Understanding the Series LLC in Utah: Advantages, Fees, and More

What is a series LLC in Utah? A Series Domestic Limited Liability Company is formed by one or more individuals or entities through a special written agreement. The agreement details the organization of the LLC including: provisions for management, assignability of interests, and distribution of profits or losses. Read more on corporations.utah.gov The well-liked corporate … Read more

Proof of Ownership of a Company: Understanding the Basics

What is proof of ownership of a company? 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 It’s crucial for business owners to … Read more

Public Corporations: Examples and Overview

What are the examples of public corporation? Examples of public corporations/parastatals are: Nigerian Communications Commission (NCC), Nigerian National Petroleum Corporation (NNPC), Nigerian Ports Authority (NPA), Nigerian Television Authority (NTA), Power Holding Company of Nigeria (PHCN), National Bureau of Statistics (NBS), National Teachers Institute (NTI), Read more on nigerianscholars.com Public corporations, usually referred to as government-owned … Read more

Google: A Corporation or Not?

Is Google a corporation? Google, as you know, was incorporated in 1998 and is listed on the NASDAQ, after its 2004 IPO. Google chose to be a Delaware corporation so it could go public and raise money, which it did on. Once it did so, it quickly became one of the richest companies in history. … Read more

Understanding C Corporation in USA: Ownership, Types and More

What is C corporation in USA? A C corporation, under United States federal income tax law, is any corporation that is taxed separately from its owners. A C corporation is distinguished from an S corporation, which generally is not taxed separately. Read more on en.wikipedia.org A corporation is a distinct legal entity from its owners … Read more

Resident Agent vs Registered Agent: What’s the Difference?

What is the difference between a resident agent and a registered agent? A resident agent is an older term for what is now called a “”registered agent.”” Some states still use this term such as Maryland, Kansas, and Michigan. Nevada has changed the resident agent term to registered agent. A resident agent and a registered … Read more

Understanding Original Articles of Incorporation

What are original articles of incorporation? What information do Articles of Incorporation contain? Name or number of your business. Full Address of the corporation’s registered office. Names and addresses for directors/incorporators for the Articles of Incorporation. Directors Citizenship Status. Share Structure and Provisions. Read more on www.ownr.co Legal documentation must be submitted to the state … Read more

What Should a Corporate Resolution Include?

What should a corporate resolution include? Corporate resolutions provide a paper trail of the decisions made by the board and the executive management team. Decisions made via a corporate resolution include changes to a dividend policy, executive compensation, and the issuance of debt. Read more on www.investopedia.com A corporate resolution is a formal record of … Read more

Wisconsin Non-Stock Corporation: What You Need to Know

What is a Wisconsin non-stock corporation? A nonstock corporation is a corporation without stock. It may or may not have members. It must have directors. Nonstock corporations are the preferred form of corporation for nonprofit entities, volunteer-type organizations, and other organizations where individual ownership is not desired. Read more on www.wisbar.org In Wisconsin, a non-stock … Read more