How Do Ltd Companies Work? Understanding the Basics

How do Ltd companies work? Limited companies are companies that have been incorporated at Companies House as a separate legal entity. Basically, what this means is that the company exists and operates independently to the owners of the business, and it can enter into contracts under its own name. Read more on www.goforma.com A limited … Read more

Requirements for a Non-Profit Company

What are the requirements for a non-profit company? A non-profit company must have at least three incorporators and three directors and may be registered with or without members. A non-profit company is not required to have members. Read more on www.cipc.co.za Organizations that were founded for philanthropic, religious, educational, scientific, or literary reasons are known … Read more

Understanding Bylaws and Articles of Incorporation: Do Bylaws have Articles?

Do bylaws have articles? Bylaws are not the same as articles of incorporation-the articles are a short document filed with your state to form your business. Bylaws are a longer, more detailed, internal document. Both for-profit and nonprofit corporations should have bylaws. Read more on www.legalzoom.com When a business is incorporated, two crucial legal documents … Read more

How a Corporation Works: Understanding the Basics

How does a corporation work? What Is a Corporation? A corporation is a legal entity that is separate and distinct from its owners. Under the law, corporations possess many of the same rights and responsibilities as individuals. They can enter contracts, loan and borrow money, sue and be sued, hire employees, own assets, and pay … Read more

Does NAV Report to Dun and Bradstreet?

NAV, sometimes known as Microsoft Dynamics NAV, does, in a nutshell, report to Dun and Bradstreet. Business information provider Dun & Bradstreet offers commercial data and analytics to companies. It is a dependable source of financial and credit information for businesses all around the world. A lot of companies utilize Dun & Bradstreet to guide … Read more

How to Change Officers of a Corporation in California

How do I change the officers of a corporation in California? To change the corporations officer or director information you must file the Statement of Information form. If changes occur between filing periods, you can just file a statement of information form to amend the previously filed statement. There is no fee to file an … Read more

Removing a Director under Delaware Law: A Comprehensive Guide

How can a director be removed from Delaware law? Specifically, Section 141(k) of the Delaware General Corporation Law (“”Section 141(k)””) provides that “”any director or the entire board of directors may be removed, with or without cause, by the holders of a majority of the shares then entitled to vote at an election of directors,”” … Read more

S Corp Board Meetings: Are They Necessary?

Does an S Corp have to have board meetings? California law requires ALL California corporations, even those owned by a single shareholder, to hold an annual meeting of the shareholder(s) for the purpose of electing the board of directors. Read more on www.yourlegalcorner.com S corporations are a well-liked type of company entity that provide their … Read more