Tag: corporation

Tag: corporation

Personal Real Estate Corporations (PRECs) are here! What are they and how are they different from any other corporation?

Prior to the end of 2001, professionals could not incorporate their practices except as allowed by the laws that regulated their specific profession (all compliant professional...

Professional Corporations: What are they and how are they different from any other corporation?

Prior to the end of 2001, professionals could not incorporate their practices except as allowed by the laws that regulated their specific profession (all compliant professional...

PARTNERSHIPS: Limited Partnerships (LP) vs. Limited Liability Partnerships (LLP)

Limited partnerships are formed to carry on any business that a general partnership can also do. Its principal feature is that the liability of each limited...

CORPORATE GOVERNANCE: Choosing your managers from those who are actors and those who can act!

Some may argue that those who can manage over others can direct, and those who can direct can facilitate exceptional performances.  Actors or actresses who win...

THE SHAREHOLDERS AGREEMENT: The most important agreement of your Company!

First and foremost a contract, a shareholders agreement has all the ingredients thereof, for it to be binding and legal.  There is an offer and acceptance,...