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Articles of Dissolution Form for Corporation Dissolution

When a business, organization or corporation ceases to carry on its business or plan for dissolution to avoid the cost and filing of annual tax and corporation taxes, the Board of Directors or shareholders may opt for the dissolution or terminate its existence. It is necessary to remember that, before carrying out the dissolution process, [...]

Waiver of Notice of Special Shareholders Meeting Regarding S-corporation Status

You may be creating a new company, which may be a Regular Corporation or S-Corporation. But, it is also necessary that, to get the S-Corporation status, it is necessary that the share holders must pass a resolution, approving S-Corporation status. For this reason, the best procedure to get the approval is to send, “Notice of [...]

Pre-Incorporation Stock Subscription Agreement

A new corporation is created by the promoters, who are also involved in securing capitalization for the corporation through subscriptions. These reasons makes it necessary to draw up a Stock Subscription Agreement, Pre-Incorporation, which spells out the duties and compensation of the promoters. Though this Agreement is created before the incorporation of a corporation, it [...]

Stock Certificate to Show Ownership of Stock Shares

You may have subscribed to the new stock share issue of a company and allotted certain number of stocks or you may have bought the stocks of a corporation and they issued you Stock Certificate. But, what are Stock Certificates? As per Corporate law, a Stock Certificate can be termed as legal document that specifies [...]

Share Purchase Warrant Form

It is common procedure of corporations to issue bonds or preferred stocks to stockholders, which offers common stock conversion option or purchasing of stocks at favorable prices. In case of Convertible bonds, it provides opportunity  to convert it at specific price during stipulated time period. Stock Purchase Warrants are given with bonds or preferred stock [...]

S-Corporation Information

S-Corporation is differentiated from other corporations as per its federal tax structures and it is recognized by U.S. Internal Revenue service. A standard corporation pays federal and state tax on business profits. If after tax profit is distributed among shareholders then, they become liable to pay additional tax on the dividends paid to them. They [...]

S-corporation Checklist for Your Corporate Incorporation

S-Corporation is differentiated from other corporations as per its federal tax structures and it is recognized by U.S. Internal Revenue service. A standard corporation pays federal and state tax on business profits. If, after tax profit is distributed among shareholders then, they become liable to pay additional tax on the dividends paid to them. They [...]

Receipt for Stock Certificate for Share Ownership

You may have subscribed to the new stock share issue of a company and allotted certain number of stocks or you may have bought the stocks of a corporation and they issued you Stock Certificate. But, what are Stock Certificates and why Receipts for Stock Certificates are essential? As per Corporate law, a Stock Certificate [...]

Pre-Incorporation Agreements

When partners plan to incorporate a corporation, it becomes necessary to draw up a Pre Incorporation Agreement, which clarifies the terms of the partnership. Though, it is not necessary or legal requirement to spell out these terms through, Pre Incorporation Agreement because all necessities are covered in the Final Incorporation Agreement. But, Pre Incorporation Agreement [...]

Postal Ballot for Corporate Resolution Approval

Corporate resolutions are formal actions and decisions of a corporate, approved by the Board of Directors and occasionally Shareholders. Such resolutions are necessity during numerous situations, for covering of specific transactions. These resolutions are in the form of legal documents, voted at the meeting of Board of Directors or by the shareholders. The Shareholders Resolution [...]

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