Notion that corporations can have some legal rights, responsibilities and accountability.
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The form of the business entity may dictate how it is operated.
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Some states have begun to levy taxes on the business entity itself.
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This strips away the protections that the business entity provides its owners.
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The owners of the business entity must agree to dissolve.
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Wren was formally founded as a business entity in 2016.
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An undercapitalized business may result in a loss of protection provided by the business entity.
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You should know whether your state will tax your business entity before setting it up.
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The choice of business entity often dictates the manner in which the business is operated.
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Patricia had family wealth, she administered her assets through a business entity of that name.
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An attorney can make sure that you choose a business entity that is right for you.
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S-corporations are a form of business entity that passes profits on to business owners as personal income.
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DON'T assume that the business entity you choose is authorized to do business in other states as well.
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DO strictly meet the state requirements if your business entity is required to file organizing documents with the state.
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The preconditions to forming and conducting a business entity in one state may not be accepted in another state.
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As a business entity it will be folded into SpringSource, though the GemStone nameplate may be retained, Johnson said.
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Once filed and approved by the state, the articles of incorporation legally create the corporation as a registered business entity within the state.