Copyright. (Name of the business)
Yes. The holders of the joint account are equal stake holders in the account and a legal order to receive payment from one of the account holders is enough to withdraw/take funds from a joint account.
Gumasta License acts as evidence of your legal entity and grants you the authority to do business in the State of Maharashtra. A business bank account is necessary for every company that wants to take payments from clients, and to open a business bank account, the majority of institutions require the Gumasta license as identification.
yes
The only way to cash a check that large might be to take it to a bank and open a business account, or you may be able to deposit into a personal account. If it is for payment to a business, opening a business account might be your only choice.
If it is a joint account. probably not.
To effectively start a business from the ground up?
no
When one makes a deposit into a Wells Fargo account before the cut-off time on the current business day, the amount will be credited to the account on that same business day. If it was deposited after the cut-off, or on a non-business day, the amount will not be credited to the account until the next business day.
Funds typically take 1-3 business days to settle in a Charles Schwab account.
A legal guardian is required to take care of all aspects of the children in question. (Within legal limits) Underage children should have a bank account, it should be a joint account or similar to protect the children and the legal guardian would be the person to do this.
No, this is called embezzlement.
As a business owner, you may be paid a salary, or you might take a draw as an owner. How you receive money from the business depends on the type of business. If you are an owner of a sole proprietor business, you can take a draw from the business for personal expenses. This draw is not a deductible business expense; it's just money you take from profits (assuming there are profits!) to pay personal bills. When you take a draw, you should write a check to yourself from the business checking account and deposit it in your personal checking account.