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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.
1,040 Questions
Perpetuate used in a sentence?
Q: Why does President Obama continue to perpetuate the myth that the rich pay less in taxes?
A: To mislead and confuse the general electorate. Twenty percent of of $1M is a larger number than 30% of $250k. On a flat tax rate, where everyone pays 9%, the same rules would apply. So, the "rich" do pay considerably more in taxes than the middle and low income wage earners.
AccordinG to company act 1956 what is certificate of incorporation?
In a layman's words i reply,the certificate of incorporation is one which u licence to operate legitimate business functions in form of a company
File the appropriate documentation with the secretary of state to create a corporation, which is recognized as a person for most purposes.
Choosing to incorporate a business offers the owner or owners a number of legal protections as well as financial benefits. A corporation is legally a separate entity, meaning that people can start a business without putting their assets at risk if the company fails. In addition, there are some financial perks reserved for corporations that individuals working as self-employed professionals cannot enjoy.
- Definition
A corporation is a legal entity that is used solely for business purposes. It cannot be used for personal reasons, such as getting credit cards to buy personal gifts and vacations.
Can one business invest company money into another business?
A corporation is often referred to as an 'artificial person.' Thus, speaking in general terms only, a corporation can do whatever an individual person can do. In principle (although this might vary from jurisdiction to jurisdiction), there is no general prohibition against a corporation investing in another corporation, in the same way that there is no general principle against an individual person investing in a corporation. For legal advice in any such matter, however, please consult a lawyer.
Who were the Irish empresarios?
John McMullen and James McGloin who founded San Patricio
James Power and James Hewetson who founded Refugio
Those are the famous ones anyway, im sure there are more.
What is an action over indemnity buyback clause?
The action over indemnity buyback clause states that property may still be acquired by previous owner by paying a certain amount plus penalties and charges. A specific time frame is given to buy the property back before it will be up for auction.
What is service process types?
3 types of Service Process:
1 Professional Service
2 Service shops
3 Mass services
Can articles of incorporation ever be amended?
Yes, you can amend articles of incorporation by filing an amendment with the secretary of states office.
What is the difference between FAR 12 and FAR 15?
FAR 12 is the accusation of commercial items, while FAR 15 is contracting by negotiation. FAR stands for Federal Acquisition Regulation.
Gesellschaft mit beschränkter Haftung (COMPANY WITH LIMITED LIABILITY) I HOPE THIS HELPS, Ross Thew Oman.
What is outside date in contract?
The date by which if the contract is not in effect, it becomes null and void.
Can you dissolve your partnership if you have signed a contract?
I'm not sure what the contract is. If the contract is between the partners, then they can mutually agree to void the contract. No problem. If the contract is between the partners and a third party, then it still stands, and must be honored by all partners, regardless of their participation.
Is it illegal to tape record a non profit membership meeting in MA?
In MA it is illegal to record ANY person's voice without their permission, including video surveillance for security purposes. It is a violation of the so-called "wiretapping" law, as courts have interpreted them.
Can an established business be incorporated?
A corporation is legally a separate entity with its own identity. So Incorporating is like a birth of a new company. The existing company is presumably a DBA or John Doe, doing business as..... The assets, customer lists, employees and operations can be transferred to the newly incorporated business. A professional accountant may help with setting up the beginning accounting system.
Therefore any existing company can be incorporated at any time. This will necessitate opening a new bank account to operate business. If there is a single owner and an EIN has been issued to pay payroll taxes it may be attached or used in the newly formed corporation.
The newly formed corporation may or may not take on the warranty, obligations and debts of the prior company as desired by the owner/creatorzperiodz
Which industry has the NAICS Code 321991?
NAICS 321991 applies to (Manufactured Home (Mobile Home) Manufacturing).
Shares are like little pieces of a company. Each person who owns a share of a company gets some benefit from it and is entitled to be kept informed about the status of the company. In some cases shareholders may also vote on company officers and board members.
Consult with an attorney before doing anything like this with your personal residence. At the very least it removes you from being able to do things with the home that you would normally be capable of, as the resident owners, It subjects the home to the rules of corporate law as spelled ou in your state's statutes governing corporations.
What special provisions must be included in the articles of incorporation?
Totally depends on the laws of the jurisdiction.
The Federal government agency that regulates everything to do with shareholders and stocks is called the Securities and Exchange Commission. The Securities and Exchange Commission is made up of appointed officials.
In the signature block what does ITS mean?
"ITS", or "Its" is part of a document's signature block and follows the company name and person's signature. Eg: ABC Company, By: [signature], Its: [Title of person].
