answersLogoWhite

0

What is a regular corporation?

Updated: 10/24/2022
User Avatar

Wiki User

16y ago

Best Answer

a Corporation is an entity that legally functions separate and apart from its owners.

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a regular corporation?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can corporation be a stockholder in a corporation?

Yes, a corporation can be a stockholder in a regular C corporation. A common form of this is called a "holding company" but other types of companies regularly buy stock in other companies too. However, a corporation cannot own stock of an "S" type corporation. Only actual people can own shares of an S corporation.


What is a franchise and how is it different from a regular business?

It is owned by a single person. Rather than a corporation.


What does the term 'closely held corporation' mean?

Closely held corporation is referred to a company whose shareholders are of a limited number. Its stock is traded on occasion but not on a regular basis.


Whis Derek Dillard's employment status?

Yes, Derek has a regular job working for a major corporation.


What is a definition of small business?

Small business is defined as a privately owned corporation, partnership, or sole proprietorship that has fewer employees and less annual revenue than a corporation or regular-sized business.


Can banks put business credit cards on your personal credit history file?

If it is a proprietorship or partnership they can. They can't if you are operating an LLC or a regular corporation.


What is Crayola sidewalk chalk?

Its regular chalk made by the Crayola corporation. The chalk is also larger in diameter than chalk for a blackboard to make it sturdier.


Why is jollibee foods corporation considered to be in regular foreign marketing phase?

i really don't know that's why were asking you! give us information pls.


What is a professional corporation?

A professional corporation (PC) is a type of legal structure that is specifically designed for professionals in certain fields, such as doctors, lawyers, accountants, and architects. It provides liability protection to its owners, known as shareholders, similar to a regular corporation. However, PCs are subject to additional regulations and restrictions that vary by jurisdiction and profession.


Examples of a corporation?

general corporation Close corporation Limited Liability Corporation


What are the tax liabilities of a firms?

Which firm do you refer to?? Reg C corp, S corp, LLC, or LLP??? A regular corporation , I mean a C corporation, is taxed as a separate entity under the tax laws. Income earned by a corporation is normally taxed at the corporate level using the corporate income tax rates shown in the table below, and the corporation must file a Form 1120 each year to report this income. After the corporate income tax is paid on the business income, any distributions made to stockholders are taxed again at the stockholders' tax rates as dividends. Because of these two levels of tax, a regular corporation may be a less desirable form of business than the other business entities (sole proprietorships, partnerships, limited liability companies, or S corporations). This may be true even though regular corporations are taxed at lower tax rates on their first $75,000 in income.


What is the difference between a stock holder and board member?

A Stockholder is a party (a person or group) who pays money to a corporation in return for part ownership of the corporation. A Stockholder can vote for Board Members, and can attend the corporation's annual meeting to propose and vote on governance measures. A Board Member is one of several officials elected by a corporation's Stockholders according to the terms of the corporation's bylaws. A corporation's Board meets on a regular basis to establish business policies and to oversee the management hired to operate the corporation on a day-to-day basis. A Board Member has a fiduciary duty to see that the corporation is run in the best interests of its owners, the Stockholders; in this fiduciary role, a Board Member is expected to display undivided loyalty to the Stockholders. Failure to uphold fiduciary standards is one of the most serious breaches of business law.