We're Open
+44 7340 9595 39
+44 20 3239 6980

[Solved] Unit VI Mini Project

  100% Pass and No Plagiarism Guaranteed

[Solved] Unit VI Mini Project

Unit VI Mini Project

INSTRUCTIONS:
Establish a Corporation In this exercise you will complete the steps necessary to establish a corporation. Remember, that a corporation does not exist until the corporation documents are both filed and accepted by its home state. You can complete the assignment by using the Secretary of State`s web site in the State of Delaware or the Secretary of State`s web site in the state where you live (or appropriate authority, depending on your state). Allen Smith and Bob Smith ask you to file the necessary corporate documents to form a corporation for the purposes of buying and selling vintage American racing cars within the United States and internationally. This has always been a lifelong dream of theirs, ever since they were children and built model cars as a hobby. They both have $500,000 as initial investment capital and each one has a son who will be a shareholder in the corporation. The Smith brothers would like to make sure that the corporation can be passed on to their sons in the future. They will operate the business out of their garage located at 123 Memory Lane, Orange Beach, Alabama, 36561. They would like to name the corporation Brother`s Automotive, Inc. Allen Smith, Bob Smith and their sons, Chet Smith and Dean Smith, are all residents of Foley, Alabama. The Smiths also request that you research an entity to serve as the Registered Agent for the corporation. PART 1: Describe the process you will need to complete in order to file the documents and have them accepted by the State. Your answer should include the following: A. Research the name to see if it is available. If it is not available, then offer the Smiths two alternative names that are available. B. Identify and describe the documents required to file in the State. C. Identify the various methods that may be utilized to file with the State. D. Identify the fees accompanied with the filing. PART 2: Once you identified the documents necessary to form the corporation in your chosen state, prepare a draft of each document you will file to create the company. PART 3: Identify and describe the documents the corporation will need to file on an annual basis in the future. You may upload the completed documents combined in one single Word or PDF document. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations. Any references or citations must be in the APA style.
CONTENT:
Incorporation Name: Institution: For the smith brother to incorporate their company in the state of Delaware, first things first they will have to have a name search to determine if the name that they choose initially has been registered with, by another company. In case the name is already registered, I would suggest some two other name for their company which are; Smiths Vintage and Smith drift (State of Delaware, 2013). The first document that the company will file is thus, the company name reservation application. This allows the office of the secretary of state to reserve the name for a period not exceeding 120 days. The company will also be required to fill their Memorandum of Association. This is the document that contains the names of the subscribers, that is, the directors who are forming the c...

100% Plagiarism Free & Custom Written,
Tailored to your instructions


International House, 12 Constance Street, London, United Kingdom,
E16 2DQ

UK Registered Company # 11483120


100% Pass Guarantee

STILL NOT CONVINCED?

View our samples written by our professional writers to let you comprehend how your work is going to look like. We have categorised this into 3 categories with a few different subject domains

View Our Samples

We offer a £ 2999

If your assignment is plagiarised, we will give you £ 2999 in compensation

Recent Updates

Details

  • Title: [Solved] Unit VI Mini Project
  • Price: £ 89
  • Post Date: 2021-09-29T07:17:59+00:00
  • Category: Essays
  • No Plagiarism Guarantee
  • 100% Custom Written

Customer Reviews

[Solved] Unit VI Mini Project [Solved] Unit VI Mini Project
Reviews: 5

A masterpiece of assignment by , written on 2020-03-12

I am not good at designing PowerPoint presentations so I took help from Insta Research. The format is cool and attractive. All the information is nicely placed and used. I am looking forward to presenting so that I could demonstrate my presentation and receive good comments. Thank you for help.
Reviews: 5

A masterpiece of assignment by , written on 2020-03-12

The support team is quite friendly and gives you the best solutions. I literally came here crying and went smiling like an idiot. My HR assignment is written beautifully with all the specifications I wanted. This is the best platform to get helped in assignments for me. All the people are supportive. Keep it up you all!