FOOTWEAR Shoe boots Alviero Martini 1A Classe Q7htc

SKU706753247659902684827
FOOTWEAR - Shoe boots Alviero Martini 1A Classe Q7htc
FOOTWEAR - Shoe boots Alviero Martini 1A Classe
UERM

Corporations can have an unlimited number of stockholders.

Digital Vision./Digital Vision/Getty Images

Related Articles

When a business becomes incorporated, a separate and distinct legal entity is created. An incorporated business acts independently of its business owners. According to the Entrepreneur website, incorporating a business provides the company with most of the legal rights granted to an individual, with the exception of voting privileges.

Formation

A business becomes incorporated when the company's organizers file incorporation paperwork with the state. For example, corporations in Texas must file a certificate of formation with the Texas Secretary of State's office, as a condition of formation. Incorporating a business requires activities, such as selecting individuals to serve as directors, and creating a unique business name. In most cases, a fill-in the blank certificate of formation, also known as articles of incorporation, will be provided by the Secretary of State's office where the corporation is organized. The fee to file a certificate of formation will vary from state to state. However, as of 2010, corporations in Texas are required to pay $300 to file articles of incorporation with the Texas Secretary of State, as mentioned on the Citizen Media Law Project website.

Liability

Business owners of an incorporated business have limited liability protection against the company's debts, obligations and losses. Owners of a corporation may only be liable for business losses and obligations up to their investment in the company. As explained on the Entrepreneur website, the shareholder's personal assets may not be taken to cover liabilities of the corporation. However, shareholders of an incorporated business may be liable for the company's debts if they sign a personal guarantee on a corporate loan. In addition, shareholders that engage in criminal activities will be individually held responsible for their acts.

Formalities

Incorporated businesses must hold shareholder and director meetings, and keep company minutes, as described on the Companies Incorporated website. In addition, corporations must keep accurate banking records that are separate from the personal funds of its owners. Furthermore, an incorporated business must file taxes and annual reports with the state where the company is organized.

Taxes

Owners of an incorporated business may pay taxes twice on the same corporate dollars, also known as double taxation. This occurs when the company pays business taxes on its earnings. If dividends are issued to shareholders from the corporation, the shareholder pays taxes on those dividends at their individual tax bracket. Dividends issued to shareholders of a corporation aren't deductible and don't reduce the corporation's tax liability, as explained on the Entrepreneur website.

Stock

Unlike a sole proprietorship or a partnership, an incorporated business has the ability to issue stock to employees and investors. Corporations with unissued shares of stock can sell shares to raise money for the company. Because an incorporated business has limited liability protection, investors may be more likely to invest in a corporation in comparison to a sole proprietorship or partnership. Employee stock incentives may be used to attract talented individuals to work for the corporation.

References (4)

Resources (2)

About the Author

Christopher Carter loves writing business, health and sports articles. He enjoys finding ways to communicate important information in a meaningful way to others. Carter earned his Bachelor of Science in accounting from Eastern Illinois University.

Photo Credits

Carter, Christopher. "What Does Incorporate a Business Mean?" , http://smallbusiness.chron.com/incorporate-business-mean-367.html. Accessed 19 July 2018.
Carter, Christopher. (n.d.). What Does Incorporate a Business Mean? . Retrieved from http://smallbusiness.chron.com/incorporate-business-mean-367.html
Carter, Christopher. "What Does Incorporate a Business Mean?" accessed July 19, 2018. http://smallbusiness.chron.com/incorporate-business-mean-367.html
Note: Depending on which text editor you're pasting into, you might have to add the italics to the site name.

More Articles

What Does LLC Mean for a Company?

(888) 590-1934 Request Info
That one magical day she will remember forever…

Plan your princess event today and make your child’s greatest birthday wishes come true.

Every little girl can answer the question “Who is your favorite princess?” That’s how you know she is guaranteed to love the idea of our princess party.

All the classic fairytale princesses are available and excited to bring a world of enchantment to your child’s special day. Whichever princess you select will arrive in her signature gorgeous gown and have all the poise and personality of real-life royalty. This is the authentic princess party you’ve always wanted, and it will leave you with memories that will last a lifetime.

Plan My Party
“Our princess party was simply amazing, from start to finish.” — Julia N. Read Our Reviews

The Perfect Party from Once Upon a Time to Happily Ever After

The Princess Party Co. has only the highest quality princesses with our one-of-a-kind training. From the grand entrance to storytime to games, we have spent years perfecting the party for your child. When you work with us, we take care of everything, so you get to relax and watch your child have the most magical birthday party ever.

Planning your event is quicker than the swish of a magic wand. The Princess Party Co. has professional party planners standing by to answer any of your questions before AND after you reserve your date.

Call (888) 590-1934 or reserve your date in moments with our online reservation system .

The Heart of The Princess Party Co.

When you choose The Princess Party Co., you're supporting our visits to less fortunate children in local hospitals. We believe that all children should be able to experience the magic of a princess party. By celebrating your child’s next birthday party with us, you are helping to bring us one step closer to that dream.

Most Trusted

Most Magical

Best Value

The Princess Party Co. Guarantee is our promise that we are going into your event with three special ingredients—Trust, Magic, and Value—to provide the absolute best princess party for your child. We pride ourselves on being the only company to deliver all three of these elements every single time.

You can trust us to help set your princess party ideas into motion, and you can trust that the princess who arrives at your event is professionally trained in how to perform for children. Our party options offer you incredible value on nearly any budget. Your hard-earned money is going toward expert princess party planners, trustworthy performers, and that extra sprinkle of magic present at every single event with The Princess Party Co.

Our Company

Movies

Programming

More

© Copyright 2018 AMC Theatres
Charlotte Olympia Woman Suede Sandals Dark Brown Size 35 Charlotte Olympia NS2BEeo