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Corporation - Wikipedia A corporation or body corporate is an individual or a group of people, such as an association or company, that has been authorized by the state to act as a single entity (a legal entity recognized by private and public law as "born out of statute"; a legal person in a legal context) and recognized as such in law for certain purposes [1]: 10 Early incorporated entities were established by
What Is a Corporation? Definition, Types, and How It Works | CFI What Is a Corporation? A corporation is a legal business structure that operates independently of its owners, offering limited liability and the ability to own assets, pay taxes, and enter into contracts
What is a Corporation and What Are the Different Types? A Comprehensive . . . A corporation is a legal entity created to conduct business, separate from its owners Explore the different types, including C Corps, S Corps, and Nonprofits, and learn how each structure impacts taxes, liability, and governance, helping you choose the right setup for your business needs
CORPORATION 释义 | 柯林斯英语词典 a legal entity that exists independently of the person or persons who have been granted the charter creating it and that is invested with many of the rights given to individuals: a corporation may enter into contracts, buy and sell property, etc
Forming a corporation - Internal Revenue Service In forming a corporation, prospective shareholders exchange money, property, or both, for the corporation's capital stock A corporation generally takes the same deductions as a sole proprietorship to figure its taxable income A corporation can also take special deductions For federal income tax purposes, a C corporation is recognized as a separate taxpaying entity A corporation conducts