Sole Proprietorships definition

Sole Proprietorships. If the firm’s name is the same as the sole proprietor’s name, nothing is required. Out-of-State Firms: All Out-of-State Firms – A foreign vendor is defined as any vendor who has not incorporated within the State of Illinois. A Guide For Qualifying Foreign Corporations, published by the Secretary of State, will answer your questions on how to qualify your Corporation/LLC to do business in Illinois. Please direct your questions to the Illinois Secretary of State. STATE BOARD OF ELECTIONS CERTIFICATION REQUIRED (30 ILCS 500/20-160) Any firm or individual business owner must make the certification below. Not-for-profits are not required to register. NOTE: If you do $50,000 worth of business annually with the State of Illinois, including the state universities, you are required to register with the State Board of Elections and obtain from them a certificate confirming your registration. Responses to Invitations for Bid, Requests for Proposals, Requests for Information, and all other types of procurement solicitations are included in the calculation of this $50,000 annual amount, whether you receive a resulting award or not. If you do less than $50,000 worth of business annually, you may be exempt from the registration requirement. Please refer to the State Board of Elections website (xxx.xxxxxxxxx.xx.xxx) for more specific information on whether you are required to register or not. CERTIFICATION: You must check the box that applies to you: The bidder certifies that: ☐ It is not required to register as a business entity with the State Board of Elections pursuant to Section 20-160 of the Procurement Code. ☐ It has registered as a business entity with the State Board of Elections pursuant to Section 20-160 of the Procurement Code and it acknowledges a continuing duty to update its registration. The bidder also acknowledges that any contracts entered into with bidder are voidable by the University if bidder fails to comply with the requirements of Section 20-160 of the Procurement Code.
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Sole Proprietorships. If the firm’s name is the same as the sole proprietor’s name, nothing is required. Out-of-State Firms: All Out-of-State Firms – A foreign vendor is defined as any vendor who has not incorporated within the State of Illinois. A Guide for Qualifying Foreign Corporations, published by the Secretary of State, will answer your questions on how to qualify your Corporation/LLC to do business in Illinois. Please direct your questions to the Illinois Secretary of State. STATE BOARD OF ELECTIONS CERTIFICATION REQUIRED (30 ILCS 500/20-160) Any firm or individual business owner must make the certification below. Not-for-profits are not required to register. NOTE: If you do $50,000 worth of business annually with the State of Illinois, including the state universities, you are required to register with the State Board of Elections and obtain from them a certificate confirming your registration. Responses to Invitations for Bid, Requests for Proposals, Requests for Information, and all other types of procurement solicitations are included in the calculation of this $50,000 annual amount, whether you receive a resulting award or not. If you do less than $50,000 worth of business annually, you may be exempt from the registration requirement. Please refer to the State Board of Elections website (xxx.xxxxxxxxx.xx.xxx) for more specific information on whether you are required to register or not. GOVERNING LAW: This contract shall be governed and construed in accordance with the laws of the State of Illinois.
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Examples of Sole Proprietorships in a sentence

  • If signature authority has been delegated by any required principal (as cited above) to another official, (i.e., the Office Manager, the Comptroller, the Sales Manager, etc.), a copy of the resolution (for corporations) or power of attorney (for Partnerships and Sole Proprietorships) signed by the required principal delegating that signature authority to that specific individual must be provided prior to execution of the Contract.

  • For Sole Proprietorships: The signature of the Owner is required.

  • Option 5 – Not-for-Profit EntitiesComplete Step 2, Option B.Option 6 – Sole Proprietorships Skip to Step 3.

  • If a Contractor is part of a Joint Venture and one or more of the Sole Proprietorships, Partnerships, Limited Liability companies or Corporations comprising the Joint Venture is a registered SBE, the actual payments made to the Joint Venture for work performed by the SBE member, will be applied toward the Contract SBE goal.

  • Proof of Lawful Presence For Sole Proprietorships and Partnerships: If the business entity is a sole proprietorship or partnership, pursuant to Section 208.009, RSMo., each sole proprietor and each general partner shall provide affirmative proof of lawful presence in the United States.

  • Firms, other than Sole Proprietorships and General Partnerships, shall be registered with the Office of the Iowa Secretary of State.

  • Person’s Name Construction CompanyDates of Person’s Participation with Company For Firms That Are Sole Proprietorships: 1a.

  • Sole Proprietorships and Joint Ventures:• Obtain a Federal employer identification number.• Register with the New Mexico Taxation and Revenue Department and obtain a tax identification number to report gross receipts taxes.

