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Features of a
Corporation
- A corporation is
created when two or more individuals or legal entities
join together to form a separate entity for the purpose
of operating a business for profit.
- Incorporators must file Articles
of Incorporation, in the required format, with the
appropriate state agency.
- The profits of a
Regular Corporation (C Corporation) are taxed twice;
once at the corporate level and again when profits are
distributed as dividends to their
shareholders.
- Shareholders of
a Corporation are personally liable for the debts and
liabilities of the Corporation only to the extent of
their capital contribution.
- The Shareholders
of the corporation elect the Directors. The Directors are
responsible for managing the affairs of the
corporation.
- Shareholders
receive profits from their ownership interest through
dividends, redemption of shares, or the repurchase of
shares by the corporation.
- Don't miss out on the advantages of
incorporation simply because an attorney charges too
much. Incorporate with us for a small fraction of the
price.
- Incorporation is easy with our secure, online order
forms which require little or no processing of paperwork on
your part.
- How you set up your business should make
it easier to achieve your goals, lower your taxes, and
limit your liability.
- Whether your Midwestern or
Southwestern business
is just getting started, or it is time to reorganize an
ongoing operation, we can help you incorporate online
now.
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Business Formation Services available in
Arizona, Illinois, Indiana, Iowa, Kansas, Michigan,
Minnesota, Missouri, Nebraska, North Dakota, Ohio, Oklahoma,
South Dakota, Texas, and Wisconsin
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Disclaimer -
Not Providing Legal Services - Proactive Management, Inc. presents the
material on this site as general information only. It is not
offered as and does not constitute legal advice or legal
opinion and should not serve as a substitute for advice from
an attorney or accountant familiar with the facts of your
specific situation. We provide business formation services.
We are not a law firm and do not provide legal or tax advice
or services. We make no warranty, express or implied
concerning the accuracy or reliability of the content at
this site or at other sites to which we link.
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