Tuesday, August 27, 2024

What are Articles of Incorporation for Nonprofits?

Understanding Nonprofit Incorporation Definition of Nonprofit Incorporation Nonprofit incorporation is the process of legally forming a nonprofit corporation. A nonprofit corporation is a legal entity that is created under state law and is recognized by the federal government as exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code. Nonprofit incorporation involves […]

source https://incorporatesingapore.com/what-are-articles-of-incorporation-nonprofit/

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Sole Proprietorship vs Incorporation: Choosing the Right Business Structure

Understanding Sole Proprietorship A sole proprietorship is a simple business structure where the owner is the business. The owner has comple...