Incorporation

Incorporation is the act of selling out shares of a company to generate revenue. Questions about incorporating, companies that are or will incorporate, or companies that are already incorporated can be asked here.

2,444 Questions
Business Plans
Incorporation

How do you conduct gap analysis?

Start Here

http://www.state.nd.us/ea/teams/dt/st/current.html#csa

http://www.ttuhsc.edu/sop/ContinuingEd/hipaa/Gen_GapAnalysis_Remediation.doc

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Contract Law
Incorporation
Legal Documents

What are the essential elements of a contract of sale?

That depends on several factors. Sales of goods (products movable upon delivery) are governed by the Uniform Commercial Code (UCC) in practically all jurisdictions in the United States. Assuming that you are speaking about a contract for sale, the required elements are an offer, clear and certain in its terms including an objective intention to be bound by the promisor, and an acceptance of a mirror image of the promise, as well as consideration for the promise. Under the UCC, parties forming a contract have a duty to negotiate in good faith so terms can be added and taken out without consideration; however for the initial bargain there must be a consideration. Consideration is a bargained for exchange between the parties. Essentially it means a promise for a promise where each party takes a detriment in exchange for a benefit from the opposing party. An simple example of this can be expressed in a sale of baseball cards. I offer to sell you my deck of baseball cards for $400.00. You accept my offer. The consideration for the sale is that I take the detriment of losing my baseball cards in exchange for the benefit of your $400.00. You take the detriment of losing $400.00 in exchange for the benefit of my baseball cards. Contracts for sale can also be governed under the Statute of Frauds. Sales for goods over $500.00 must be evidenced by a writing signed by the party to be charged. Note, this does not mean the contract for sale must be in writing, there just must be a written documentation of the agreement that lists the terms that may be traced back to the other party. A receipt will do nicely.

Essentially:

Offer

Acceptance

Consideration

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Symbols for Stocks Mutual Funds and ETFs
Incorporation
Applebee's Neighborhood Grill and Bar

What is the ticker symbol for Tyco International?

The ticker symbol for Tyco International is TYC and it is traded on the New York Stock Exchange. Tyco International should not be confused with Tyco Toys, a division of Mattel.

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Incorporation

Full form of llc?

The fullform of LLC is

Limited Liability Company

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Incorporation

The corporate charter sometimes is known as?

Articles of incorporation

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Law & Legal Issues
Civil Lawsuits
Incorporation

Can a dissolved corporation sue someone for payment?

If you had a debt with a corporation, then it was an asset (like a building, chair, computer, company car, etc). At the time of dissolution, the corporation sold its assets, including debts owed to it. You legally owe the agency or assigns that purchased your obligation.

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Incorporation

What you mean by llc?

A Limited Liability Company, or an LLC, is a relatively new business structure, that first appeared in Wyoming in 1977, and is now recognized by every State's statute and the IRS. An LLC is neither a partnership nor a corporation, but a distinct type of business structure that offers an alternative to those two traditional entities by combining the corporate advantages of limited liability with the advantages of pass-through taxation usually associated with partnerships.

Limited Liability Companies are becoming more and more popular, and it is easy to see why. In addition to combining the best features of partnerships and corporations, LLCs avoid the main disadvantages of both of those business structures. Limited liability companies are much more flexible and require less ongoing paperwork than corporations to maintain them, while avoiding the dangers of personal liability that come with the partnership. Some examples of famous LLCs may surprise you - both Amazon and Chrysler are organized as limited liability companies.

Ownership of an LLC Owners of an LLC are called "members". Since most states do not restrict ownership, members may be individuals, corporations, and other LLCs - domestic or foreign. LLCs can generally have an unlimited number of members. Most states also permit, so-called, "single member" LLCs, those having only one owner.

Members in an LLC are analogous to partners in a partnership or shareholders in a corporation, depending on how the LLC is managed. A member will more closely resemble a shareholder if an LLC chooses to be managed by a manager or several managers, because then those members who are not managers will not participate in day-to-day management of the company. If an LLC does not choose to utilize managers, then the members will closely resemble partners because they will have a direct say in the decision-making of the company.

