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Yes, every year UK companies must report their income to Her Majesty's Revenue and Customs (HMRC) and pay the appropriate taxes.

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How long does incorporation last. Ten years ago I went through with the process of incorporation. Before I could make use of my new company a better job came along. Do I still have a corp.?

Corporate entities are perpetual; they do not expire unless the by-laws of the corporation proclaim that it will when the company is organized. This question would be best referred to an appropriate state agency where the corp was created since corporations are organized under state law (and laws vary from state to state). Most states require that an annual report be filed by the corporation along with a filing fee. Failure to do so could result in your corporate charter being revoked/voided (which effectively ends the legal standing of the company). Revoked corporations can probably pay back fees and file past reports in order to have the charter reinstated. You should contact either the Secretary of State or the Division of Tax/Finance in the state of incorporation to find specific detail on your corp.


What is the least amount of interest that a bank reports to the IRS?

I think it is $10.00 because my son got a 1099 form from the bank for a little over S10.00, while my mother-in-law did not get one for $9.50. There is no minimum by law


Why is it important to complete and correctly record financial documents?

Businesses are required by law to do so, for tax purposes and economic transparency (is the company you do business with, a financially healthy company?). If you don't comply with the law, you are liable and you can get fined.


How many days should credit cards companies give you to pay you statement?

Most states require twelve days between the time a company mails you the statement and the time your payment must be in their office. Some require as much as 21 days. The catch is that the law pertains to where the company is, not where you live. The reality though is that in today's world, you can see you statement daily on the internet and you can pay the same day online. Autopay is still an option that exists too. Being late means you are using your card for more then you should be,


What is the liabilities of director in company law?

Liabilities of directors in public companies when directors are 2 ?

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When did Annual Bulletin - Comparative Law Bureau - end?

Annual Bulletin - Comparative Law Bureau - ended in 1933.


When was Annual Bulletin - Comparative Law Bureau - created?

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Does a tractor trailer drive have to wear a safety vest while driving?

By law, no. Company policies might require it, however.


Does the president have to make a yearly state of the union address?

He is not required by law to do so, but custom and precedent pretty well dictate that he do it. It is a great opportunity to speak to the nation and all of Congress to set out his program for the year as well as to review the state of the union. He is required by the Constitution to report to Congress on the state of union from time to time but no annual address is specified.