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

Understanding SC Articles of Organization and Related Matters

What is SC Articles of Organization? South Carolina articles of incorporation are filed to create a corporation. Approval of this document secures your corporate name and creates the legal entity of the corporation. Only after this approval can the corporation apply for tax IDs, obtain business licenses, sign contracts, and otherwise conduct business. Read more … Read more

Who Owns the Assets of a Company?

Who owns the assets of a company? Company shareholders own the business, but not the assets held within it. If you are the only shareholder, therefore, you do not own your company’s assets ? they are owned by the company because it is a separate entity. Read more on www.realbusinessrescue.co.uk The answer to the question … Read more

Can the Board of Directors Dissolve a Corporation?

Can the board of directors dissolve a corporation? Read more on www.stimmel-law.com The board of directors is in charge of running a corporation’s operations, including deciding whether to disband the business. A corporation can be dissolved, in which case it will no longer exist and its assets will be transferred to its shareholders or creditors. … Read more