New Jersey Business Amendments are changes to the New Jersey Business Corporation Act that are designed to help protect business owners and shareholders. These amendments include changes to the formation of a business, such as the ability to form a corporation online; changes to the operating agreement, such as the ability to create an independent dispute resolution mechanism; and changes to shareholder rights and duties, such as the ability to limit the liability of shareholders. Other types of New Jersey Business Amendments include changes to the management of the company, including the ability to have a board of directors; the ability to set up and manage employee benefit plans; and the ability to issue and redeem shares.
New Jersey Business Amendments
State:
New Jersey
Control #:
NJ-SKU-0682
Format:
PDF
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Business Amendments
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FAQ
The required ongoing costs for a New Jersey LLC will be $75 per year for your Annual Report. New Jersey Minimum Partner Tax (2 or more Members): If you have a Multi-Member LLC (2 or more Members) you must also pay a minimum partner tax of $150 per Member (per year).
You can file the L-102 form, also known as a certificate of amendment, to amend the certificate of formation. In addition, you can file one of several forms found in the New Jersey Business Registration Packet. Both the L-102 and packet are available on the state's Division of Revenue website.
You may amend your certificate of formation by filing form L-102, Certificate of Amendment. This amendment form is available on the division of revenue website (see link below) or in your online account when you sign up for registered agent service with Northwest.
Go to njportal.com/dor/annualreports and select ?Close a Business.? Businesses that choose to complete a paper application must submit all of the following: Appropriate dissolution/withdrawal/cancellation form.
Certificate of Amendment This form may be used to amend a Certificate of Formation of a Limited Liability Company on file with the Department of the Treasury. Applicants must insure strict compliance with NJSA 42, the New Jersey Limited Liability Act, and insure that all applicable filing requirements are met.
To add (change, remove, etc) members to a NJ LLC one would need to file Amendment of Articles of Organization with the New Jersey Division of Revenue. And yes, corporations can be members of LLC as long as the LLC is not elected to be taxed as S-Corp.
A member of a NJ LLC is deemed to be a legal representative of the company and to his or her co-members. There are no legal restrictions on who can become a member of an LLC. A person becomes a member in ance with the terms of either a membership agreement or an operating agreement.
Running a Business with Operations in New Jersey Employees or independent contractors provide services to clients in New Jersey. Ownership of property in New Jersey, including inventory housed in a 3rd party warehouse in New Jersey.