Incorporation

You should first consider your reasons for wanting to change: does your reasoning make economic and financial sense? Have you considered the tax implications of your decision?

The next step is to visit the Secretary of State's (SoS) web site where the C-corp. is incorporated. On the SoS's web site will be guidance.

You will also need to visit the IRS web site for instructions on the change-over.

You will also need documentation, at the Board of Director's level, supporting the decision to change.

This law applies to India and is from the Companies Act of 1956. Up to 10 people can exist in a partnership in a banking firm. The limit is 20 for other businesses.

The Constitutional Court is the highest decision making body in the land.

Then we have the Supreme Court of Appeal.

The High Court

The Magistrate Court

Why might it be important to structureyour business as a c-corporation, even if you are the only person running the business?

Describe a corporation's organizational structure. what are the roles of the various groups within the organizational structure?

Requirements for an LLC may vary depending on your location, but it is not very hard to file the paperwork to form an LLC. First, choose a name that is not already in use by a similar firm. Then you can file articles of organization with your state office, which will cost you between $100 and $800 depending on your state. Write an LLC operating agreement to spell out how responsibilities will be handled by the partners in the organization. Finally, check to make sure you have all the required business licenses to operate in your area. If you have any questions, you may wish to consult an attorney.

By assigning the stock in exchange for consideration.

in the US, you want an s corp if you want more personal investment in the company. c corp is more limited liability. also for s corp there is no corporate tax rate (it's the same as your personal rate) but for c corp you pay the corporate tax rate.

Yes it is a scam

Selective Incorporation has nothing to do with corporations. It's a legal doctrine related to the Supreme Court deciding whether certain parts of the Bill of Rights are held to be applicable to the states as the result of the ratification of the 14th Amendment.

Most of the first 8 amendments and the 13th Amendment are held to be applicable to the states as well as the Federal government.

Endorsement is a legal writing that refers to the signing of a document for the purpose of a negotiable transfer from one party to another. Five kinds of endorsement are: Endorsement in blank, Special endorsement, Conditional endorsement, Qualified endorsement, Restrictive endorsement.

The best way to form an LLC is to go directly to the State and bypass any 3rd party that may be trying to collect a fee. The Secretary of State should have a website where you can download an Articles of Organization which is the official form for applying for an LLC, and submit a filing fee.

The processing time can be anywhere from a few days to a month.

limited partnership

Both C Corporations and LLCs are corporate structures, yet they have a lot that differs between them. An LLC is often more appropriate for a small business, while a C Corporation is more appropriate for a medium or large business.

Whether your money can be garnished depends on the type of business you have. If you have a corporation, your personal liabilities are separate from your business liabilities, which means your corporation's bank account will not be garnished.

Depending on the jurisdiction, if an individual is doing business under an assumed name, they are required to file a fictitious business name statement in their city or county. Again, depending on the jurisdiction, this document is required to be updated (or re-registered) on an annual or semi-annual basis.

If a person is doing business as ABC Landscaping Corporation (sending out bills, creating bank accounts, entering into contracts, signing agreements, etc.) and they have not actually created a corporation (by filing Articles of Incorporation with the state), then yes, that individual can be held legally responsible for any actions that were performed using that name (ie. debt).

Articles of Incorporation is a document that is filed with a state's Department of Corporations to begin doing business as a corporation. If a company is doing business as a Limited Liability Company (or LLC) the document is called Articles of Organization. These documents create a separate legal entity so that the people doing business are protected from personal liability and allow the public to find out who notify in the event of a lawsuit.

Yes, if it elected to be treated as such.

Before Incorporation can happen, there needs to be someone creating the business. Generally, these people pay the corporation's expenses before it is incorporated.

Performance gap analysis determines where an employee can use improvement. Employees should welcome this type of assessment, so that they can be promoted in the future.

Unlimited liability for all partners.

One is really fraud where the other in not correctly stated.

Are you kidding me? The best way to deal with these idiots is to not talk to them, not give them even a shred of information to use against you. They are not going to play fair. The more you cooperate with them, the more they will take advantage of you. Don't believe a word they say. They are liars, snakes in the grass. They prey on the innocent. They called me looking for a relative that lives in Arizona. I am stationed in NC and that relative has never been here or visited. They just saw "googled" the last name and figured that they could call and harrass me and that I would gather personal information on that person for them. They have called neighbors and asked them to go leave messages for people "HARRASSMENT". If you give them your social Security #, they will attach it to someone else's debt and try to collect the debt from you even if you don't know the person. My best advice is to not cooperate at all with these crooks and scammers. If you owe a debt then pay it to whoever you owe. Don't give anything to these people. It amazes me how they get away with their scam. I wish congress would secure our information. Anybody can find out any information on anyone on the internet. So much for privacy. Congress!!!! pass some meaningful legislation for a change and outlaw the gathering of personal information for databases. You have sold out our right to privacy so someone can make a buck. Are we going to continue to stand for this? I don't know about you but it infuriates me. So much for anti terrorism. If you feel safe it is a false sense of security. The terrorist's have their own databases which are loaded with information on us gathered off the internet. The scam artists are the least of our worries. Gunnery Sergeant G USMC

Generally, yes; however, there may be restrictions on each corporation's power to vote the shares and courts may invalidate the arrangement. Section 3.02 of the American Bar Association Revised Model Business Corporation Act allows a corporation to buy shares in any other entity. However, section 7.21(b) of the Act prohibits the voting of shares held by a corporation that is itself a majority-owned subsidiary of the corporation issuing the shares. Moreover, this section does not affect the possible application of court decisions that may invalidate circular holding situations not literally within the prohibitions of the section.

public sector audit is different from private sector audit

In General No, The party that caused the accident is liable. However, If You were driving a company provided vehicle a the time of the accident, then the company may have some secondary financial liability depending on the circumstances of the accident.