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corporation articles

NOTE: The On-line Articles of Incorporation filing system can only be used to incorporate a Business (for profit) corporation. Not for Profit corporations cannot be filed using this system. Not for Profit corporations cannot be filed using this system. Jun 22,  · Articles of incorporation refers to a set of formal documents filed with a government body to legally document the creation of a corporation. Articles of incorporation must contain pertinent. Articles of incorporation, also referred to as the certificate of incorporation or the corporate charter, are a document or charter that establishes the existence of a corporation in the United States and Canada. They generally are filed with the Secretary of State or other company registrar.


Articles of Incorporation


A corporation is a legal entity that is separate and distinct from its owners. All kinds of businesses around the world use corporations. Some corporations do business under their names and also under business names, such as Alphabet Inc. A corporation is created when it is incorporated by a group of shareholders who have ownership of the corporation, represented by their holding of common stockto pursue a common goal, corporation articles.

A corporation's goals can be for-profit or not, corporation articles, as with charities. Shareholders, as owners of a percentage of the corporation, are only responsible for the payment of their shares to the company's treasury upon issuance. A corporation can have a single shareholder or several.

With publicly traded corporations, there are often thousands of shareholders. Corporations are created and regulated under corporate laws in their jurisdictions of residence.

In the United States, the corporation articles common type of corporation is a C Corporation. The process for forming a corporation varies according to the state you do business in and the state you live in. For the most part, you'll need to file articles of incorporation with corporation articles state, corporation articles, and then issue stock to the company's corporation articles. The shareholders will elect the board of directors in an annual meeting.

The board of directors executes the corporation's business plan and must take all corporation articles means to do so.

Some tax statutes also provide for the personal liabilities of the board of directors. When the corporation has reached its objectives, its legal life can be terminated using a process called liquidation or winding up, corporation articles.

Essentially, a company appoints a liquidator who sells the corporation's assets, then the company pays any creditors and gives any remaining assets to the shareholders. The liquidation process can be voluntary or involuntary.

If it is involuntary, the creditors of an insolvent corporation usually trigger it, corporation articles, and this may lead to the bankruptcy of the corporation. How To Start A Business. Trading Basic Education. Your Money. Personal Finance, corporation articles.

Your Practice. Popular Courses. Login Newsletters. What Is a Corporation? The Creation of a Corporation. Becoming a Corporation. The Day-to-Day Operations of a Corporation. Key Takeaways Corporations are often considered "legal persons. Corporations are mot always for profit. Compare Investment Accounts. The offers that appear in this table are corporation articles partnerships from which Investopedia receives compensation.

Related Terms Understanding Incorporation Incorporation is the legal process used to form a corporate entity or company. A corporation is a separate legal entity from its owners. Understanding Companies A company is a legal entity formed by a group of individuals to engage in and operate a business enterprise.

How C Corporations Work A C corporation is a corporation in which the owners or shareholders, are taxed separately from the entity. Domestic Corporation Definition A domestic corporation is a company that conducts its affairs in its home country—or in the state in which it was incorporated, corporation articles.

How De Jure Corporations Work A de jure corporation is a business that has fulfilled its requirements for formation according to state charter regulations.

Fiduciary A fiduciary is a person who acts on behalf of another person or persons to manage assets. Partner Links. Related Articles.

 

LARA - Corporation Forms

 

corporation articles

 

The following documents pertain to forming a Nevada Corporation or Qualifying as a Foreign (Non-Nevada) Corporation. Online filing of Articles of Incorporation is currently only allowed for Domestic Chapter 78 Corporations. Corporation: A corporation is a legal entity that is separate and distinct from its owners. Corporations enjoy most of the rights and responsibilities that an individual possesses; that is, a. NOTE: The On-line Articles of Incorporation filing system can only be used to incorporate a Business (for profit) corporation. Not for Profit corporations cannot be filed using this system. Not for Profit corporations cannot be filed using this system.