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New Business SetUp

New Business Setup

Cannabis Cardpay provides new business set up services that require formation, legal compliance approvals, and registration with various state and federal authorities. Our professional services team has over 10 years of experience. We streamline the complexity associated with integrated new entity setups, and manage every legal aspect of your new or existing business: Business entity formation  Tax Id, sales tax collection Business licensing in all 50 states.....

Form Limited Liability Partnership (LLP)

Partnerships are the most commonly formed business entities. They provide the facility for more than one owner and share both benefits and strategic direction of the business. Forming a limited liability company offers multiple advantages: • Liability protection • Tax Advantages • Flexibility of investment / compensation  • Equal management rights

Form C-Corporation

Cannabis Cardpay offers registration services for C-corporations. We help you register a corporation or business name, obtain articles of incorporation, and pay all state and federal fees. Why register a Corporation? • Forming a corporation is the best way to protect personal assets for the owner • Business structure of the corporation provides tax benefits • Provides greater flexibility and anonymity • Easier transfer of ownership

DBA / Assumed Name

Cannabis Cardpay new business services will help you throughout DBA (doing business as) setup process. Your business can operate with an assumed name that does not require the cost of creating a new business entity. DBAs allow for the following: • Accept payments • Advertisement

Form S-Corporation

Register S-corporation to avoid double taxation and minimize your business expenses. An S-corporation is not subject to individual or federal income tax. Claim your S-Corp now and enjoy the double tax exemption.

Form Limited Liability Corporation - LLC

Acquire a legal qualification to conduct your business in another state by registering a foreign Entity LLC. Cannabis Cardpay provides: • Preparation of foreign qualification documents • Certificate of Good Standing • Registered agent service • Name availability search

Certificate of Good Standing

Is your company fully compliant with the state formation laws? A Certificate of Good Standing helps business entities to prove their authorization to do business in the state. A certificate of good standing allows you to: • Open a new bank account • Process official business transactions • File in new states • Sell the business

Sales Tax Id Number

Is your business required to collect sales tax? A sales tax ID is required to apply and collect sales tax. Sales Tax is applied on all rentals, leases, and retail sales. As a business owner, it is your responsibility to apply for Sales Tax Id Number whether you start a new business or buy an existing one.

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