eckert seamans business in pennsylvania

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Detailed description of establishing businesses in the US state of Pennsylvania, legal alternatives

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  • aguidetodoingbusinessinPennsylvania

    Pittsburgh600 Grant Street, 44th FloorPittsburgh, PA 15219(412) 566.6000

    Harrisburg213 Market Street, 8th FloorHarrisburg, PA 17101(717) 237.6000

    PhiladelphiaTwo Liberty Place, 22nd Floor50 South 16th StreetPhiladelphia, PA 19102(215) 851.8400

    SouthpointeSummit Corporate CenterSuite 2001001 Corporate DriveCanonsburg, PA 15317(724) 873.2870

    www.eckertseamans.com

    Prepared by

  • Legal Guide to DoingBusiness in Pennsylvania

    TABLEOF CONTENTSDISCLAIMER................................................................................................................................1

    MESSAGEFROMECKERTSEAMANSCEO...................................................................................2

    CHOICEOFENTITY......................................................................................................................3

    Introduction....................................................................................................... 3

    BusinessCorporation..............................................................................................................3

    Partnerships............................................................................................................................6

    GeneralPartnerships................................................................................................. 6

    LimitedPartnerships...............................................................................................................7LimitedLiabilityPartnerships..................................................................................................8

    ForeignLimitedLiabilityPartnerships....................................................................................9

    LimitedLiabilityCompanies....................................................................................................9

    SummaryTable.....................................................................................................................11

    FOREIGNENTITIES........................................................................................................ 12

    FILINGINFORMATION...............................................................................................................13COVENANTSNOTTOCOMPETE................................................................................................14

    CONTRACTSINTENTTOBELEGALLYBOUND........................................................................16

    CONFESSIONSOFJUDGMENT...................................................................................................17

    TAXATION..................................................................................................................................18

    CorporateNetIncomeTax....................................................................................................18

    CapitalStock/FranchiseTax..................................................................................................20

    Sales&UseTax.....................................................................................................................21

    RealtyTransferTax...............................................................................................................24PersonalIncomeTax.............................................................................................................25

    REALESTATE..............................................................................................................................27

    TypesofEstatesinRealProperty.........................................................................................27OwnershipofRealProperty.................................................................................................27

    LocalPractice........................................................................................................................27

  • Legal Guide to DoingBusiness in Pennsylvania

    Deeds....................................................................................................................................28

    RecordingandRealtyTransferTax.......................................................................................29

    PurchaseandSalesAgreements...........................................................................................31

    Mortgages.............................................................................................................................31

    MechanicsLienLaw.............................................................................................................32

    Leasing..................................................................................................................................33

    TitleInsurance.......................................................................................................................34

    FormsofAcknowledgement............................................................................. 35

    FormofCertificateofResidence..........................................................................................37LABOR........................................................................................................................................38

    EqualEmploymentOpportunity...........................................................................................38

    ConsiderationofCriminalRecords.......................................................................................38

    MedicalExams......................................................................................................................38

    TermsandConditionsofEmployment.................................................................................39

    TerminationofEmployment............................................................................. 40

    MiscellaneousStatutes...................................................................................... 40

    INTELLECTUALPROPERTY.........................................................................................................42

    TradeSecretLaw...................................................................................................................42

    TrademarksandServiceMarks.............................................................................................43

    TradeNames/FictitiousNames ......................................................................... 45

    EmployeeInventions.............................................................................................................46

    EmployeeConfidentiality......................................................................................................47

    RightofPublicity...................................................................................................................47

    FranchisesandBusinessOpportunities................................................................................48

    USEFULREFERENCES.................................................................................................................49

    BUSINESSINCENTIVES..............................................................................................................51

  • 1 Legal Guide to DoingBusiness in Pennsylvania

    DISCLAIMERTheinformationcontainedintheattachedsummaryisintendedasageneraldiscussionofcertainlegaltopicsasconsideredunderPennsylvanialaw.Assuch,thediscussiondoesnotattempttocovertheexceptionsornuancesofstatelawandshouldnotbereliedupontocoveralllawsapplicabletoanyparticularfactualsituation.UsersareencouragedtoseekPennsylvaniacounseltoassistinspecificmatters.

    EckertSeamansCherin&Mellott,LLC

  • 2 Legal Guide to DoingBusiness in Pennsylvania

    MESSAGEFROMECKERTSEAMANSCEODearLegalGuideReader:TheLegalGuidetoDoingBusinessinPennsylvaniaisintendedasanoverviewofthelawsoftheCommonwealthofPennsylvaniaforcompaniesandindividualsdoingbusinessintheKeystoneState.

    EckertSeamansCherin&Mellott,LLCpridesitselfonbeingabletodeliversuperiorlegalservicesthroughoutPennsylvania.Thefirmwasfoundedin1958bynineattorneyspracticinginPittsburgh.Todaythefirmhasmorethan250attorneyswithfourofficesinPennsylvania;over350attorneysandtenofficesfirmwidethatserviceclientsrangingfromstartupstotheFortune500.

    EckertSeamansisproudofitsaffiliationandactiveparticipationwithLexMundiandinvitesitsfellowmemberstocalluponitforassistancewhentheneedarises.Ifyouhaveaquestionorwouldliketocontactthefirm,thefollowingattorneyscaneitheransweryourquestionsorputyouintouchwiththeappropriateperson:

    Litigation ChrisOpalinski 412.566.1904 copalinski@eckertseamans.comCorporate JohnPauciulo 215.851.8480 jpauciulo@eckertseamans.comLabor JohnMyers 412.566.5900 jmyers@eckertseamans.comHospitality TimHudak 412.566.2584 thudak@eckertseamans.comEstatesandTrusts JackMeck 412.566.1916 jmeck@eckertseamans.comRealEstate JimPellow 412.566.1986 jpellow@eckertseamans.comTradeRegulation DaleHershey 412.566.6058 dhershey@eckertseamans.comIntellectualProperty DaveRadack 412.566.6777 dradack@eckertseamans.comTrademarks RobertaJacobs

    Meadway215.851.8522 rjacobsmeadway@eckertseamans.

    comTax RayVogliano 412.566.6994 rvogliano@eckertseamans.comRegulatoryAffairs LoudonHap

    Campbell717.237.6028 lcampbell@eckertseamans.com

    WehopeyoufindtheinformationcontainedinthisGuideusefulinyourpractice.Sincerely,

    TimothyP.RyanChiefExecutiveOfficer

  • 3 Legal Guide to DoingBusiness in Pennsylvania

    CHOICEOFENTITYIntroductionUnderPennsylvanialaw,varioustypesofentitiesmaybeformedandusedtoconductbusiness,including(1)businesscorporations,(2