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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

Who is Salomon?

Solomon was a King of Israel around 3 thousand years ago. His father was King David, and he built a large temple in Jerusalem.

What does LS after signature mean?

L.S. is the abbreviation for the Latinism "locus sigilli", meaning the place reserved for the signatory's unique seal. Most U.S. states have abolished the need for a seal to authenticate the signature. Older documents can be found with a wax wafer melted onto the L.S., impressed with a corporate, government, or private insignia (the seal), perhaps with color-coded ribbons or strings also embedded in the wax under the seal.

How do you buy us stock your a foreigner?

If you are a foreigner and wish to buy stock in the United States, you just need to register an account with a US based stock broker. This can be done online. You will be required to submit identification such as a copy of your passport along with a signed form that will be provided by the broker. Most brokers will allow you to return the form and proof of identity by e-mail. Once your account is confirmed, you can make a deposit and start trading.

What is the difference between India Ltd and India Pvt Ltd?

It is not mandatory to name the company with "India Ltd" or "India Pvt Ltd. If the company is a Public Limited Company (i.e. the shares of the company is listed with any of the Stock exchanges in India), the Company's name shall end with "Ltd or Limited". If the shares are not listed and privately held, the company name shall end with "Pvt Ltd or Private Limited". Some companies while naming their company for their own reasons add "India" to their company name.

When the government has laissez faire economic politics what were they doing about his business?

It depends entirely on who "they" are and who "his" business belongs to. Assuming that this is a pure laissez-faire system, the government would not interfere in business activities in any way save to prosecute criminal acts, such as an employee murdering another employee. The government would not employ any regulations.

What is the difference between a non corporate shareholder and a corporate shareholder?

Corporation offering stocks ? Who can buy it ? 1- Other Corporations - Maybe Parent company to hold control 2- Individuals - make some money 3- Non corporate ? Who else remains ? .... Non-corporate means other legal forms of entities other than "corporation", like partnerships , limited liability companies .... but not individuals.

How do you get a hotel license in New York?

I have a LLc.

Now I need to get the license for B & B for NY state

pLease let me know what I need to do for here.

Can two limited companies form a partnership?

Company law Department has clarified the position regarding two companies entering into partnership in circular no. 1/81-CL-V dated 14th September 1981

A question has been raised whether an incorporated company can enter into a partnership with some other person or some other company. The matter has been examined by this department in consultation with the Department of Legal Affairs and I am directed to say that prima facie a company entering into a partnership with some other person or some other company would be ultra vires and will be against the principle that a particular company or an incorporated body cannot lawfully employ funds for purposes not authorized by its constitution which would normally be the memorandum and the articles of association. However, a company or an incorporated body, if so authorized by its constitution, can enter into partnership with an individual person or with another company irrespective of nationality and residence. This would, however, require the company to adopt very special articles since many of the provisions of the Partnership Act would be difficult to apply to such a partnership. In view of this, while considering applications for registration of firms with bodies corporate as partners under the Indian Partnership Act, 1932, the State Governments should examine the applications before them and find out whether the memorandum and articles of association of the applicant incorporated companies contain any special articles which authorise the incorporated companies to enter into partnerships and the articles also take care of the possible anomalies which have been pointed out in the Calcutta High

Court's ruling in the case of Ganga Metal Refining Company P. Ltd. v. Income-tax Commissioner West Bengal, (1968) 38 Com Cases 117 : AIR 1967 Cal 429."

In short we can say that companies can enter into partnership if they are so authorized by their memorandum of association. Otherwise company entering into a partnership with some other person or some other company would be ultra vires.

Aditya Deo

The speed limit of most freeways?

Most that I am familiar with have a maximum of 65 mph and a minimum of 45 mph.

In Ky & Tenn the speed limit is 70 mph on most Interstates and Parkways. There are exceptions so watch for posted speeds.

How do you legally take someone off a incorporation?

Resignation of Officers/Directors or in some cases Articles of Correction or Articles of Amendment. It may vary from stae to state.

Why planning is important?

why business plan is important? It is important for several reasons. If you are applying for a bank loan, trying to get an investor, or raising money in general, nobody is going to give you the time of day if you don't have your business planned out. How much money you need, what for, your purpose of business, marketing, sales strategy, profit projection, and more. Not only is a business plan designed to help you raise capitol, but it also gives you a road map so you know where you are in building your business. Would you drive across country without mapping out a route, determining the mileage, and calculating how much gas you will need and the cost? That's a business plan in a nutshell.

How do you divide a corporation?

The ideal manner of dividing a company should be with a 50/50 split. However, this is seldom the case. In many situations, there is acrimony between the principles, and a battle ensues with each side attempting to gain an advantage. Ideally, the founders should end up with 50% of the company. Employee groups, both managerial and staff should share in the rest of the 50% share.

Most freeways in the US have a maximum posted speed of?

Most that I have observed 65 MPH

Ky just moved it up to 70 on all Interstates and most other 4 lane roads. Tenn & Illinois are also 70 on most 4 lanes. Don't know about other states.

What is the difference between a company tagged as a subsidiary and a company tagged as a subsidiary undertaking?

In the UK, in a very short answer, a subsidiary undertaking would include entities other than companies. It's an accounting term essentially, used to ensure all subs of a parent company (and not just the companies) are caught in its consolidated accounts.

How do you give back shares in a corporation?

Selling the shares to someone else is one way to give the shares back to a corporation. Another way is to sell the shares back to the corporation.

How do you sue business partner for embezzlement and not paying tax?

You have to take them to court and file a lawsuit against them. The judge will decide what the punishment is and what really happened.

How do you get licensed and bonded for childcare?

To become bonded you will need to apply with a bonding company. The company will perform a background check and insure you if you pass. The licensing will be done by the association that oversees your type of work. Generally they have a competency test you must pass.

How do you write a proposal for a business to sponsor a soccer team?

A proposal to a business should be no more than two pages. You should outline specifically the exact amount you're looking to raise, what the cash is going to be used for, how many kids you're looking to help out, what the scope of the team is (national, regional, neighborhood), and what you can provide to the company (their name on your stuff, special mention on all your flyers, etc.) in exchange for the cash.

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

What 3 drafting occupations fall into drafting?

Layout Man, Drafting is very similar to another occupation for which we have a full profile.

What are the benefits of starting a business in Singapore?

There are multiple benefits of starting in business in Singapore. Singapore now becomes the Silicon Valley of Southern Asia. The rules and regulations are very familiar with the business perspective. If you want to know more benefits then read this guide at SMEQuest.

Your wife's mother died and she was a partner in a trust What happens to the partnership now Does your wife become a partner?

In principle, unless the wife was declared as a successor to her mother as partner in the trust, she would not automatically be the new partner. Successors and beneficiaries (inferior trusts) must be declared in the minutes or addenda contract's parts. A partnership is not a good way to go. However, when a partner dies, the other partner is now by him or herself. The best way is a pure trust wherein a board of managing directors exists elected by the board of trustees. When a managing director dies, nothing happens except condolences and his successor would take his or her position. grnthghs@yahoo.com can be of service at no cost.