Ad
related to: incorporation law definition- S Corporations vs. LLCs
Learn the key differences between
an S corp & an LLC and get started.
- Check your business name
Before you start a business, make
sure the name isn't already in use.
- Business resource center
Here's what you need to start, run,
and legally protect your business.
- How to incorporate online
Here's what you need to know about
incorporating your business online.
- Compare Business Types
Compare Different Business Types
To See Which One Works for You.
- Incorporate Your Business
We're Here To Help Incorporate Your
Business Online Simply And Easily.
- S Corporations vs. LLCs
Search results
Results From The WOW.Com Content Network
There are a number of legal benefits that come with incorporation. One significant legal benefit is the protection of personal assets against the claims of creditors and lawsuits. Sole proprietors and general partners in a partnership are personally and jointly responsible for all the legal liability (LL) of a business such as loans, accounts payable, and legal
Articles of incorporation, also referred to as the certificate of incorporation or the corporate charter, is a document or charter that establishes the existence of a corporation in the United States and Canada. They generally are filed with the Secretary of State in the U.S. State where the company is incorporated, or other company registrar.
A combination of a state's corporation law, case law developed by the courts, and a corporation's own articles of incorporation and bylaws determine how power is shared. In general, the rules of a corporation's constitution can be written in whatever way its incorporators choose, or however it is subsequently amended, so long as they comply ...
New Jersey followed New York's lead in 1816, when it enacted its first corporate law. [3] In 1837, Connecticut adopted a general corporation statute that allowed for the incorporation of any corporation engaged in any lawful business. [3] Delaware did not enact its first corporation law until 1883. Bank of the United States v.
A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law as "born out of statute"; a legal person in a legal context) and recognized as such in law for certain purposes.
Under UK company law and most international law, a company or corporation is considered an entity that is separate from the people who own or operate the company. [1] Forming a company via the paper filing method can take up to 4 weeks but nowadays the majority of UK companies are formed the same day electronically. Companies can be created by ...
De facto corporation and corporation by estoppel are both terms that are used by courts in most common law jurisdictions to describe circumstances in which a business organization that has failed to become a de jure corporation (a corporation by law) will nonetheless be treated as a corporation, thereby shielding shareholders from liability.
By convention, most common law jurisdictions divide the constitutional documents of companies into two separate documents: [1]. the Memorandum of Association (in some countries referred to as the Articles of Incorporation) is the primary document, and will generally regulate the company's activities with the outside world, such as the company's objects and powers.