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Topic: Corporation

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  Corporation Law Resources | Corporation Attorneys | Business.com
Once these roles are assigned, the corporation will hold the first meeting of the board of directors and assign stock to its shareholders.
File the paperwork No matter what type of corporation you form (C, S or limited liability); it does not exist until the paperwork is filed with the state of incorporation.
Corporations are automatically in the C class unless they elect to become S corporations.
rd.business.com /index.asp?epm=s.1&bdcq=Corporation&bdcr=2&bdcu=http://www.business.com/directory/law/practice_areas/corporation_and_partnership_law/index.asp?partner=2662601&bdct=20071206154014&bdcp=&partner=2662601&bdcs=nwuuid-2662601-F7E3B080-C692-2CDB-8DDB-A72E0F6E5D48-ym   (896 words)

Corporations enjoy most of the rights and responsibilities that an individual possesses; that is, a corporation has the right to enter into contracts, loan and borrow money, sue and be sued, hire employees, own assets and pay taxes.
A corporation is created (incorporated) by a group of shareholders who have ownership of the corporation, represented by their holding of common stock.
Although a corporation does not necessarily have to be for profit, the vast majority of corporations are setup with the goal of providing a return for its shareholders.
www.investopedia.com /terms/c/corporation.asp   (372 words)

  Corporations - Wex   (Site not responding. Last check: )
The law treats a corporation as a legal "person" that has standing to sue and be sued, distinct from its stockholders.
Corporations are taxable entities that fall under a different scheme from individuals.
Although corporations have a "double tax" problem -- both corporate profits and shareholder dividends are taxed -- corporate profits are taxed at a lower rate than the rates for individuals.
www.law.cornell.edu /topics/corporations.html   (406 words)

corporations are defined by Blackstone to be such as are constituted for the perpetual distribution of free alms or bounty of the founder thereof to such persons as such founder may have designated.
corporation to acts which are expressly authorized by its charter, or acts which are defined by its original articles of institution to be within the scope of its corporate operations.
corporation had the right to do any act or to undertake any course of transactions which was not within the scope of the powers which it originally declared itself as possessing.
www.newadvent.org /cathen/04387a.htm   (2817 words)

  Corporations - Isn't a corporation a legal fiction created by government and thus it can be regulated by government?
Under capitalism: a corporation is a group of individuals organized in a specific legal form, just like a society is nothing more then a sum of individuals organized in a specific form, or a marriage is a group of individuals (a man and a woman) organized in a specific form.
The foundation of a corporation are the rights of its members: specifically, the right to state that one is entering trade agreements under the presumption of limited liability (for the shareholders), and under a "fictional" corporate "assumed" name.
All the rights of a corporation are derived from those of its individual members; as such an individual neither gains nor loses rights in their capacity as members of a corporation.
www.capitalism.org /faq/corporation.htm   (970 words)

  Corporation - Wikipedia, the free encyclopedia
Generally, a corporation files articles of incorporation with the government, laying out the general nature of the corporation, the amount of stock it is authorized to issue, and the names and addresses of directors.
If a corporation operates outside its home state, it is often required to register with other governments as a foreign corporation, and is almost always subject to laws of its host state pertaining to employment, crimes, contracts, civil actions, and the like.
The oldest corporation in the United States, and the oldest in North America, is the President and Fellows of Harvard College (also known as the Harvard Corporation), chartered in 1650.
en.wikipedia.org /wiki/Corporation   (4039 words)

