Sina Weibo is in a different order of magnitude with 140 million users and 50 million active monthly users, Sina claims, with 10m new accounts signed up each month. Sina is hoping for significant revenue growth from Weibo in the next two years, reported China Daily late last month.
A ULC is a hybrid entity as it is treated as a corporation for Canadian tax purposes and can be treated as a flow-through or disregarded entity for US tax purposes. An ULC may be an attractive vehicle for a US investor expanding into Canada for reasons that may include:
The Uniform Commercial Code (UCC) is a series of uniform regulations designed to streamline commerce between businesses across all 50 states and various territories of the U.S. The most important UCC form small businesses are affected by is a UCC-1 form also known as a Financing Statement. A Financing Statement is filed to perfect a security interest in named collateral and establishes priority in case of debtor default or bankruptcy.