A domestic profit corporation is one that aims to generate profits for it's shareholders more so than it's directors or officers. Shareholders have control by electing the directors and officers who run the business day to day.
domestic Profit Corporation
No, the S Corporation is a profit corporation. Whenever they make loses or profits, it is usually divided among the shareholders.
A corporation such as Microsoft tries to make as much profit as possible where as a non profit Corporation such as a hospital isn't looking to make money
Generally speaking, if a corporation is termed "domestic" it usually means that it does business in its home country. This, for example is the opposite of an international corporation that does business globally.
Yes, to take care of all the other biz which is non-givernmental n profit oriented.
Whether it is a profit or non-profit corporation can be ascertained from the company prospectus, its nature of activities,future plannings etc.
The American Red Cross is a nonprofit corporation.
A. Sole proprietorship - To make profit for the owner. B. Public corporation - To make dividends for its stockholders. C. Non-profit corporation - To benefit a special cause.
A domestic corporation is any company which conducts business solely in its home nation. Any companies that comply to this definition, would be considered domestic companies.
A domestic corporation is any company which conducts business solely in its home nation. Any companies that comply to this definition, would be considered domestic companies.
What is the difference in a domestic bca and an s corp
split it equally