 The Corporation (professional wrestling) - Wikipedia, the free encyclopedia
The Corporation was formed on November 15, 1998 when Shane and Vince McMahon reconciled, joining forces with The Rock, who was The Corporation's main star, holding the WWF Championship three times while part of the group.
Corporation and the Undertaker's Ministry of Darkness brought together under the leadership of Vince McMahon.
Vince McMahon, who had been ousted from the Corporation, briefly led the Union into battle with the Corporation, until he was later revealed as the "Higher Power" of the Corporate Ministry.
en.wikipedia.org /wiki/The_Corporation_(professional_wrestling)   (385 words)

 corporation. The Columbia Encyclopedia, Sixth Edition. 2001-05   (Site not responding. Last check: )
Most corporations are businesses for profit; they are usually organized by three or more subscribers who raise capital for the corporate activities by selling shares of stock, which represent ownership and are transferable.
The modern concept of corporate power holds that the rights of the participants as well as the conduct of the enterprise must be the subject of managerial discretion.
Since the Dartmouth College Case of 1819, when a charter was held to be a binding contract between a state and a corporation, unalterable and unamendable by the state without the corporation’s consent, fewer perpetual charters have been granted, the right of the legislature to alter or annul being specifically reserved in the charter.
www.bartleby.com /65/co/corp.html   (817 words)

 CCH Business Owner's Toolkit | C Corporation Taxes
Note: personal service corporations (those whose employees spend at least 95 percent of their time in the field of health, law, engineering, architecture, accounting, actuarial science, performing arts, or consulting) are taxed at a flat rate of 35 percent of net profits.
Because a corporation is a taxable entity that is separate from its stockholders, its excess profits (profits remaining after being taxed at the corporate level) are not, as in the case of unincorporated businesses and S corporations, taxed to the owners when they are earned.
Typically, the corporation claims deductions for these expenses as business expenses on its income tax return, but where the expenses are clearly personal expenses, the corporation will be denied a deduction and the officer-stockholder will be deemed to have received a taxable dividend.
www.toolkit.cch.com /text/P07_2026.asp   (871 words)

Corporations may also be formed for political, religious or charitable purposes (not-for-profit corporations), or as government or quasi-governmental entities (public corporations).
An S corporation must generally have no more than 100 stockholders, who must be natural persons (not other corporations or entities), must reside in the United States, and must consent to the classification; moreover, the S corporation can only issue a single class of stock.
Certain kinds of investment companies are also exempt from corporate income taxes, provided they distribute almost all of their income to shareholders in the form of dividends or capital gains distributions.
www.brainyencyclopedia.com /encyclopedia/c/co/corporation.html   (4394 words)

 EVE Online | Player Guide
Corporations are limited to three declared wars at a time, though the number of wars in which a corporation can be involved is limitless.
Conversely if a corporation that is a member of an alliance leaves the alliance then all the wars that the alliance are involved in are copied to the corporation, but are placed in a state of being retracted or surrendered, and no bills are issued for these wars.
Corporation leaders are urged to exercise extreme caution when accepting new members, particularly when granting access to their private communications and corporate holdings.
www.eve-online.com /guide/en/g12.asp   (3398 words)

 Corporation - Best-Ranks.com
Corporations may be made up of a single person or a group of people, known as sole corporations or aggregate corporations, respectively.
A corporation may issue stock, either private or public, or may be classified as a non-stock corporation.
C corporations pay taxes both at the corporate level, and at the personal level, as shareholders pay taxes on their dividends.
www.best-ranks.com /corporation.htm   (526 words)

 Corporation Sole: due diligence info
The corporation sole, however, may not be at all compatible with the average Protestant Church, since it is the opposite of a hierarchy, and typically governed by a body of elected elders and/or deacons.
Corporation sole salemen claim that just about anything can be construed as a "church," including an individual family, and the home the family lives and practices its "religion" in (thereby qualifying the family home as a "parsonage").
If the corporation sole salesmen were honest, they'd give the other side of the story, such as the fact that numerous people are having huge legal problems as a direct result of their use of the corporate sole (see the links below).
geocities.com /corporatesole   (1720 words)

 Corporation Basics   (Site not responding. Last check: )
For instance, if a court judgment is entered against your corporation saying that it owes a creditor $100,000, you can't be forced to use personal assets, such as your house, to pay the debt.
Because only corporate assets need be used to pay business debts, you stand to lose only the money that you've invested in the corporation.
treats the corporation as an extension of his or her personal affairs, rather than as a separate legal entity.
www.nolo.com /encyclopedia/articles/sb/corps_defined.html   (311 words)

