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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
Does a co-operative have limited liability?
Limited liability means that owners of a corporation or members of a cooperative are not personally responsible for the debts the company incurs. It also means that if the company should do something that's against the law, the owners or members can't be held personally responsible.
Which of these is not a responsibility of a corporation's board of directors?
enforcing laws regarding stocks and bonds
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)
Is the government bond the same as the fixed income securities?
Fixed Income Securities are investments in which the income or interest earning is fixed and can be predicted accurately. Bonds & Debt Mutual funds would come under Fixed Income Securities.
Government Bonds are also one among the many Fixed Income Securities available for us to invest.
Where can someone find information about Limited Liability Companies?
Information about Limited Liability Companies can be found on sites like Nolo. Government websites also have information about these companies and the laws that are involved in setting up and running a Limited Liability Company since the laws vary from place to place.
Legal reasoning is the way a judge convinces people of their integrity. It refers to the way existing laws are interpreted. Legal reasoning is how judges and lawyers talk about the law publicly.
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Do you own your incorporation?
One does not own an incorporation. Incorporation is the process by which a corporation is created. In fact, one does not really own a corporation either. One may own shares issued by a corporation, perhaps even all of the shares, but ownership of even all the shares of a corporation does not mean that you own the corporation. Ownership of shares of a corporation merely gives you certain rights. These include the right to vote in the election of directors and the right to receive any dividends. A corporation exists independently from the shareholders, and is often referred to as an artificial person.
What type of company structure might be best for a hairdresser to have?
Sole proprietorship or partnership.
You do not see too many hair grooming corporations.
Is it legal to make someone work while sick?
It depends on how sick they are and what the job is. If it is a small cold then you shouldn't have to miss work. If you have a Fever or if you're on medication for being Ill then you should stay home. It all depends really on the job.
Legal responsibilities in sharing and storing information with an organization?
The organization has a legal responsibility to keep your information secure. If they don't and you are harmed as a result, you may have the right to sue the company.
What are the advantages of the contract act accuring to business persons?
lode ne kaha tatte se teri maa ki choot or gaan mara jaake k raand ki aulad chal bhen k lode chootiye jab teri chooot main mera loda jaayega to tujhe dard hoga kitna lekin ye bhi to soch raand ki aulad mujhe maja aayega kitna tujhe chodne main.
Thanx
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When does a corporation exist?
A corporation exists when a company comes from being owned by a single person, to being owned partially to whoever buys stocks in it. The company will basically sell itself out to the public, which can cause problems with the stockholders wanting more and more growth in the company. A lot of the time an incorporated company will treat it's employees worse and give them lower wages because of this.
Long Term Capital Gain TAx. Profit arising from holding shares and securities more than one year can get exemption on LTCG tax. for reference see Capital Gain Tax
Is it possible to register a DBA and under that create an LLC or Corporation?
Your question wording doesn't really make sense.
However, let me see if I can sign some light on this for you. A DBA is simply put a name for your business that is federal and state recognized. With that being said a DBA is not a type of business structure.
For Example let's say your DBA is : John Smith
The DBA is owned by an legal entity called: John Smith
Now the entity John Smith can be a person (sole proprietor), an LLC, a corporation, a partnership, etc.
Therefore, you could present yourself as the following: My name is Will Tucker I represent John Smith a legal entity doing business as (DBA) John Smith.
Now a corporation can also have its own unique name and do business as a complete separate name .
Therefore, it would be xyz company doing business as (DBA) abc company
Certificate of Incorporation, Board Acceptance?
This is the approval of the Certificate of Incorporation.
Resolved that the Certificate of Incorporation of the Corporation, which has been presented and reviewed by each director of the Corporation, and which was received and filed in the office of the Secretary of the State in the state of incorporation, shall be, and is hereby approved, a copy of it shall be inserted in the minute book of the corporation.
The Directors hereby sign and approve this resolution,
_________________ ___________________ ___________________
Each Director Signs
_________________
Date
Certificate of Incorporation, Approval by BoardReview List
This review list is provided to help you complete the formalities required to set up your corporation properly. This document is intended to memorialize this transaction through the unanimous approval by the Board of Directors.
1. Make sure that the document is signed by all the directors of the corporation.
2. Keep the signed document with all the important corporate papers for your corporation such as in your corporate minute book. Also, keep a copy of this document with the backup copies of your corporate documents in your file kept at your office or home.
3. Remember that keeping good corporate records, or formalities, in a timely manner will server you well in most corporate disputes, especially any regarding governance and the personal liabilities of any Directors or Officers. In this litigious world, this is no small matter.
Can a business use inc. in its name if its not incorporated?
No, you cannot. The statutes of every U.S. State prohibit a non-incorporated business from using any of the four corporate name types: corporation, incorporated, inc. or corp.
They also prohibit corporations from using LLC or Limited Liability Company in their names for the same reason. To prevent confusion.
If you had an organization named James LLC, Inc., is it an LLC or a corporation?
What is a GU DUNS Number and what is a LOCAL DUNS Number what is the difference between these two?
GU stands for Global Ultimate D-U-N-S® Number, which belongs to a business's international parent company. The local D&B D-U-N-S® Number would refer to the branch or local affiliate of the parent company.
What are some examples of small business?
A grocery, bakeshop, or restaurant could all be small businesses.
Why is it that on a W9 form a business that is an LLC cannot file as Other and write in LLC?
As of Rev. October 2007 IRS Form W-9 has a check box for Limited liability company in addition to Individual/Sole proprietor, Corporation, and Partnership. The tax classification options on Form W-9 for an LLC are D (disregard entity), C (corporation), and P (partnership).
If the form you're filling out does not have these choices go to http://www.irs.gov to download the latest Form W-9.
This is not to be considered legal or tax advice. Please visit the website of the Internal Revenue Service for further information.
