| Entity Name: | 786 MAGIC PETROLEUM INC |
| Jurisdiction: | FLORIDA |
| Filing Type: |
Domestic Profit
786 MAGIC PETROLEUM INC is structured as a Domestic Profit Corporation, which, in Florida signifies a Profit Corporation (also known as a C-Corporation). This business structure is recognized as a separate legal entity from its owners. This offers shareholders the benefit of limited liability protection, safeguarding their personal assets from the corporation's debts and obligations, and facilitates raising capital through the issuance of stock. In Florida, Domestic Profit Corporations are governed by Title XXXVI, Chapter 607, Florida Statutes – Florida Business Corporation Act. |
| Status: |
Inactive
The business entity is inactive. This status may signal operational issues or voluntary closure, raising concerns about the business's ability to repay loans and requiring careful risk assessment by lenders. |
| Date Filed: | 05 Jul 2018 (7 years ago) |
| Date of dissolution: | 27 Sep 2019 (5 years ago) |
| Last Event: | ADMIN DISSOLUTION FOR ANNUAL REPORT |
| Event Date Filed: | 27 Sep 2019 (5 years ago) |
| Document Number: | P18000058893 |
| Address: | 5051 EDGEWATER DR, ORLANDO, FL, 32810, US |
| Mail Address: | 2320 E FLETCHER AVE, TAMPA, FL, 33612, US |
| ZIP code: | 32810 |
| County: | Orange |
| Place of Formation: | FLORIDA |
| Name | Role | Address |
|---|---|---|
| FAROOQ UMAR | President | 2320 E FLETCHER AVE, TAMPA, FL, 33612 |
| FAROOQ UMAR | Agent | 5051 EDGEWATER DR, ORLANDO, FL, 32810 |
| Event Type | Filed Date | Value | Description |
|---|---|---|---|
| ADMIN DISSOLUTION FOR ANNUAL REPORT | 2019-09-27 | - | - |
| Name | Date |
|---|---|
| Domestic Profit | 2018-07-05 |
Date of last update: 01 Mar 2025
Sources: Florida Department of State