 Incorporate a C corporation - Protect your business
To create a C corporation the proper formation documents, typically called the articles of incorporation or certificate of incorporation, must be filed with the appropriate state agency and the necessary state filing fees paid.
Most states require that the corporate name be followed by a corporate ending such as "Corporation," "Incorporated," or an abbreviation such as "Inc." or "Corp." For more information regarding the requirements of each state, view the state specific facts.
C corporations can alter the number of authorized shares or the par value of shares at anytime in the life of the C corporation by filing an amendment with the state.
www.bizfilings.com /learning/incfaq.htm   (1979 words)

 The Corporation Film: Synopsis   (Site not responding. Last check: )
In the mid-1800s the corporation emerged as a legal "person." Imbued with a "personality" of pure self-interest, the next 100 years saw the corporation's rise to dominance.
The operational principles of the corporation give it a highly anti-social "personality": It is self-interested, inherently amoral, callous and deceitful; it breaches social and legal standards to get its way; it does not suffer from guilt, yet it can mimic the human qualities of empathy, caring and altruism.
The corporation may be trying to render governments impotent, but since the landmark WTO protest in Seattle, a rising wave of networked individuals and groups have decided to make their voices heard.
www.thecorporation.com /index.php?page_id=2   (1479 words)

To induce investors to exchange their government debt for shares in the corporations, promoters and the French and English governments had to convince them that the corporations' franchises were valuable.
Shareholders still controlled corporations, and the agency problem was a matter of managers not exercising "anxious vigilance." Under managerial capitalism, shareholders have surrendered control to managers, and the agency problem is one of managers enriching themselves to the extent applicable laws will allow.
Milken had long professed contempt for the corporate establishment, portraying many of its members as fat, poorly managed behemoths who squandered their excess capital and whose investment-grade bonds, as he loved to say, could move in only one direction—down.
www.riskglossary.com /link/corporation.htm   (3542 words)

 Arizona Corporation Commission   (Site not responding. Last check: )
Corporate and limited liability company names can be reserved for 120 days for a fee of $10.
Corporations with undeliverable addresses are subject to revocation/administrative dissolution by the Commission.
Corporations should receive their blank forms with the file number, name, and address preprinted approximately two months prior to the corporation's report due date.
corporation.azcc.gov /faqmanual.htm#star   (4151 words)

 Nevada Corporation, Nevada Corporate Headquarters, State Of Nevada Corporation, Form A C Corporation In Nevada, Form An ...
Nevada is a profoundly pro-business state with statutes designed to attract corporations by protecting privacy, providing a virtually tax-free environment, and exempting officers and shareholders from personal liability for corporate activities.
Moreover, a state of Nevada corporation has minimal reporting and disclosure requirements with no requirement for the names of the stockholders to be a public record.
Corporations are taxed at a lower rate than sole proprietorships and partnerships.
www.ballinphort.org /index.html   (715 words)

 S Corp - Sub Chapter S Corporation - Incorporate at MyCorporation.com   (Site not responding. Last check: )
An S Corporation begins its existence as a general, for-profit corporation upon filing the Articles of Incorporation at the state level...
An S Corporation begins its existence as a general, for-profit corporation upon the filing of Articles of Incorporation at the...
S Corporation shareholders are taxed based on their pro-rata share of corporate income regardless of whether the...
www.mycorporation.com /s-corporation   (257 words)

 What is a Corporation?
Because a corporation exists apart from the shareholders, the corporation alone is liable for its debts.
However, due to a section of the Internal Revenue Code known as Subchapter S, the shareholders of corporations that qualify for Subchapter S status are able to deduct losses in proportion with and to the extent of their investment in the business.
Unlike C Corporations, in which income is taxed to the corporation, all the income of S corporations, whether from earnings or the sale of assets, is taxed directly to the shareholders in proportion to their ownership interest.
www.poznaklaw.com /articles/corpb.htm   (1722 words)

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