4191237 - 4191239

aeb@aeb.com.sa

maryland franchise registration

The Maryland extension of the registration period is similar to the provisions in the California and New York franchise laws allowing registered franchisors to … Rosenberg International Franchise Center 10 Garrison Ave. Durham, NH 03824. The franchise tax is applied to public service companies such as gas, electric, and telephone for the privilege of doing business in Maryland. COVID-19 has thrown much of the world, including … Amendment Fee: $100. Scope. You have until "on or before" the expiration date to renew. If you are a resident of or desire to locate a franchise in one of these states, we will not offer you a franchise until we have complied with the applicable pre-sale registration and disclosure requirements of your state, including providing you our state-specific Franchise Disclosure Document. The following states have franchise laws that require that the Franchise Disclosure Document be registered or filed with the states, or be exempt from registration: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. The fee for an initial registration is $400, and annual renewal costs between $200-300 depending on whether renewal requires amendment of the disclosure documents. One included registration to the National Restaurant Association Show. The registration fee is $675. No franchise registration law is enacted. Office of the Secretary of State, Franchise Division. Customer Service Promise. The following forms are taken from the Franchise Act Rules, 14 Ill.Admin.Code Part 200 and the North American Securities Administrators Association, Inc. ("NASAA") 2008 Franchise Registration and Disclosure Guidelines. The registration requirements are: Private monthly roundtable with RB editors. Scope. Matthew Kreutzer Some local real property assessment offices have limited public access, so please contact your local office for more information. The FDD filing fee is $400 and this fee applies to each submission and application to the State of Wisconsin whether your filing is an initial registration, annual renewal or update. Securities. This is an online course for soon to be franchise owners, franchise company employees, franchisees and consultants. DIVISION OF SECURITIES, Title 02. Pursuant to Ind. Generally the franchise registration states require amendments to be filed sometime between the occurrence of the material change and 30 days after the end of the quarter. Sole Proprietorships, General Partnerships. The Indiana Securities Commissioner announced on April 7, 2020, that “any franchise registration that was set to expire between March 16, 2020, and May 31, 2020, is automatically extended to June 30, 2020.” Maryland. Franchise. Licensing and Registration Mailing Address. A blog on state registration financial assurance options. According to the Maryland Department of Assessment and Taxation, the four most common business structures are the sole proprietorship, partnership, corporation and limited liability company.Each … The Maryland Register is an official publication of the State of Maryland, The Register serves as the temporary supplement to the Code of Maryland Regulations (COMAR). Fill Out The Notice Of Exemption Under The Maryland Franchise Registration And Disclosure Law - Maryland Online And Print It Out For Free. Under the FTC Franchise Rule, an amended FDD must be prepared within a reasonable time after the close of each fiscal quarter in which a material change occurred. Registration and renewal processes need to be completed correctly, and the terms of agreements must fit with state and federal guidelines. FDD with the Securities Division of the Maryland Attorney General’s Office. The Commissioner shall consider the factors set forth in this regulation in any determination as to whether a franchisee is required to pay a franchise fee, as defined in the Maryland Franchise Law, Business Regulation Article, § 14-201(g), Annotated Code of Maryland… Maryland, where Burgerim has sold seven franchises, suspended the burger chain's franchise registration after saying the company's franchise disclosure document is incomplete and does not disclose that the company has hired insolvency counsel and a … 2008 Franchise Registration and Disclosure Guidelines. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. Write or call: Securities Commissioner, Office of the Attorney General, 200 Saint Paul Place, Baltimore, Maryland 21202-2020, (410) 576-6360. It is for information purposes only. (See Rule 310.122.1) Renewal (31121) A franchisor who has previously registered a franchise may renew the registration for an additional period before the expiration of the registration. An offer is made only by Franchise Disclosure Document (FDD). Please use the Securities Online Portal to submit your required forms, documents and/or annual financials. NOTICE OF EXEMPTION UNDER THE MARYLAND FRANCHISE REGISTRATION AND DISCLOSURE LAW Pursuant to COMAR 02.02.08.10 This Notice of Exemption shall be accompanied by a filing fee of $250.00 payable by check to: Office of the Attorney General. Filing of Request. To learn more about registering your franchise in Wisconsin and how we can help get your FDD registered, give us a call at (718) 979-8688 or contact us. is the world’s most innovative donut and ice cream concept and home of the SMASH Donut! Next, each franchiser doing business in Maryland must register with the State. North Dakota Franchise Investment Law ("NDFIL") Section 51-19, North Dakota Century Code ("NDCC").Any person or company that intends to offer or sell franchises (a "franchisor") within North Dakota or to North Dakota residents must register its franchise disclosure with the Securities Department. At any time after the submission of a registration statement and upon a finding that it is necessary and appropriate for the protection of prospective franchisees or subfranchisors, the Commissioner may require a franchisor to escrow franchise fees and other funds paid by a franchisee or subfranchisor until the franchisor's obligations under the offering … A. For purposes of this chapter and of the Maryland Franchise Registration and Disclosure Law, Business Regulation Article, Title 14, Subtitle 2, Annotated Code of Maryland, the following terms have the meanings indicated. Registration required § 13.1-561 Procedure for registration; bond; renewal; fee § 13.1-561.1 Fees to cover expense of regulation § 13.1-562 Revocation of or refusal to renew registration § 13.1-563 Unlawful offers § 13.1-564 Unlawful cancellation of franchise; undue influence § 13.1-565 Voidable franchises § 13.1-566 335 Merchant Street, Suite 205, Honolulu, Hawaii 96813. Maryland: Extension of deadlines for franchise renewal registrations and exemptions that expire during the “Coronavirus State of Emergency” (announced on March 5, 2020) for 30 days after the end of “Coronavirus State of Emergency” issued by the Governor of the State of Maryland. Code § 23-2-2.5-24, the Indiana Secretary of State must be listed as the Franchisor’s Agent for Service of Process. 1. Franchisors must submit several documents when applying for franchise registration. Phone: 410-260-7980 from Central Maryland or toll-free 1-800-638-2937 from elsewhere in Maryland E-mail: att@marylandtaxes.gov. City Wide Franchise. Ongoing amendments and renewals are reviewed by the Franchise Examiner who was You may visit the Attorney General’s website at www.oag.state.md.us; franchise information may be found under “Securities.”. BASIC TRACK SESSION #3: THE REGISTRATION PROCESS FOR OFFERING AND SELLING FRANCHISES . 14-201 through 14-233). Change your business address or trade name Unlimited access to premium content. Franchise Registration $500 Renewal Franchise Registration $250 Indiana Securities Division. It also receives approximately 240-250 exemption filings each year. Step 1 Form the Legal Entity for Your Business with the Maryland Department of Assessments & Taxation. Sec. Registration is required, with a recommended filing time of 90 days. Form F-1 Is Often Used In Maryland Attorney General, Maryland Legal Forms And United States Legal Forms. Separately, the Maryland Securities Division has also stated that franchise registration applications may be filed on CD-ROM alone, rather than on both CD-ROM and paper. ILLINOIS FRANCHISE DISCLOSURE ACT. About Maryland Franchise Registration. This form is being filed to claim the following exemption from the registration requirements of the Maryland Franchise … The Securities Portal is the easy, fast and secure way to connect with the. The Maryland Franchise Registration and Disclosure Law (“MD Franchise Law”), Section 14-201, defines a franchise as “an oral or written agreement in which: 1) a purchaser is granted the right to engage in the business of offering, selling or distributing goods or services under a marketing plan or system … Maryland Franchise Agreement Amendment. For information about registration requirements for legal entities, contact: State Department of Assessments and Taxation (SDAT) Corporate Charter Division. Wednesday, August 24th, 2011. If your LLC is taxed as a corporation you'll need to pay this tax. (317) 232-6681. If no stop order is in effect, a franchise registration application is effective on the 30 th business day after filing the application. RB All-Access. Documents to be submitted to comply with Maryland franchise law and registration … Business Registration Division. Holmes v. Coverall N. DFR Telework for Employees As of Friday, the vast majority of our department staff was directed to work remotely from home. Maryland: A franchisor cannot offer or sell franchises until it receives a permit letter from the state. According to the state, “allowing franchisors to file notices of … 02.02.08.01. Vehicle Registration Renewals. Initial Fee: $400. Complaint Form. Maryland is a little different from other states in that they do not have Secretary of State Agency. Eight registration states (California, Hawaii, Maryland, Michigan, New York, Rhode Island, Washington, and Wisconsin) provide an exemption from registration for … Employer Withholding Forms. Registration of Franchises. Registration requires the franchiser to file a disclosure document, called a prospectus, which contains important information describing the franchise. Maryland. Maryland: Extension of deadlines for franchise renewal registrations and exemptions that expire during the “Coronavirus State of Emergency” (announced on March 5, 2020) for 30 days after the end of “Coronavirus State of Emergency” issued by the Governor of the State of Maryland. 4. Please do not submit a renewal for a franchise more than 30 days prior to the current expiration date. Apply for an Employer Identification Number (EIN) online at the Website of the Internal Revenue Service. Maryland. The new procedure goes into effect on March 1st. Email: SDAT.charterhelp@maryland.gov. March 16, 2020; Georgia. Any claims arising under the Maryland Franchise Registration and Disclosure Laws must be brought within 3 years after the grant of the Franchise. A franchise attorney could help explain applicable Indiana franchise laws and registration provisions and work to ensure compliance on an ongoing basis. Under the Franchise Registration and Disclosure Law, any person or company intending to offer or sell franchises within Maryland or to Maryland residents must register the offering with the Division (Code Business Regulation Article, secs. I. Overview - Securing State Franchise Registration Fourteen (14) states impose some form of registration obligation on a franchisor. BUS-FIN Declaration of Final Business Activity: Used to Close a Business Registration … INITIAL REGISTRATION: For an initial franchise registration application, you will need to file the following, both on paper and on a CD-ROM, in PDF format: 1. You can pay your Maryland taxes with a … The non-refundable initial filing fee for the franchise registration is five hundred dollars ($500). Franchise, Chapter 02.02.08. The Attorney General is the chief legal officer of the State. You can pay your tax liabilities in one of several ways, request a payment arrangement or payment plan, and adjust your withholding to make sure your employer deducts enough from your paychecks. CURRENT FRANCHISE DISCLOSURE AND REGISTRATION ISSUES Moderator: Lacey Cordero Cheng Cohen LLC Chicago, Illinois Speakers: Dale Cantone Assistant Attorney General Maryland Attorney General’s Office Baltimore, Maryland Cassandra Karimi Assistant Attorney General Office of the Illinois Attorney General Springfield, Illinois Theresa Leets In recognition of the requirements of the Maryland Franchise Registration and Disclosure Law, the parties to the attached Franchise Agreement (the “Agreement”) agree as follows: 1. Franchising Basics. Extension of Franchise Registration Effective Dates because of Exigent Circumstances Created by Covid-19 . As one of several states in the United States that requires registration of franchise offerings, the Minnesota Department of Commerce, Securities Division is responsible for overseeing and maintaining the integrity of the franchise community in the State of Minnesota, it performs its mission through the registration of franchisors who wish to market and sell franchises in the State. Honolulu, HI 96813. Maryland Interpretive Opinion/No Action Position on Revision to Delivery Requirements Under Maryland Franchise Law (June 15, 2010) Wisconsin E-Filing Application Update (Dec. 17, 2009) Washington State Amends Franchise Registration Rules (Nov. 2, 2009) Registering your business with the Maryland Department of Assessments and Taxation is the first step. Individual Tax Payments. 56, § 345 et seq.) The statute SDCL 37-5B-7 does not include the need to file an amendment with the Division of Insurance-Securities Regulation. For the year 2020, Hawaii has reduced the filing fee for state registrations and annual renewals to $125. A franchisor must also give a prospective franchisee a copy of the disclosure document at least 14 calendar days before the execution of a franchise agreement. Imposition of Escrow Condition. Download Printable Form F-1 In Pdf - The Latest Version Applicable For 2021. A franchise is a legal and commercial relationship between the owner of a trademark, service mark, trade name, or advertising symbol and an individual or group wishing to use that identification in a business. Fees. such registration does not constitute approval, recommendation or endorsement by the commissioner of corporations nor a finding by the commissioner that the information provided herein is true, complete and not misleading. Franchise Information and Publications. Franchisor’s Costs and Sources of Funds; 3. --Policies of the former Franchise Act (former Art. Search Code of Maryland. This document may be used to register an offer and sale of franchises or to register a renewal statement or annual report. Medical cannabis is a natural remedy that blooms with possibilities—from providing patients with physical and psychological relief to creating innovative career paths. the Franchise Agreements in question required dispute resolution through arbitration, the mandatory Maryland state addenda to Dickey’s FDD and franchise agreement required that some disputes be resolved by state courts. 