Call us
Let’s chat? - We're online

Hi 👋! Please fill out the form below to start chatting with the next available agent.

Hello ! Welcome to Corpseed, and thank you for visiting us. How can we help you today?
Tell us more about your requirements
Blog meta keywords

Contact Us

Questions?

We’re available 24/7

WorldWide Business Corporations

BOOK A FREE CONSULTATION

Get help from an experienced legal adviser. Schedule your consultation at a time that works for you and it's absolutely FREE.

Corporations

Corporations are structured on the idea that control and ownership can be separate. Owners are called shareholders and they may or may not be involved in the day-to-day operations of the company. Ownership of the business is tracked by shares, with each share corresponding to a defined portion of control of the business and entitlement to profits.
Many well-known companies are Corporations. Any individual can own shares at one of these companies without having any responsibility for working there. Features of a Corporation include:
Corporations provide limited liability because shareholders are generally not individually liable for the debts and obligations of the company.

  • Corporations must pay corporate taxes on their own profits (and have extensive filing obligations). Shareholders are taxed separately, if the company distributes dividends to them (or if it pays them a salary, in the case of employee owners).
  • Corporations are most suitable for investments/investors because their structure is designed to distribute ownership. Corporations adhere to a standard structure for the distribution of options to buy that stock, which can then be used to attract, retain, and incentivize key talent, contributing to the success of the business.

Common Features of Corporation

  • State filing fees
  • Certificate of Incorporation
  • EIN number (Tax ID)
  • Bylaws for your corporation

BOOK A FREE CONSULTATION

Get help from an experienced legal adviser. Schedule your consultation at a time that works for you and it's absolutely FREE.

Author
Vipan Singh
Vipan is known for his passion for diversity and his work with corpseed. In his spare time, he is involved with numerous charitable activities and considers his greatest achievement to be the fact that he helps Startups and Entrepreneurs to scale up