Types of Corporations

Locate a Local Business Lawyer

Most Common Business Law Issues:

Types of Corporations

A corporation is an entity (usually a business) with the authority under law to act as a single person distinct from the shareholders who own it. Many different types of corporations exist, and they are generally classified depending on specific factors, which include:

If I Plan to Form a Corporation, What Types Are Available?

Although there are a wide variety of corporation types, the most common formation types include:

What Is a Charter?

A charter is a document evidencing that the government has authorized the creation of a business or corporate franchise. A "corporate charter" is the document that one files with the secretary of state upon incorporating a business. The corporate charter often contains the articles of incorporation.

What Happens If a Corporation Loses Its Charter?

A corporation whose charter has expired or been revoked, relinquished, or voluntarily terminated is called a dead or dissolved corporation. It can no longer legally operate as a corporation under the law.

Do I Need an Attorney?

Determining the exact type of corporation that you wish to form can be tricky, because there are so many different options available. A skilled corporate attorney can help you to decide which type is best for your needs.

Consult a Lawyer - Present Your Case Now!
Last Modified: 02-26-2014 04:20 PM PST

Find the Right Lawyer Now

Did you find this article informative?

Link to this page

Law Library Disclaimer

LegalMatch Logo for the Types of Corporations page,  types corporations lawyers,types corporations,corporations lawyers,business law,internal revenue,tax status,corporate charter,profit corporation,corporation,law,type,business,legal,lawyer,profit,share,lawyers,tax,shareholders,charter,partnership