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South Dakota and Wyoming are the only states that levy neither a corporate income nor gross receipts tax.
There are four general types of corporations in the United States: a sole proprietorship, a Limited Liability Company (LLC), an S-Corporation (S-Corp), and a C-Corporation (C-Corp).
Business Filing Certification Fee Schedule Assumed Name - Chapter 333Mail Filing FeeIn Person and Online Filing Fee (*Not Available online)Articles of Incorporation Original Filing$70.00$90.00Amendment$35.00$55.00Annual Renewal$0$0Annual Reinstatement$0$0160 more rows
Corporation, the group of principal officials of a borough or other municipal division in England. any group of persons united or regarded as united in one body. Informal. a paunch; potbelly.
A corporation is a business entity that is owned by its shareholder(s), who elect a board of directors to oversee the organizations activities. The corporation is liable for the actions and finances of the business the shareholders are not.
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There are generally 6 types of corporations in the United States: sole proprietorship, partnership, LLC, S Corp, C Corp and nonprofit.
The Articles of Incorporation is the document that officially creates your Minnesota corporation. You can file it by mail, in person, or online with the Minnesota Secretary of State. The filing fee is $155 for online and expedited, in-person filings or $135 if filing by mail.
5 Steps to Form a Corporation Choose a business name. Decide what type of corporation youre forming. Choose a registered agent. Draft and file your articles of incorporation. Appoint a board of directors.
How to Form a Corporation in 11 Steps Choose a Business Name. Register a DBA. Appoint Directors. File Your Articles of Incorporation. Write Your Corporate Bylaws. Draft a Shareholder Agreement. Hold Initial Board of Directors Meeting. Issue Stock.
More In File For federal income tax purposes, a C corporation is recognized as a separate taxpaying entity. A corporation conducts business, realizes net income or loss, pays taxes and distributes profits to shareholders.

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