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What to consider when determining where to file an out-of-state entity

Forming an Entity Outside of NC

Tt may make sense for a North Carolina resident in some specific situations to charter an entity in another state, but for most small businesses, the extra complexity and costs are a deal-killer.

Add additional operational safety measures to your company toolbox to prevent piercing the corporate veil.

Having an Entity is Not Enough

,Generally speaking, if an entity is properly formed, properly maintained and properly capitalized, the founders of a corporation or LLC (an entity) risk only their initial capital contribution.