This is a rider to the software/services master agreement order form. It provides that a related entity of the customer may use the software purchased from the vendor.
Colorado Related Entity
Category:
State:
Multi-State
Control #:
US-TC05082H
Format:
Word;
PDF;
Rich Text
Instant download
Description
How to fill out Related Entity?
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FAQ
Any out of state business that will have ongoing business in the State of Colorado must register with the Colorado Secretary of State. Doing business in Colorado is NOT defined by statute but commonly refers to any business with a physical location in Colorado and/or operation that will extend beyond 30 days.
A Colorado Corporation is a business formation that can be formed by one or more people by filing the formation paperwork with the Colorado Business Programs Division. The Colorado Corporation will be used for various business purposes.
Generally, LLCs are preferred by businesses that favor more flexibility, owner-managed operations, and less formal requirements. While corporations are preferred by businesses that favor set structure and are seeking outside investors.
The Colorado Limited Liability Company Act was adopted in 1990. An LLC combines the concepts of partnerships for tax purposes and corporations for liability purposes. LLCs are created by filing ?Articles of Organization? with the Secretary of State. While similar, LLCs are NOT corporations.
One of the most significant advantages of a Colorado LLC is limited personal liability. That means your personal assets are protected from any debts or liabilities of the company.
Generally, LLCs are preferred by businesses that favor more flexibility, owner-managed operations, and less formal requirements. While corporations are preferred by businesses that favor set structure and are seeking outside investors.
Colorado levies a flat 4.63% personal income tax. With the state's income tax and corporate tax being one and the same, it's kind of nice being an LLC, because you'll pay 4.63% on your LLCs profits, while the corporation will get hit with a top rate of 9.26%.
An S corporation is a corporation for which a valid election is in effect under section 1363(a) of the Internal Revenue Code. If a corporation is an S corporation for federal income tax purposes it is an S corporation for Colorado income tax purposes. S corporations are not subject to Colorado income tax.
