District of Columbia Subfranchise Agreement

State:
Multi-State
Control #:
US-2-03-3-STP
Format:
Word; 
Rich Text
Instant download

Description

The subfranchisor grants to the subfranchisee a sublicense to use and display certain trademarks in connection with the operation of one restaurant at the location described in the agreement.
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FAQ

A business is exempt if more than 80% of gross income is derived from personal services rendered by the members of the entity and capital is not a material income-producing factor. A trade, business or professional organization that by law, customs or ethics cannot be incorporated is exempt.

The District of Columbia (D.C.) is classified as a non-registration state.

Do I have to file a DC income tax return? You must file a DC tax return if: You were a resident of the District of Columbia and you were required to file a federal tax return.

The unincorporated business franchise tax (Form D-30) must be filed by any D.C. business that is unincorporated, which includes partnerships, sole proprietorships, and joint ventures, so long as such a business derives rental income or any other income from D.C. sources in excess of $12,000 per year.

Washington State is a franchise registration state. Before offering or selling a franchise in Washington, you must register your FDD with the Securities Division of the Washington State Department of Financial Institutions.

D.C. Franchise Taxes The tax applies to certain LLC, Partnership and Individuals and is filed on Form D-30. Taxpayers are subject to tax at a rate of 8.25% on net profits, with a minimum tax due of $250.

D.C. Franchise Taxes The tax applies to certain LLC, Partnership and Individuals and is filed on Form D-30. Taxpayers are subject to tax at a rate of 8.25% on net profits, with a minimum tax due of $250.

Franchise registration states include California, Maryland, Michigan, Minnesota, New York, and North Dakota. Franchise filing states include Connecticut, Florida, Kentucky, South Carolina, and South Dakota.

Franchising is regulated by the Federal Trade Commission and by state laws. As a franchisor, you are required to provide accurate, detailed disclosures to prospective franchisees so they can make informed decisions about your franchise offer.

Virginia is a franchise registration state. Before offering or selling a franchise in Virginia franchisors must register and file their FDD with the Virginia State Corporation Commission. Virginia's franchise law, known as the Virginia Retail Franchising Act, Section 13.1-557, et. seq.

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District of Columbia Subfranchise Agreement