Depending on the current legal status of the association, becoming a corporation requires a legal step in the state where the association does business.
Your attorney can help you understand the...
A corporation cannot own shares of a Scorp
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The shareholders would make an election by filing a form 2553 with the IRS. For an existing corporation, the form must be filed by March 15 of the year the election is to be effective. The election...
A constitutional document of a registered company that must be drawn up by the person(s) wishing to set it up. Under the Companies Act 1985 certain compulsory clauses must be inserted into the...