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Encyclopedia > Corporate

Corporate may refer to either


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Corporation Law Resources | Corporation Attorneys | Business.com (896 words)
Once these roles are assigned, the corporation will hold the first meeting of the board of directors and assign stock to its shareholders.
File the paperwork No matter what type of corporation you form (C, S or limited liability); it does not exist until the paperwork is filed with the state of incorporation.
Corporations are automatically in the C class unless they elect to become S corporations.
Corporation (372 words)
Corporations enjoy most of the rights and responsibilities that an individual possesses; that is, a corporation has the right to enter into contracts, loan and borrow money, sue and be sued, hire employees, own assets and pay taxes.
A corporation is created (incorporated) by a group of shareholders who have ownership of the corporation, represented by their holding of common stock.
Although a corporation does not necessarily have to be for profit, the vast majority of corporations are setup with the goal of providing a return for its shareholders.
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