Dissolving a Corporation: A Complete Guide

How do you dissolve a corporation? You must file Form 966, Corporate Dissolution or Liquidation, if you adopt a resolution or plan to dissolve the corporation or liquidate any of its stock. You must also file your corporation’s final income tax return. Read more on www.irs.gov A corporation’s dissolution is a difficult process that entails … Read more

Articles of Incorporation vs. Certificate of Incorporation: Understanding the Difference

Are Articles of Incorporation the same as a Certificate of Incorporation? The Articles of Incorporation are what officially register your business within its home state and informs the state of key aspects of your business. Articles of Incorporation are sometimes referred to as the “”certificate of formation”” and this document is what legally documents the … Read more

Understanding LC3 Corporations: What They Are and How They Work

What is an lc3 corporation? An L3C (low-profit limited liability company) is a for-profit LLC that satisfies three requirements: It significantly furthers the accomplishment of one or more charitable or educational purposes within the meaning of Sec. Read more on www.wolterskluwer.com A recognized legal entity under Vermont law is an LC3 corporation. In that it … Read more

Incorporating a Corporation: A Step-by-Step Guide

How do you incorporate a corporation? Steps of the Company Incorporation Process Step 1: Reservation of Business Name with the Securities and Exchange Commission (SEC) Step 2: Submission of Documents to SEC. Step 3: Registration with Local Government Units (LGUs) of the location where you want to establish your business. Read more on incorporation.ph A … Read more

The Three Types of Domestic Corporation: Understanding the Basics

What are the 3 types of domestic corporation? Types of Domestic Corporations Domestic Corporation with 0% Foreign Equity (100% Filipino-owned) Domestic Corporation with 0.01% to 40% Foreign Equity. Foreign-Owned Domestic Corporation with 40.01% to 100% Foreign Equity. Read more on philippinesbusinessregistration.com An independent legal entity from its owners or shareholders is a corporation. It is … Read more

Stock Corporation vs. Non-Stock Corporation: What’s the Difference?

What’s the difference between a stock corporation and a non-stock corporation? A stock corporation has authorized capital stock divided into shares of stock either with or without par value. It’s engaged in income-generating activities and authorized to declare dividends. A non-stock corporation has no authorized capital stock. Read more on www.globe.com.ph There are various kinds … Read more