Law Library Articles
Top 10 Corporation Articles
In America, thousands of new businesses are started each month. When starting a business, you may consider creating a corporation. These articles will help you decide whether to form a corporation, what kind of corporation, and what kind of upkeep is associated with a corporation.
A corporation is a separate legal entity from its owners and operators. Legal entities can do certain things on their own such as enter into contracts. They can also be sued. Find out the consequences of having a separate legal entity in this article.
A corporation is a separate business entity that is owned and controlled by shareholders. In order to properly form a corporation, you must file the proper paperwork with the secretary of state. The paperwork will require you to consider issues such as control, ownership structure, debt, liability, and taxes.
Depending on your situation, you may only be able to form certain kinds of corporations. For example, if you are forming an organization with a purpose other than making a profit, you may want to form a cooperative corporation or a nonprofit corporation. This article tells you which corporation may work for your organization.
This article looks at the bigger pictures and helps you think about whether a corporation is the right type of organization for your new business. Depending on your size, ownership structure, and plans to expand, you may want to step back and decide whether a corporation is right for you.
Struggling with which type of corporation to form? This article helps you think about issues that coincide with business formation, which may help you figure out which type of business is right for you.
As with most business decisions, there are advantages and disadvantages to structuring your business as a corporation. Read this article to find out some of benefits you may receive in exchange for the complications of forming a corporation.
Nonprofit corporations may be formed for several reasons including charity, educational, political, religious, or scientific purposes. Nonprofits are very different from traditional corporations and it is important to be familiar with issues such as ownership and taxation structures that are unique to nonprofits.
If your business is a group of professionals that are interested in limited liability and possible tax breaks. This article also discusses how professional corporations are different than limited liability corporations (LLCs), which are a newer form of business entity.
Once you form a corporation, you must keep certain formalities in order to make sure the corporation stays a separate entity. There are rules for record-keeping, meetings, contracts etc. that may help you make sure you don’t get sued for your business’s actions.
Similar to when a corporation is formed, you must file formal paperwork in order to dissolve a corporation. Sometimes corporations must be dissolved before the natural end of the business and this article will tell you when and how your corporation may be dissolved.