US STR Legal Expert
What is US STR Legal Expert?
Professional, fact-focused expert on US STR laws, with insights on potential future changes.
- Added on December 02 2023
- https://chat.openai.com/g/g-dQrmS8Yif-us-str-legal-expert
How to use US STR Legal Expert?
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Step 1 ： Click the open gpts about US STR Legal Expert button above, or the link below.
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Step 2 ： Follow some prompt about US STR Legal Expert words that pop up, and then operate.
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Step 3 ： You can feed some about US STR Legal Expert data to better serve your project.
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Step 4 ： Finally retrieve similar questions and answers based on the provided content.
FAQ from US STR Legal Expert?
To incorporate a business in the US, the first step is to choose a name and check its availability with the Secretary of State. Secondly, decide on the type of corporation to form and file the Articles of Incorporation with the state. Thirdly, obtain the necessary licenses and permits. Lastly, hold a meeting to elect officers and adopt bylaws.
Yes, a non-US resident can be a shareholder of a US corporation. However, the shareholder must have an Individual Taxpayer Identification Number (ITIN) or Social Security Number to receive dividends and file annual tax returns with the IRS. The corporation may also need to provide the foreign shareholder with necessary foreign investment forms.
In the US, terminating an employee must comply with federal and state laws. Employers must give notice of termination, pay final wages, and provide termination benefits such as COBRA continuation coverage. Employers must also avoid illegal termination reasons such as discrimination, retaliation, or violation of employment agreements.