Corporate Governance

Is an officer of a corporation an employee? An officer of a corporation is generally an employee. However, an officer who performs no services or only minor services and who neither receives nor is entitled to receive any pay is not considered an employee. Read more on www.irs.gov Officers of a corporation play an important … Read more

Does Arizona require bylaws? Before you file your articles of incorporation, you’ll need to have bylaws that comply with Arizona law. Your bylaws contain the rules and procedures your corporation will follow for holding meetings, electing officers and directors, and taking care of other corporate formalities required in Arizona. Read more on www.nolo.com All nonprofit … Read more

What are 3 characteristics of a corporation? Characteristics of Corporations Separate Legal Existence. Continuous Life. Ability to Acquire Capital. Transferability. Limited Liability. Government Regulations. Taxation. Governance and Management. Read more on courses.lumenlearning.com A form of business entity that is distinct from its owners or shareholders is a corporation. It is a distinct legal person who … Read more

In North America, Uline is a prominent distributor of industrial, transportation, and packaging supplies. The business provides a wide range of products to companies of all kinds, from little start-ups to enormous conglomerates. Since Uline is a privately held business, neither its shareholders nor the general public receive its financial reports. Instead, Richard and Liz … Read more

What can be a registered office? The registered office is the address to which government bodies ? primarily Companies House and HMRC, but possibly also other agencies ? may address official communications, notices and reminders relating to the company. Read more on www.informdirect.co.uk A firm is obliged by law to maintain a registered office at … Read more

What does a corporate kit include? A corporate kit is usually a binder that contains the Corporation’s important documents, such as the corporation meeting minutes plus the corporate seal. It sometimes contains stock certificates, bylaws, and the articles of incorporation. Read more on www.blumberg.com A corporate kit is a collection of papers and resources required … Read more

How do you document a board of directors? Documentation can include: Company strategy. Performance information via financial, human resources and management reports. Approved budgets. Committee reports. Status of action items. Program highlights for the year to date. Board roles and responsibilities. Copy of the organization’s bylaws. Read more on www.diligent.com The board of directors acts … Read more

What is the difference between principal office and registered office? One is the principal place of jurisdiction, where the headquarters is located. The second is the “”paper”” home of the corporation or LLC, the state in which it filed its Certificate of Incorporation. Very often this paper home is Delaware, and the office in Delaware … Read more

How do you structure a holding company? The typical holding company structure involves creating a Parent company on the top to hold the assets of the subsidiaries. The most widely used entities for holding companies usually are Limited Liability Companies (LLC’s) and Corporations. Whether to use a Florida LLC or a Corporation it depends on … Read more

How do I find a company’s corporate officers? You may be able to find officers’ names and contact info in the following places: The Secretary of State database. The corporation’s website. The Securities and Exchange Commission (SEC) database. Your local library. Social media. Read more on www.upcounsel.com Knowing the names of the corporate officers is … Read more