Articles of Incorporation, also known as a corporate charter, are the official documents that detail a company's existence. These documents are essential for establishing a corporation in the USA and are similar to the memorandum of association formerly required in the UK.
Corporate bylaws are the internal rules set forth by a corporation to outline its governance structure, responsibilities of its officers, and operational procedures.
A corporation is a legal entity comprised of a group of individuals authorized to act as a single person, with distinct rights and liabilities from its members. This entity can hold property, carry on business, and bring legal actions in its own name.
An in-depth exploration of Government-Owned Corporations (GOCs), encompassing their historical context, categories, key events, importance, applicability, and related terms.
An essential form used by Limited Liability Companies (LLCs) to elect classification as a corporation for federal tax purposes, thus changing their default tax treatment.
Kabushiki Kaisha (KK) is a Japanese corporate entity similar to a public limited company (PLC). It is one of the most common forms of corporations in Japan, characterized by the issuance of shares and liability limited to shareholders' investments.
A comprehensive comparison between Massachusetts Trusts and Corporations, highlighting key differences, structural benefits, governance, and applicability.
A comprehensive guide to understanding the role and significance of a member of a company, including historical context, types, key events, formulas, and examples.
A Registered Agent is an individual or business appointed to receive legal documents and notices on behalf of a corporation or LLC. Explore the definition, types, role, and significance of a Registered Agent in ensuring compliance with state regulations.
A comprehensive guide to understanding Articles of Incorporation, the document that creates a private corporation according to the general corporation laws of the state.
A comprehensive guide to understanding capital contributions, their types, examples, historical context, and impact on corporation and shareholder basis.
Capital Stock refers to the amount of money or property contributed by stockholders to a corporation, comprising all classes of common and preferred stock, serving as its financial foundation.
An in-depth look at the 'Continuity of Life' characteristic in corporations, ensuring that events like death or bankruptcy of members do not dissolve the organization.
A comprehensive guide to understanding domestic corporations and partnerships, including their creation, organization, and regulations within the United States.
Understanding the different legal forms of ownership, including Corporation, S Corporation, Sole Proprietorship, Joint Venture, Limited Partnership, Partnership, Tenancy in Common, Joint Tenancy, Limited-Liability Corporation, Limited-Liability Partnership, and Real Estate Investment Trust (REIT), and the benefits and risks associated with each.
A For-Profit Corporation is an entity primarily organized with the objective of earning profits for its shareholders. This entry contrasts it with Nonprofit organizations and delves into its structure, advantages, and implications.
Incorporate refers to the act of organizing and being granted status as a corporation, including additional materials in a report, and providing a geographic area legal status.
Incorporation is the process by which a company receives a state charter allowing it to operate as a corporation. It involves legal acknowledgment and the use of 'Incorporated' or 'Inc.' in the company name.
A Principal Stockholder is a stockholder who owns a significant number of shares in a corporation. Under Securities and Exchange Commission (SEC) rules, a principal stockholder owns 10% or more of the voting stock of a registered company.
A Publicly Held Corporation, also known as a publicly traded company, is a corporation that has its common stock registered on a national stock exchange. This detailed entry explores its characteristics, types, advantages, regulations, and more.
S.A., also known as Sociedad Anonima or Société Anonyme in Spanish and French respectively, is a designation for a corporation used in many legal and business contexts. It refers to a type of business entity where shareholders are not personally liable for the company's debts.
An in-depth look at the definition and role of a Stockholder of Record, the individual or entity registered on a corporation's books as owning shares on a specified date, eligible for dividends and distributions.
Winding up is a comprehensive process involving the liquidation of a corporation, including asset collection, expense payment, creditor claims satisfaction, and distribution of net assets to shareholders. Learn about the steps, legal considerations, and comparison with liquidation.
Learn all about personal service corporations, including their definition, key features, and how taxation works in various professional fields such as accounting, law, and health services.
Learn about the Société Anonyme (S.A.), a type of business structure in France similar to a corporation in the U.S. This article covers its definition, key characteristics, legal requirements, and examples.
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