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Each business came into existence with incorporation/formation of an company LLC or another type of business entity.

In order to form an corporation the following steps must be completed:

1. Choose an available business name that complies with corporation rules of the state where company in going to be incorporated.

2. Appoint the initial directors.

3.File articles of incorporation, and pay a filing fee.

4. Create corporate "bylaws,".

5. Hold the first meeting of the board of directors.

6. Issue stock certificates to the initial owners (shareholders) of the corporation.

7. Obtain any licenses and permits that are required for your business.

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12y ago
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Q: How did business come into existence?
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