Single- vs. Multiple-Member LLC An LLC owner by more than one individual or entity is called a Multiple-Member LLC. All states also permit Single-Member LLCs - those having only one owner (member). By default, a Single-Member LLC is taxed as a sole proprietorship (in other words, treated as "disregarded entity" by the IRS), while a Multiple-Member LLC by default is taxed as a partnership.

Advantages of Forming LLC LLC is a relatively new type of business structure that combines the best features of the corporation with those of the sole proprietorship or partnership. An LLC has many advantages and benefits which cannot be enjoyed together in any other type of business.

Personal Liability Protection: An LLC is an entity separate from its owners. Being a legally distinct entity, the personal assets of each owner (such as a home, a car or a personal bank account) are not reachable by business creditors. An LLC member's liability is generally limited to the amount of money that person has invested in the LLC. Thus, LLC members are offered the same limited liability protection as the shareholders in a corporation. What Is Limited Liability and Why It Is Important?

Tax Advantage: LLCs allow for pass-through taxation, and that advantage is one of the biggest reasons for the recent popularity of the LLCs. Pass-through taxation means that earnings of an LLC are taxed only once, basically being treated like the earnings from a partnership, a sole proprietorship or an S-Corporation. While neither partnerships nor sole proprietorships also offer limited liability protection, an S-Corporation comes the closest to an LLC. However, an S-Corporation is a much more restrictive business structure that is harder to maintain. The Surprising Tax Advantages Of Starting An LLC Ease of Transfer: With an LLC it is easy to sell the ownership interests to third parties without disrupting the continued operation of the business. As a comparison, selling interests in a sole proprietorship or general partnership requires much more time and effort. An owner must individually transfer assets, business licenses, bank accounts, permits and other legal documentation. Ownership transfers in S-Corporations are also burdened with many restrictions. No Ownership Restrictions: LLCs have no restriction on the number or types of owners. By comparison, S-Corporations cannot have more than 100 stockholders, and each must be a resident or a citizen of the United States. None of these restrictions apply to an LLC. Easier to Raise Capital: LLCs allow for many ways to raise capital. An LLC can admit new members by selling membership interests or even create a new class of members with different voting or profit-sharing characteristics. Greater Credibility: As a registered LLC, a business will enjoy legitimacy and greater credibility when dealing with other companies, banks and potential partners or investors than would, for example, a sole proprietor. An LLC is recognized as a legitimate company and not as an individual engaging in business.

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Incorporation

How old are the members of pierce the veil?

Oldest to Youngest

Vic Fuentes -February 10, 1983 (29yrs)

Mike Fuentes -December 14, 1984 (29yrs)

Jaime Preciado -May 17, 1982 (26yrs)

Tony Perry -February 25, 1982 (26yrs)

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Business Plans
Incorporation

Example of feasibility study for a new business venture?

686970
Incorporation

What is allotment of shares?

The process where by a company issues its shares to those who have submitted a written application on those shares.

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Investing and Financial Markets
Income Taxes
Tax Audits
Incorporation

What are the tax consequences of owning a master limited partnership?

Assuming you mean owning a share in a master limited partnership (MLP)as an investor, he short answer is: you get tax-deferred income on a quarterly basis, and pay income tax on your share of partnership income, which is usually far smaller than the distribution. The long anwer: the important thing about an MLP, or any partnership, is pass-through taxation. That is, an MLP does not pay an entity level tax the way a corporation does. Rather, the partners--that is you and the other unitholders--are allocated their proportionate shares of all tax items, net them out, and pay the tax on the resulting taxable income. So, you will be allocated a share of the partnership's income, its depreciation deductions, etc. All this is on paper--you don't actually receive an amount equal to your share of income. You do, however, receive a quarterly distribution, which is like a dividend, except that it is treated differently for tax purposes. Because the partnership doesn't pay a tax, it can pay out more of its income to you in case than a corporation typically can. Instead of being taxed currently, the distribution is subtracted from your basis in your partnership units. When you sell your units, your taxable gain is the difference between your sales price and your adjusted basis, so the tax on the distributions is collected then. While the distributions lower your basis, your share of taxable income and other things increase it, and so it takes longer than you might think to get your basis to zero. If you ever do get to zero, the distributions would become taxable. For more information, visit the website of the MLPs' trade association, the National Association of Publicly Traded Partnerships (http://www.naptp.org)...the answer is being submitted by its executive director.

