Corporation

Pengertian Corporation:

A corporation is a company or group of people authorized to act as a single entity (legally a person) and
recognized as such in law. Early incorporated entities were established by charter (i.e. by an ad hoc act granted
by a monarch or passed by a parliament or legislature). Most jurisdictions now allow the creation of new
corporations through registration.

Corporations come in many different types but are usually divided by the law of the jurisdiction where they are
chartered into two kinds: by whether or not they can issue stock, or by whether or not they are for profit.

Where local law distinguishes corporations by ability to issue stock, corporations allowed to do so are referred to
as "stock corporations", ownership of the corporation is through stock, and owners of stock are referred to as
"stockholders." Corporations not allowed to issue stock are referred to as "non-stock" corporations, those who
are considered the owners of the corporation are those who have obtained membership in the corporation, and
are referred to as a "member" of the corporation.

Corporations chartered in regions where they are distinguished by whether they are allowed to be for profit or not
are referred to as "for profit" and "not-for-profit" corporations, respectively.

There is some overlap between stock/non-stock and for profit/not-for-profit in that not-for-profit corporations are
always non-stock as well. A for profit corporation is almost always a stock corporation, but some for profit
corporations may choose to be non-stock. To simplify the explanation, whenever "stockholder" is used in the rest
of this article to refer to a stock corporation, it is presumed to mean the same as "member" for a non-profit
corporation or for profit, non-stock corporation.

Registered corporations have legal personality and are owned by shareholders[1][2] whose liability is limited to their
investment. Shareholders do not typically actively manage a corporation; shareholders instead elect or appoint
a board of directors to control the corporation in a fiduciary capacity.

In American English the word corporation is most often used to describe large business corporations.[3] In British
English and in the Commonwealth countries, the term company is more widely used to describe the same sort of
entity while the word corporationencompasses all incorporated entities. In American English, the
word company can include entities such as partnerships that would not be referred to as companies in British
English as they are not a separate legal entity.

Despite not being human beings, corporations, as far as the law is concerned, are legal persons, and have many
of the same rights and responsibilities as natural persons do. Corporations can exercise human rights against
real individuals and the state,[4][5] and they can themselves be responsible for human rights
violations.[6] Corporations can be "dissolved" either by statutory operation, order of court, or voluntary action on
the part of shareholders. Insolvency may result in a form of corporate failure, when creditors force the liquidation
and dissolution of the corporation under court order, [7] but it most often results in a restructuring of corporate
holdings. Corporations can even be convicted of criminal offenses, such as fraud and manslaughter. However
corporations are not considered living entities in the way that humans are. [8]
Kind of Corporation :

a. Buisness Corporation : perusahaan yang berasal dari keg. Komersial untuk mendapatkan
laba
b. C. Corporation : berasal dari saham dan pajak
c. Close Corporation : perusahaan yang dirintis dr kekeluargaan
d. Controlled Corporation : Firma
e. Cooperative Corporation : Sebuah perusahaan yang inti organisasi untuk memberikan jasa
dan servis
f. Foreign Corporation : Perusahaan asing
g. Non profit corporation : untuk mensejahterakan pegawai
h. Private Corporation : Perusahaan yang didirikan oleh individual
i. Profesional corporation : Perusahaan yang sudah mempunyai sertifikat internasional
j. Public Corporation : Perusahaan yang berhubungan dengan perusahaan umum
k. S. Corporation : Pemasukan perusahaan berasal dari pemasukan saham

How to form Corporation

1. Choose a Corporate name

2. Ensure the name complite with your states corporation guidelines
3. Check the availibility of a web domain for the name
4. Register the name with your state goverment
5. Select a board of directors for your corporation
6. Procure any necessary permits or licens
7. Complete and file your corporations article of incorp
8. Pay filling

Setting Up Your corporation after filling

a. Prepare your corporations by lawn

b. Converse with the board of directors
c. Consider operating as C Corporation
d. Consider Operating as S Corporation
e. Dtermine to operate as C or S corporation
f. Distribute stock certificates to the corporate shareholders
g. Create a stock purchase agreement
h. Record any assigned patents or trademarks