Understanding the Certificate of Ownership in a Corporation

What is a certificate of ownership in a corporation? What are ownership certificates? Ownership certificates are issued to the owners of a company to formally document their ownership of the company. Types of ownership certificates include: Stock certificates. Stock certificates are issued to a corporation’s shareholders to designate their ownership. Read more on www.wolterskluwer.com A … Read more

How to Set Up a Holding Company in Delaware

How do I set up a holding company in Delaware? To form a holding company you will need to register in the state of Delaware. You will be required to provide your business name, articles of incorporation, and the name of the business agent managing the operating and holding company. Read more on wyomingllcattorney.com Delaware … Read more

Grounds for Termination of a Limited Liability Company

On what grounds can a limited liability company be terminated? An LLC classified as a partnership is terminated for tax purposes if its business is discontinued and its assets are distributed to its members. In addition, if an LLC’s business is continued in a new form such as a corporation or sole proprietorship, the LLC … Read more

Does a Foreign Corporation Need to Register in Florida?

Does a foreign corporation need to register in Florida? Florida law requires corporations to apply for qualification as a foreign business before “”transacting business”” within the state. As a result, a corporation formed outside of Florida wanting to do business in Florida must separately register in Florida as a foreign corporation. Read more on brewerlong.com … Read more

Why Close Corporations No Longer Exist in Nevada?

Why can close corporations no longer be formed? The scrapping of CCs as an option is no problem for new business owners starting up, because the new Companies Act has made the Pty Ltd company just as cheap and easy to register and run as a Cc. This is the agency at which your company … Read more

Winding Up Process of Dissolving a Corporation

What is the winding up process of dissolving a corporation? Winding up is the process of dissolving a company. While winding up, a company ceases to do business as usual. Its sole purpose is to sell off stock, pay off creditors, and distribute any remaining assets to partners or shareholders. Read more on www.investopedia.com For … Read more

When and How a Firm Can be Dissolved: Understanding the Process

In what circumstances a firm can be dissolved? A partnership firm can be dissolved if any one of the registered partners does not have the interest to continue the business further due to any misunderstandings with other partner or financial loss. Read more on www.indiafilings.com It’s never an easy choice to dissolve a company, but … Read more

Certificate of Incorporation: Definition and Related Documents in Texas

What is meant by certificate of incorporation? A certificate of incorporation is a legal document/license relating to the formation of a company or corporation. It is a license to form a corporation issued by state government or, in some jurisdictions, by non-governmental entity/corporation. Its precise meaning depends upon the legal system in which it is … Read more