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Feb 1, 2024 · To create a new corporation you will file a legal document called the articles of incorporation with your state business filing agency (usually the secretary of state). In most states, you...
Feb 29, 2024 · 1. Choose a business name. 2. Register a DBA. 3. Appoint directors. 4. File your articles of incorporation. 5. Write your corporate bylaws. 6. Draft a shareholder agreement. 7. Hold initial board of directors meeting. 8. Issue stock. 9. Obtain business permits and licenses. 10. Register your business. 11. Open a corporate bank account.
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Apr 21, 2024 · A corporation is created when a business is incorporated by a group of shareholders with a common goal. Shareholders share ownership of a business, as...
Jul 28, 2023 · A corporation is a business that is considered a legal entity separate from its owners, who are called shareholders. Therefore, under the law, corporations possess many of the same rights and responsibilities as individuals. They have a board of directors, issue stock to shareholders and investors, pay taxes, and hire employees.
Find out what takes place in the formation of a corporation and the resulting tax responsibilities and required forms. In forming a corporation, prospective shareholders exchange money, property, or both, for the corporation's capital stock.
May 14, 2024 · Business / Business Formation. How to start a corporation: A step-by-step guide. By. Jason Rueger. Matthew LaMourie II. Jason Cother, CNN Underscored Money. Updated 11:58 AM EDT, Tue May 14,...
How to Start a Corporation in 7 Steps. To start your own corporation, you must take these essential steps, including registering your business, appointing a board, creating bylaws, and issuing shares.