Formation of Companies Introduction Associations of persons can take numerous forms. When discussing associations set up for the purpose of conducting trade‚ one considers three principle forms of partnership; partnership en nom collectiff; partnership en commandite and limited liability companies‚ with the latter being the most popular choice. A company is formed by the registration of certain documents with the Register of Companies as per article 76 (1). In instances of public or private companies
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«Unitel» Limited Liability Company Content Page Introduction 2 Section A – External business environment 2 Political environment 2 Privatization Policy 2 Legal control and protection 2 Economical environment 3 Macroeconomics 3 Gross Domestic Production 3 Unemployment rate 4 Inflation rate 4 Currency Exchange rate 5 Taxes 5 Microeconomics 6 Market share 6 Socio-cultural environment 7 Population break-down 7 Technological environment 8 Section B – Internal organization
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FUNDAMENTALS OF Corporate Finance Jonathan Berk Stanford University Peter DeMarzo Stanford University Jarrad Harford University of Washington ISBN 0-558-65200-X Fundamentals of Corporate Finance‚ by Jonathan Berk‚ Peter DeMarzo‚ and Jarrad Harford. Published by Prentice Hall. Copyright © 2009 by Pearson Education‚ Inc. Editor in Chief: Donna Battista Sr. Development Editor: Rebecca Ferris Market Development Manager: Dona Kenly Assistant Editors: Sara Holliday‚ Kerri McQueen Managing
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will also provide hotels and lodging. Ownership and company structure This service company will be owned by Hillary Hoffman‚ and assisted by trained hired employees. The company structure will be a Limited Liability Company; this will offer the owner of this service protection from personal liability form the business debts. The owner will not be liable for the debt‚ or any claim on the business. There is less hassle in setting up an
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grants to help you get started. There are many different ways of earning capital to get your business going. Step 5: Determine the Legal Structure of Your Business Decide which form of ownership is best for you: sole proprietorship‚ partnership‚ Limited Liability Company (LLC)‚ corporation‚ S corporation‚ nonprofit or cooperative.
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everything you’ll do. You’ll use this as a tag line when meeting business people as you market your business or as an introductorily statement presented to a lender. Structure Define your business as a Sole Proprietorship‚ Partnership‚ C Corporation‚ S Corporation or Limited Liability Corporation. To accomplish this will require the skills and expense of a good attorney specializing in small business. Management You’ll need bios and resumes on your principal team players‚ including details of their
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EXECUTIVE SUMMARY Project Summary Hurricane Apartments LLC is the proposed new construction of 280 rental apartments and 3 retail stores. The subject will consist of 150 one bedroom and 130 two bedroom units. In-unit amenities at the property include: central heat and air conditioning‚ a frost-free refrigerator with icemaker‚ a dishwasher‚ a self-cleaning oven/range‚ and a full-size washer/dryer set. Common amenities include: 24 hour doorman concierge‚ health and fitness center‚ children’s
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name of the company? ____________________________________________________________________________________________________________________________________ 2] What is category of the company? a) Corporation [ ] b) Limited Liability Company [ ] c) Partnership Firm [ ] d) Sole Proprietorship [ ] 3] How old your company is? a) 1 to 3 year [ ] b) 3 to 5 year [ ] c) 5 to 8 year [ ] d) 8 to 10 year [ ] 4] The company is‚ a) Private Ltd. [ ] b) Public Ltd. [ ]
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dividends are not taxed Double taxation is levying of tax by two or more jurisdictions on the same declared income (in the case of income taxes)‚ asset (in the case of income taxes)‚ or financial transaction (in the case of sales taxes). This double liability is often migrated by tax treaties between countries. Example: You decide to set up a corporation and have a profit of 1‚000‚000 in the first year. Suppose the government taxes corporate profits at 30%‚ then the corporation has to pay 300‚000 in
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tax rate on dividends is 15%‚ and the personal tax rate on non-dividend income is 36%. What is the after-tax amount an individual would receive from the dividend? Concept check questions 1. What is a limited liability company (LLC)? How does it differ from a limited partnership? 2. What are the main
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