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Apr 21, 2024 · Investopedia / Julie Bang. Incorporation. A corporation is created when a business is incorporated by a group of shareholders with a common goal. Shareholders share...
One of the most important things that the articles of incorporation determine is the state of incorporation. Different states can have different levels of corporate tax or franchise tax, different qualities of shareholder and stakeholder rights, more or less stringent directors' duties, and so on.
Feb 17, 2024 · Incorporating a business involves establishing a separate entity distinct from its shareholders. This is done by filing legal documents with your state, commonly called Articles of...
Corporation. A corporation is a group of persons that sit together to make and run a business. This business is considered an entirely different human and unrelated to the group that manages it. McDonald's Corporation is the world's biggest restaurant chain.
Feb 18, 2024 · Incorporation is the way that a business entity known as a corporation is formally organized and officially brought into existence. The process of incorporation involves writing up a document...
Apr 30, 2024 · Articles of incorporation are a set of formal documents filed with a government body to legally document the creation of a corporation. Articles of incorporation generally contain pertinent...
15. Wikipedia states that "The alleged oldest commercial corporation in the world, the Stora Kopparberg mining community in Falun, Sweden, obtained a charter from King Magnus Eriksson in 1347". Is this actually the earliest instance of incorporation, though? How did the practice come to exist? law. 14th-century. business-history. Share.