  • Person’s Name Construction CompanyDates of Person’s Participationwith Company For Firms That Are Sole Proprietorships: 1a.

  • Self-Employed Retirement Plans (Partnerships and Sole Proprietorships) that are qualified and non-discriminatory, and which include 70% or more of the employees, are reimbursable.

Related to Sole Proprietorships

  • Sole proprietorship means a form of business in which one person owns all the assets of the business, in contrast to a partnership or corporation.

  • Sole proprietor means any individual, not a corporation, who is trading under his own name, or under an assumed or fictitious name pursuant to the provisions of §§ 59.1-69 through 59.1-76 of the Code of Virginia.

  • Unincorporated means the area outside of the incorporated area of a city or town.

  • Resident unincorporated business entity means an unincorporated business entity having an office or place of business within the Municipality.

  • Joint Venture means any joint venture entity, whether a company, unincorporated firm, undertaking, association, joint venture or partnership or any other entity.

  • Company Joint Venture means any corporation or other entity (including partnership, limited liability company and other business association) that is not a Company Subsidiary and in which the Company or one or more Company Subsidiaries owns an equity interest (other than equity interests held for passive investment purposes which are less than 5% of any class of the outstanding voting securities or other equity of any such entity).

  • Nonresident unincorporated business entity means an unincorporated business entity not having an office or place of business within the Municipality.

  • Partnerships is defined in the Recitals of this Agreement.

  • Manager-managed limited liability company means a limited liability company that is managed by

  • Passive NFE Under the CRS a “Passive NFE” means any NFE that is not an Active NFE. An Investment Entity located in a Non-Participating Jurisdiction and managed by another Financial Institution is also treated as a Passive NFE for purposes of the CRS.

  • Joint Venture Entity means any Joint Venture, any Wholly-Owned Subsidiary of a Joint Venture or any JV Subsidiary.

  • Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.

  • consortium or joint venture means an association of persons for the purpose of combining their expertise, property, capital, efforts, skill and knowledge in an activity for the execution of a contract;

  • Proprietor means a Person with an ownership or managerial interest in a business. An ownership interest shall be deemed to exist when a Person has a ten percent (10%) or greater interest in the stock, assets, or income of a business other than the sole interest of security for debt. A managerial interest shall be deemed to exist when a Person can or does have or share ultimate control over the day-to-day operations of a business.

  • Other entity means any association or legal entity, other than a domestic or foreign corporation, organized to conduct business, including, but not limited to, a partnership, limited partnership, limited liability partnership, limited liability company, joint venture, joint stock company, business trust, statutory trust and real estate investment trust.

  • Limited liability company means a limited liability company formed under Chapter 1705 of the Ohio Revised Code or under the laws of another state.

  • Passive NFFE means any NFFE that is not (i) an Active NFFE, or (ii) a withholding foreign partnership or withholding foreign trust pursuant to relevant U.S. Treasury Regulations.

  • Organiser means the Hong Kong Trade Development Council, which as promoter and organiser, is responsible for the regulation and control of all aspects of the Exhibition.

  • Partnership has the meaning set forth in the Preamble.

  • registered proprietor , in relation to a trade mark, means the person for the time being entered in the register as proprietor of the trade mark;

  • Joint Venture (JV means an association with or without a legal personality distinct from that of its members, of more than one Consultant where one member has the authority to conduct all business for and on behalf of any and all the members of the JV, and where the members of the JV are jointly and severally liable to the Procuring Entity for the performance of the Contract.

  • Joint Venturers means Xxxxxxx Mining Limited a company incorporated in the State of Western Australia and its successors, permitted assigns and appointees;

  • Joint Venture Agreements means, collectively any agreement which establishes a Joint Venture and any governing documents related thereto.

  • juridical person means any legal entity duly constituted or otherwise organised under applicable law, whether for profit or otherwise, and whether privately-owned or governmentally-owned, including any corporation, trust, partnership, joint venture, sole proprietorship or association;

  • Not-for-Profit Organization means a nonprofit corporation as defined in ORS 307.130.

  • Permitted Joint Ventures means one or more joint ventures formed (a) by the contribution of some or all of the assets of the Company’s or a Permitted Affiliate Parent’s business solutions division pursuant to a Business Division Transaction to a joint venture formed by the Company, a Permitted Affiliate Parent or any of the Restricted Subsidiaries with one or more joint venturers and/or (b) for the purposes of network and/or infrastructure sharing with one or more joint venturers.