301 West Preston Street, 8th Floor. State franchise laws may occasionally apply to franchises established outside of the state. Maryland Securities Forms General. The registration and exemption dates will be extended for 30 days after the governor of Maryland declares the end of the state of emergency. June 13-19 is PROTECT Week, protecting older Americans from financial exploitation Comptroller Franchot began the annual outreach campaign four years to educate seniors, caregivers and family members about elder fraud Find out more by clicking on the "Security" menu and "Elder Financial Abuse" Download our convenient brochure filled with prevention tips, resources, and more! Minnesota Department of Commerce, Securities Division. Securities Registration You must also update your FDD and state franchise registrations whenever a “material” change occurs in the information contained in your FDD. Welcome to the Indiana Securities Portal. Minimum Business Tax, Franchise Tax or Privilege Tax. Must file … If you would like to continue receiving paper coupons you can request them by e-mailing IWANTMYWHCOUPONS@marylandtaxes.gov or you can mail your request to Comptroller of Maryland … • If the franchisor is filing an initial application that seeks to register both a unit franchise Connecticut. Peggy Shanks Office of Attorney General – Division of Securities Baltimore, Maryland . This form is used by businesses to seek registration for electronic funds transfers to file and pay Maryland income tax Withholding, Sales and Use Tax, Motor Fuel Tax, and Corporate Income Taxes. The State of Maryland pledges to provide constituents, businesses, customers, and stakeholders with friendly and courteous, timely and responsive, accurate and consistent, accessible and convenient, and truthful and transparent services. This information must also be presented annually as part of the renewal process at least fifteen business days before the one-year anniversary of the effective date of the registration. Vehicle Services Registration, Division of Motor Vehicles, Delaware. Latest version. $ 549 Annually (save 24%) or $59.99 Monthly. Attention Franchise Filers: We are going GREEN! Currently Registered Franchisors. Office of the Attorney General Securities Division State Administrator Item 17 (w) is amended to state that nothing in the General Release under Section 16.8 of the In 2021, City Wide Facility Solutions is celebrating 60 years in business, 20 years in franchising, and record-breaking $400 Million in systemwide revenue in 2020 amidst the pandemic. Terms Defined. YoNutz! Cultivating a better way of life. To access the Filing Status page, log in to Maryland Business Express, locate your business in the ‘Businesses’ tab, and select the ‘Start Annual Report/Personal Property Tax Return’ in the drop-down menu to the right. (6) "Franchise fee" has the meaning stated in the Maryland Franchise Law, Business Regulation Article, § 14-201(g), Annotated Code of Maryland. As most franchisors know, there are 14 states that require a registration of the Franchise Disclosure Document (“FDD”). On average yland receives 1,200 Mar franchise registration applications each year. Instead, the Maryland Department of Assessments & Taxation oversees business registrations for entities that regularly conduct business in Maryland. Business Registration Division – Securities | HRS Chapter 482E – Franchise Investment Law. Applications for franchise registration and annual renewals require a $250 fee and should be submitted to: Department of Commerce and Consumer Affairs. Along with their initial registration and fee, franchisors should also submit: Franchisors must submit an initial registration fee of $600. Latest version. franchise fee (per unit): $35,000; capital investment: $400,000; ... indiana, maryland, michigan, minnesota, new york, north dakota, rhode island, south dakota, virginia, washington and wisconsin require us to register the fdd or obtain an exemption in the state. Scope. Attorney General's Office, Securities Division. A request for an interpretive opinion or a no action position under the Maryland Franchise Law, Business Regulation Article, § 14-209, Annotated Code of Maryland, shall be filed with the Commissioner. … analysis shouldn’t stop there. When registration is required, franchisors must pay a $500 fee and submit the FDD with