Alter Ego Definition
Alter Ego
DEFINITION
Alternative self, different from the person, but the same person. Along with registering a new company, comes responsibilities of separating yourself from the company. Your business is no longer a company, if it's an "Alter Ego". Not maintaining your new Corporation or LLC as a separate entity, you are open to litigation.
In layman's terms, it's just you.
- Federal Tax ID
- Business checking account
- Business license
- Federal Tax Returns
- State Tax Returns
- Personal Tax Returns
- Secretary of State fees
- Registered Agent fees
- Meetings and resolutions
- Annual Company Meetings
- Bylaws and operating agreements
- Issue stocks and membership certificates
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