Is that a thing in the US? You start a company and there's no need to register it with the government? Or it gets registered but there's no public records of it?
All companies are registered. They have to be registered to be legal entities, have bank accounts, and comply with tax laws.
Private companies don’t need to publicly divulge a lot, though. It’s between the company and their investors. It’s only once a company wants to trade publicly that they have to provide a lot of public details and financials.
You don’t have to register a general partnership as long as it has one of the partners’ last name in the partnership name, although I guess you have to get an EIN to file partnership taxes.
A sole proprietorship doesn’t have to register anything ever at all.
A company can be a sole proprietership or partnership without registering with anyone, but in this case in most states they must either conduct business in the owners/partners names or register a DBA with the state(s) they are doing business in. (the rules are state specific, and I think there are some states that don't do kr require DBA registration). In most cases, a company with billions invested in it will be formed as a formal entity such as an LLC or Corporation in a state. Again, the specifics vary from state to state. If you knew the legal name of this entity, and what syate it was registered in, you could probably look up when it was registered in that state.
However, details like owners and organizers aren't always Available.
It gets further complicated with Series LLCs.
Congress passed a law that would have required "beneficial ownership" registration with law enforcement (FinCen), however, this registration would not have been public.
Further, it was found unconstitutional and enforcement of the registration requirement indefinitely suspended.
In general, if you are doing business in a state under a name or entiry other than your own legal name, you will be required to file something with the state, and that filing will include a registered agent where legal process can be served on the business, and this information will be public.
But if they aren't doing business publicly yet, no one will know the name of the business, so they can't look it up! It sounds like the name mentioned in the article may just be a code name.
You can basically form a corporate entity with a nominal Delaware office, but it doesn't need to give any details about where the actual work takes place, yeah.
There are thousands of companies registered every day across the US. This one is probably a subdivision of a subdivision of some holding company owned by Bezos. Pretty much impossible to track using just public data.
Aurornis|3 months ago
Private companies don’t need to publicly divulge a lot, though. It’s between the company and their investors. It’s only once a company wants to trade publicly that they have to provide a lot of public details and financials.
trollbridge|3 months ago
A sole proprietorship doesn’t have to register anything ever at all.
limagnolia|3 months ago
However, details like owners and organizers aren't always Available.
It gets further complicated with Series LLCs.
Congress passed a law that would have required "beneficial ownership" registration with law enforcement (FinCen), however, this registration would not have been public.
Further, it was found unconstitutional and enforcement of the registration requirement indefinitely suspended.
In general, if you are doing business in a state under a name or entiry other than your own legal name, you will be required to file something with the state, and that filing will include a registered agent where legal process can be served on the business, and this information will be public.
But if they aren't doing business publicly yet, no one will know the name of the business, so they can't look it up! It sounds like the name mentioned in the article may just be a code name.
dmux|3 months ago
nicole_express|3 months ago
reactordev|3 months ago
paxys|3 months ago
trollbridge|3 months ago