a franchise registration application form, sales agent disclosure forms, an auditor’s consent, a service of process form, and certain other required documents to the Illinois Franchise Bureau (500 S. Second Street, Springfield, IL 62706). If the annual report filing contains a material change as defined by MINNESOTA RULE 2860.2400, the filing fee of $200.00 must include an additional $100.00 amendment fee. No franchise registration is required. Franchise Disclosure Documents. Status: Franchise Filing State (annual filing) State Filing Fee: $100. Sign Up for All-Access. The Commissioner shall consider the factors set forth in this regulation in any determination as to whether a business relationship is a franchise as defined in the Maryland Franchise Law, Business Regulation Article, §14-201 (e), Annotated Code of Maryland. franchise, the franchisor may continue to combine both offerings in one FDD under one registration. The Division emails or sends automated phone registration renewal notices to each vehicle owner that has supplied DMV with an email address or phone number 90, 60, and 30 days before a vehicle's registration … For example, the Maryland Franchise Registration and Disclosure law applies when the prospective franchisee is a resident in the state; when . Section 02.02.08.03 - Franchise Fee A. Item 17 of the Disclosure Document is amended to state that the general release required as a condition of renewal, sale and/or assignment/transfer shall not apply to any liability under the Maryland Franchise Registration and Disclosure Law. Telephone: 410-767-1340. Franchisors in California planning to sell franchises in the state must fulfill the state’s registration requirements and provide the proper franchise disclosure documents to both the California government and the potential franchisee. Businesses are often confronted with customers who wish to make purchases tax free, either because they intend to resell the item and charge the sales tax or because they are making a purchase for an organization possessing a tax exempt card issued by the State Comptroller's Office. Review: Ratchet & Clank: Rift Apart doesn’t reinvent the franchise—and that’s OK A solid entry in a solid series, at least when it gets out of its own way. The document also contains a certification statement. In states with a filing vs. registration status, there is usually some kind of specific law governing how business opportunities are offered and sold within the state, but not franchise-specific rules. Businesses may also need to register for sales tax and withholding and unemployment tax accounts with the … Financial Assurances NDCC Section 51-19-07 - The Commissioner will require one form of financial assurances for those initial startup franchise registrations that submit unaudited opening balance statements. The Act requires that franchisors and franchisees pay an annual registration fee, as determined by the Board and the Department of Commerce, to cover the cost of regulation. Order Granting Relief From Fingerprint Filing Requirements; Vermont. Kyle Orland - Jun 8, 2021 2:00 pm UTC Note: This material can be made available for individuals with special needs. It’s quick and easy! The Franchise Section of the Securities Division is located at 1511 Pontiac Avenue, Building 69-2, Cranston, RI, 02920. The Franchise is calculated in part as a percentage (2%) of the gross receipts derived from business in Maryland. Franchise Registration and Disclosure Chapter 02.02.08. $1.50 for each $1,000 or major fraction thereof up to $300,000 of capital employed in Louisiana, and $3 for each $1,000 or major fraction thereof in excess of $300,000 of capital employed in Louisiana. For more details, check Nolo's article, 50-State Guide to Business Income Tax, or the Comptroller website. Franchise Renewal Fee: $200. Uniform Franchise Consent to Service of Process (checking the “Maryland Securities Initial Registration. Franchisors may send or deliver franchise registration materials to the Franchise Section, Office of the Attorney General, G. Mennen Williams Building, 525 W. Ottawa Street, Lansing, MI 48909. Office of the Attorney General, Code of Maryland Regulations. The Commissioner shall consider the factors set forth in this regulation in any determination as to whether a franchisee is required to pay a franchise fee, as defined in the Maryland Franchise Law, Business Regulation Article, § 14-201(g), Annotated Code of Maryland… (410) 576-6360. The Definition of “Franchise Fee” Under the Maryland Franchise Law. You can file your Sales and Use tax returns through our bFile system. register the offer of a franchise with the Securities Commissioner before the person offers to sell or sells a franchise in this State; and WHEREAS, under section 14-219 of the Maryland Franchise Law, unless a registration is renewed for a 1 year term as provided in the statute, a … Maryland State agency regulations are compiled in the Code of Maryland Regulations (COMAR). In Maryland, the tax generally is a flat 8.25% of net income allocable to the state. Annual Report. 