Incorporationsolution.com provides quick, easy do-it-yourself incorporation kits.




A corporation is a separate legal entity existing under statutory authority granted by law. It has its own identity, distinct and separate from its principals. Begin your Nevada incorporation here!

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Note: We are not engaged in rendering legal, accounting or other professional services. As always, competent tax and legal advice should be obtained. Our service consists of providing incorporation services to businesses seeking incorporation.

 


Incorporated and recognized as a legal entity, a corporation has the authority to engage in any legal activity that the directors may from time to time deem to be in the best interests of the corporation or transact any business as permitted by law and as defined in its own corporate charter and by-laws. For example, a corporation may sue and be sued, enter into contracts, buy and sell both real and personal property anywhere in the world, etc.



In most jurisdictions, an officer, director, employee or designated agent of the corporation can appear in court on behalf of the corporation.



A properly maintained corporation (i.e.’ absence of fraud or “Alter Ego”) is solely responsible for its debts. As a rule, shareholders, directors, and officers cannot be assessed for the corporations’ liabilities. If the corporation suffers losses, the corporation itself must bear those losses to the extent of its own resources, and not the personal assets of the principals. An individual may be held liable for the debts of the corporation where the individual has personally guaranteed the corporations debt.



A corporations’ lifespan may be perpetual. The death or incapacity of the directors, or officers of the corporation does not affect its continuity of life.


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