. deberán divulgar información (Benefitial Ownership Information Access (BOI)) sobre las personas que al final poseen […]
Non-profit organization: How to exit
Non Governmental Organizations
Companies – How Their Legal Existence Affects Society
Companies are legally created entities treated as a natural person with separate personality solely responsible for its liabilities independent of their creators and owners.[1] As an individual the company can by itself own property, hire workers even if there is only one being the owner,[2] sue, and be sued and conduct its business continuously and […]
How Corporate Governance Affect Your Investments
An inherent dichotomy exists between shareholders, board members, and officers. Although they are meant to work together, their individual goals and objectives often cause friction between them. The system by which companies are directed and controlled is commonly known as corporate governance. If you own a small family business, this may not be as much […]
Beyond the Certificate: Why Strategic Governance is Vital for Puerto Rico Non-Profits
Many entrepreneurs and community leaders interested in forming a non-profit organization or corporation in Puerto Rico often overlook the complexities of internal organizational structure. Without weighing the long-term legal consequences, many rely on “canned” documents found online or provided by non-legal professionals. While an accountant is invaluable for fiscal matters, they cannot provide the comprehensive […]