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A virtual corporation (S corporation or LLC) may be required to maintain a registered agent with a physical address but it can be started, operated and terminated without any of the principals ever being in each other's physical presence. Global Healthcare Marketing and Communications, LLC (Global HMC) is an example of a virtual corporation ...
A virtual limited liability company (VLLC) is a type of legal entity that does not require a physical presence or in-person board meetings. The company type was first legalised in Vermont , USA in 2008 [1] and in 2010 the Icelandic Modern Media Initiative began drafting legislation based on the Vermont law which would allow virtual companies in ...
Virtual business model. A virtual business model is a way to organize a startup company . In the virtual company, the utilization of the financial resources can be optimized with cost-effective product development as a result. This business model is defined using several criteria; the company has a limited number of employees; the management ...
Virtual mailbox. A virtual mailbox is a service that receives physical mail on behalf of the addressee and usually scans the outside of the mail. [1] Some providers also scan the inside contents of the mail as well. These scans may be photos, PDFs, or text-searchable PDFs. Reasons for using virtual mailboxes may include accepting mail from ...
Commercial mail receiving agency. Within the United States, a commercial mail receiving agency (CMRA) is a private business that accepts mail from the Postal Service on behalf of third parties. [1] A CMRA may also be colloquially known as a mail drop. [2] A mailbox at a CMRA is called a private mailbox (PMB). [1]
Virtual office. A virtual office is part of the flexible workspace industry that provides businesses with any combination of services, space and/or technology, without those businesses bearing the capital expenses of owning or leasing a traditional office. A virtual office can be used by entrepreneurs, freelancers, and small businesses that do ...
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