The Way A Corporation is Formed
And also must have incorporation rules and have a board of directors meeting.
Also in the forming of a corporation the corporation must be registered with the laws from the state that their in and their name of the corporation should end with incorporated or corporation.
Advantages and Disadvantages Of A Corporation
The disadvantages of a corporation is that a corporation requires more money and time to perform smaller business structures.
Also a corporation requires more paperwork for the governmental agencies.
Corporations can be double taxed meaning they can be taxed when they receive income and taxed again when profits are distributed.