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Business & Finance
Small Business and Entrepreneurship
Incorporation

What is the meaning of INC in business corporations?

INC is short for incorporated. Incorporated means that the business is formed into a legal corporation.

A corporation is an association of individuals created under authority of law, having a continuous existence independent of the existences of its members.

(dictionary.com)

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Incorporation

What is family corporation?

A family corporation is a business whose stock is held by the majority of one related family. Walmart is a great example of a family corporation.

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Companies
Business and Industry
Technology
Incorporation

Which corporation owns cnet?

CNet Networks Inc. is the cnet's mother company which was acquired by CBS interactive (owned by CBS Corporation). Thus, CBS Interactive partly owns Cnet.com.

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Incorporation

In a limited liability company members are barred from participating in its management?

hi My name is Mohammad Shafi student of Kardan University in Afghanistan my question is about the liability of members I confuse it much If you answer me will be your bless best regards

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Small Business and Entrepreneurship
Incorporation
Startup Finance

Where can you find sample business plans for opening an automotive dealership?

Up and down, up and down... That's the best way to describe the highly cyclical auto sales industry. Find the right niche and you could be well on your way to success. Here are some links to sample business plans to help guide you: * http://www.referenceforbusiness.com/business-plans/Business-Plans-Volume-07/Auto-Sales-Company.html * http://www.referenceforbusiness.com/business-plans/Business-Plans-Volume-04/Automotive-Dealer-Group.html * http://www.referenceforbusiness.com/business-plans/Business-Plans-Volume-06/Used-Car-Business-Business-Plan.html

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Incorporation

Federal regulatory agency often used by rail companies to stabilize the industry and prevent ruinous competition?

Federal Comerce Commission

636465
Incorporation
Lapidary Crafting and Jewelry Making

What is the NAICS code for the jewelry and precious metal industry?

339911

636465
Business Finance
Incorporation
Mergers and Acquisitions

What is crossborder merger?

A cross-border merger is a transaction in which the assets and operation of two firms belonging to or registered in two different countries are combined to establish a new legal entity. In a cross-border acquisition, the control of assets and operations is transferred from a local to a foreign company, with the former becoming an affiliate of the latter.

636465
Business & Finance
Pennsylvania
Incorporation
Websites

Who owns devine builders llc?

www.devinehomes.cc

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Intellectual Property
Labor and Employment Law
Business Law
Pakistan
Incorporation

What are the importance of business law for a pakistan's student?

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Estates
Business Law
Incorporation

Can a not for profit corporation create a trust fund?

Yes, and in some cases that is the only thing they create, as a mechanism for holding and distributing donations to other charitable causes.

YES. Trust should have a holder and a beneficiary. In this case, the non-profit corporation is the trustee. The beneficiary may be designated by the corporation.

616263
Definitions
Incorporation

What is a corporation?

A corporation is a legal entity registered with the state in which it is formed. A corporation is owned by stockholders (the people who buy shares of stock issued by the corporation). The stock of a public corporation can be purchased by anyone through the stock exchange where the corporation is listed. This is simple. It is an economical society of pupils/ adults, working together as a cooperation team.

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Law & Legal Issues
Small Business and Entrepreneurship
Incorporation

An example of selective incorporation can be found in the case of?

Some Amendments applied to the States by Amendment XIV.

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Incorporation
Project Management
Public Speaking

Sample script of an emcee in opening the event?

Welcome everyone. We're going to have a fun time tonight, so we're happy you could join us. To ge the evening started off right, we're going to...

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