14-201 through 14-233 A. B. To help protect our customers and staff from the spread of COVID-19, SDAT's public counters in Baltimore are closed to the public. Franchise Registration and Disclosure, Subtitle 02. YoNutz! Review: Ratchet & Clank: Rift Apart doesn’t reinvent the franchise—and that’s OK A solid entry in a solid series, at least when it gets out of its own way. The Commissioner shall consider the factors set forth in this regulation in any determination as to whether a business relationship is a franchise as defined in the Maryland Franchise Law, Business Regulation Article, § 14-201(e), Annotated Code of Maryland. Item 17 (v) is amended to state that you may sue in Maryland for claims arising under the Maryland Franchise Registration and Disclosure Law. Maryland State Disclosure/Registration Laws Franchise Registration and Disclosure Law Annotated Code of Maryland, Article Business Regulation, Title 14, Sec. We have been the winner of Dessert Wars 2 years in a row in addition to being featured on CNN and voted Best Dessert Shop in South Florida. Page 3 of 43 Business Licensing and Consumer Services Contact List Direct E-mail – mvablcsd@mva.maryland.gov MVA Representative Designation E-mail G Janey #-AN gjaney@mva.maryland.gov The state registration (or state approval of a franchise registration) by a state regulator essentially grants the franchisor the right to … Maryland Dealer Reassignment (Form #VR-182) - must be ordered through the Maryland Automotive Dealers Association at (410) 269-1710 or by email to mdauto@mdauto.org their website is mdauto.org Or visit the Maryland Delaware Independent Automotive Dealers Association at (410) 712-4037 or by email to www.niada.com. Updating the franchise disclosure document (FDD) in a timely fashion is often a major challenge. Franchise Form F-1 Franchisor Surety Bond Franchise Quarterly Sales Report Escrow Agreement and instructions . The State of Maryland pledges to provide constituents, businesses, customers, and stakeholders with friendly and courteous, timely and responsive, accurate and consistent, accessible and convenient, and truthful and transparent services. Comptroller of Maryland Revenue Administration Division Application for Duplicate Business License or Title Service ID (Form #CS-044) - is used to obtain a duplicate copy of a business license or a title service ID. Minnesota Franchise Registration. As most franchisors know, there are 14 states that require a registration of the Franchise Disclosure Document (“FDD”). An offer is made only by a Franchise Disclosure Document (FDD) in those jurisdictions that require it. Maryland Securities Commissioner Office of the Attorney General Securities Division 200 St. Paul Place Baltimore, MD 21202-2021. Online Verification of Maryland Tax Account Numbers. That’s why Curio Wellness is dedicated to providing Maryland patients premium medical cannabis that is safe, effective, and reliable. Section 02.02.08.17 - Interpretive Opinions A. (7) "Maryland Franchise Offering Circular (MFOC)" means a document prepared in accordance with Regulation .04 of this chapter. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Special Notice 10-01 Permanent Business Registration Certificate Information. Maryland Business Licenses. Franchise filing is a step below FDD registration. Please use the Securities Online Portal to submit your required forms, documents and/or annual financials. Department of Commerce and Consumer Affairs. B. The Order allows a franchisor whose Maryland registration is extended during this emergency period to continue to offer (but not sell) a franchise under certain conditions, if the franchisor provides to prospective Maryland offerees an updated FDD that complies with the FTC Franchise Rule. MARYLAND. March and April mean franchise registration renewal season for franchisors. For further information, please contact: Masuda Medcalf, Administrative Law Judge (801) 530-7663. The initial corporation franchise tax is $110. The Maryland Department of Assessments & Taxation (the Department) creates different reports and statistical analysis throughout the year, many of which are contained in this annual report. Include a complete clean and marked copy of the FDD if the registration has expired and the franchisor is now filing an application for registration. Nearly all charter and personal property filings can be made online, and to do so please visit Maryland Business Express' Registrations and Filings Portal to register your business, order business documents, and file annual reports and personal property tax returns.

Dayspring Customer Service, No Ordinary Dog Barnes And Noble, Charles Krug Concert Venue, Donegal Airport Flights, Baffin Island Caribou, Medical Technologist Salary Per Month,