Incorporation of Private Limited Company: A Comprehensive Guide

Understanding Private Limited Companies Definition and Characteristics A private limited company is a type of corporate entity that is privately held by a small group of individuals. It is a legal entity that is separate from its shareholders and has limited liability for its debts and losses. In a private limited company, shares are not […]

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Articles of Incorporation Example: A Guide to Effective Business Formation

Establishing the Corporate Identity Successfully establishing a corporate identity is a fundamental step for any entity aiming to define its business’s legal persona. Key aspects include selecting an appropriate company name, designating a dependable registered agent, and providing an official address. Naming the Corporation Choosing a company name is the initial task in laying down […]

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How to Get Incorporation Number: A Step-by-Step Guide for Businesses

Understanding the Incorporation Process Before diving into the incorporation process, it’s essential to know that choosing the right business structure and company name are foundational steps. These critically affect how a company in Singapore operates, its level of liability, and its image in the marketplace. Determining the Business Structure The choice of a business structure […]

source https://incorporatesingapore.com/how-to-get-incorporation-number/

How Long Does a Corporation Last?

Corporation Fundamentals Definition and Legal Structure A corporation is a legal entity that is separate and distinct from its owners. It is formed by filing articles of incorporation with the state in which it is headquartered. Once formed, a corporation can enter into contracts, sue and be sued, and own property. A corporation can also […]

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Incorporated vs Unincorporated: Understanding the Differences

Defining Incorporation and Unincorporation When starting a business, one of the most important decisions to make is whether to incorporate or remain unincorporated. Incorporation refers to the process of creating a legal entity that is separate from its owners, while unincorporation means that the business is not a separate legal entity from its owners. Characteristics […]

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What is Corporation Tax? Meaning and Explanation

Understanding Corporation Tax Definition and Principles Corporation tax is a tax imposed on the profits earned by companies and corporations. It is a form of direct tax that is levied on the taxable income of a company or a business entity. The government uses corporate tax to raise revenue and fund public services such as […]

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Pre Incorporation Profit: What It Is and How to Handle It

Pre-Incorporation Profit Explained Definition and Importance Pre-incorporation profit refers to the profit earned by a company before it is officially incorporated. This profit is earned during the period between the conception of the business idea and the actual registration of the company. It is important to note that pre-incorporation profit is not legally available for […]

source https://incorporatesingapore.com/pre-incorporation-profit/