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Chartered company: A chartered company's nature and powers of business are specified by the charter which establishes it. Royal Chartered Company is another name of the chartered companies. Bank of England, East India Company, British Broadcasting Corporation (BBC), etc. are some examples of chartered companies.

The project charter is a document that appoints a project manager and authorizes the project. It gives the project the green light, and it's the first document you will create when starting with the project. The business case explains what effects the project will have on the business.

While detailed requirements vary from state to state, a corporate charter usually includes the following: Corporation name and address. Purpose of the corporation. For-profit or nonprofit status. Registered agent name and address. Number of authorized shares. Share classes and their par values. Corporate directors.

In 1215, the earliest famous example of a charter was the Magna Carta, which established the rights of the people of England. Colonial charters occurred in the 16th and 17th centuries and established the Thirteen Colonies of America. Today, most corporations need to be granted a charter to be legally recognized.

Articles of incorporation represent a corporate charter—that is, a contract between the corporation and the state. Filing these articles, or “chartering,” is accomplished at the state level. The secretary of state's final approval gives these articles legal effect.

While detailed requirements vary from state to state, a corporate charter usually includes the following: Corporation name and address. Purpose of the corporation. For-profit or nonprofit status. Registered agent name and address. Number of authorized shares. Share classes and their par values. Corporate directors.

In contrast, with a corporate charter in place, the organization can enjoy the advantages that come with being a corporation . In addition to the limited liability of the shareholders, these include tax deductions on expenses, access to capital by selling stock and the flexible transfer of ownership.

A chartered company is an association with investors or shareholders that is incorporated and granted rights (often exclusive rights) by royal charter (or similar instrument of government) for the purpose of trade, exploration, and/or colonization.

The word "company" is synonymous with the word "firm." Some of the most successful corporations in the United States include Amazon, Apple, McDonald's, Microsoft, and Walmart.

It provides a clear statement of the project's goals, scope, and objectives and serves as an agreement between all stakeholders on what needs to be accomplished. A well-crafted charter should provide direction for both the team members and those outside the team who are affected by or otherwise involved in the project.

A project charter needs a business case because it essentially states the reasons for undertaking the project. It helps project managers explain the business needs that the project will meet and the expected financial benefits and return on investment for project stakeholders.

A company's charter document may be needed by the company itself or by a third party. There are a number of reasons why a company would need a copy of its own charter document. For example, a company may be required to provide a copy in order to be registered in a foreign state or obtain a business license.

A form of trading company that developed from the European medieval trading guilds and was prominent in the late 16th and 17th centuries. The discovery by explorers of India and America stimulated individual merchants into forming groups, safeguarded by royal charter in order to monopolize trade.

A corporate charter is a flexible document that an incorporator is required to prepare and file with the Secretary of State in the state of incorporation.

A corporate charter—also known by the term articles of incorporation—is a legal document that the founders of a corporation file with the secretary or registrar of the state in which they intend to operate. Only upon approval of the charter does the business become an officially recognized corporate entity.