Corporate Law

The Two Types of Corporations: Understanding the Basics

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What are the 2 types of corporations? It seems everyone knows there are two kinds of corporations: S-Corps and C-Corps. These include: Regular Corporation, Statutory Close Corporation, Quasi-closed Corporation, Professional Corporation, and. Non-profit Corporation. Read more on corporate.findlaw.com It’s crucial for business owners and entrepreneurs to comprehend the various kinds of organizations that are used … Read more

Is a Dissolved Company the Same as Liquidation?

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Is a dissolved company the same as liquidation? Whether dissolving or liquidating a company via an MVL, the result is the same. The company closes down following the realisation of assets and distribution of funds to the shareholders. Read more on www.thegazette.co.uk A Limited Liability Company (LLC) must go through a formal procedure known as … Read more

Which of the Following Does Not Carry the Feature of Perpetual Succession?

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Which of the following does not carry the feature of perpetual succession? Answer: Sole Proprietorship. Explanation: Hence, sole proprietorship does not have perpetual succession. Read more on brainly.in A business entity’s ability to carry on operating even after the passing or resignation of its members is known as perpetual succession. The firm can own property, … Read more

Dissolving a Corporation in Indiana: A Step-by-Step Guide

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How do I dissolve a corporation IN Indiana? To dissolve your Indiana Corporation, file Indiana Form 34471, Articles of Dissolution with the Secretary of State, Corporations Division. You can also file for dissolution online if you set up an IN.gov payment account or pay by MasterCard, Discover or Visa credit card. Read more on www.northwestregisteredagent.com … Read more

The 3 Types of Corporations: Understanding the Basics

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What are the 3 types of corporations? In the United States, there are three types of corporations. C corporation (C corp) S corporation (S corp) Limited liability company (LLC) Read more on www.financialsamurai.com Businesses that are legally distinct from their owners include corporations. A board of directors oversees their management and they are owned by … Read more

What Information is Necessary to Include in the Articles of Incorporation?

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What information is necessary to include in the articles of incorporation? Broadly, articles of incorporation should include the company’s name, type of corporate structure, and number and type of authorized shares. Bylaws work in conjunction with the articles of incorporation to form the legal backbone of the business. Read more on www.investopedia.com An important document … Read more

Termination vs Dissolution: What’s the Difference?

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What is the difference between termination and dissolution? These terms are often used interchangeably, but have distinct legal meanings. Dissolution is the winding up of the affairs of the entity in advance of the termination of the entity. Termination of the entity occurs when the entity ceases to legally exist. Read more on grddlaw.com Making … Read more

Can LLC Invest in Coinbase? Exploring the Possibilities

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Can LLC invest in Coinbase? Yes. Coinbase has regular accounts for individuals, and they have institutional accounts for legal entities. To sign up for the institutional accounts you’ll need the LLC name, country and state of formation, tax ID number and more. Read more on www.quora.com Users of the well-known cryptocurrency exchange Coinbase can purchase … Read more