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At the most very basic lever, you can form a corporation by filing Articles of Incorporation with the appropriate state agency. You then need to adopt bylaws and you will also need shareholders to invest in the corporation and elected a board of directors. The board of directors then elects the officers who run the day-to-day operations. In forming a corporation, specific filings must be made with the State and certain corporate formalities must be maintained in order to preserve the corporate status and limited liability of the corporation. There are important tax and legal questions and should only be answered by qualified professionals.
Wiki User
∙ 18y ago
Wiki User
∙ 13y agoThey must be legally registered with the Secretary of State of the state in which they wish to carry on business.
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Which form of business has no legal requirements to start?
There are always legal requirements to operate a business, such as being registered with the Internal Revenue Service, obtaining a license to do business through your state in which the business in held
What are the legal requirements to start a home repair business in Florida?
I'm thinking of starting a home repair business. Where do I find the legal requirements, such as business license or certifications, for the state of Florida? How much insurance should I carry?
What are the legal requirements of a sole proprietorship?
The only legal requirement in formation of sole proprietorship is that business must not be illegal.
What are the common business degree requirements?
Accounting Classes, Marketing Classes, Business Communication and Basic Legal Classes.
What are the requirements for starting a marketing business?
There are certain requirements for starting a marketing business. You must apply for a business license and an EIN (Employer Identification Number). These are required for tax purposes and allows you marketing business to be legal in your state.
When you started a business you were certified to train individuals Do you have legal recourse if they change the requirements for certification. I have been training for5 years and have built abase.?
If the certification requirements have changed, you need to change the way you train people. If by "legal recourse" you are of the mind that you should be allowed to improperly train people, by not training them to meet the current requirements, no, you have no legal recourse. Meet the new standards or go out of business.
What types of business needs may create the need for a project?
-Adaptation to technological advances -Compliance with legal requirements -Training requirements -Social needs
In Australia where is MYOB based?
MYOP or Mind Your Own Business is an Autralian multinational corporating in Burwood East, Victoria, Australia. It provides tax, accounting and other services to small and medium businesses.
Legal requirements after death?
You have no legal requirements or responsibilities after death
Which type of business needs may create the need for a project?
Social needs Training requirements Adaptation to technological advances Compliance with legal requirements
What are the legal requirements to be a Reiki Practitioner in the state of ga?
* A business License. Call your local City Hall for more information.
How do you start a Cash loan business in south Africa?
The only way to do this, one first must familiarize oneself with the legal requirements of such a venture. After covering the legal ground, there is the issue of working a business plan and model and finding investors.
