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Sample Corporate Records for a Hawaii Professional Corporation

Sample Corporate Records for a Hawaii Professional Corporation

Name: Sample Corporate Records for a Hawaii Professional Corporation
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.62 (451 reviews)

Category:

Hawaii Corporations - Professional - Corporate Records

State:

Hawaii

Control #:

HI-PC-CR

Format:

Instant download

Description

Sample Corporate Notices of Meetings, Resolutions, Simple Stock Ledger & Certificate.

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FAQ

The IRS categorizes professional corporations as C corporations. They are considered taxpayers and must pay income taxes at the corporate rate. In some states, physicians are not allowed to form professional corporations and must instead establish professional associations.

A corporation is created when it is incorporated by a group of shareholders who have ownership of the corporation, represented by their holding of common stock, to pursue a common goal.A corporation can have a single shareholder or several. With publicly traded corporations, there are often thousands of shareholders.

Professional corporations or professional service corporation (abbreviated as PC or PSC) are those corporate entities for which many corporation statutes make special provision, regulating the use of the corporate form by licensed professionals such as attorneys, architects, engineers, public accountants and physicians

A professional corporation is a variation of the corporate form available to entrepreneurs who provide professional servicessuch as doctors, lawyers, accountants, consultants, and architects.In a professional corporation, the owners perform services for the business as employees.

To register a Domestic Profit Corporation in Hawaii, you must file the Articles of Incorporation (Form DC-1), along with the appropriate filing fee(s) with the Department of Commerce and Consumer Affairs (DCCA), Business Registration Division. Registrations can be filed online, or by email, mail, or fax.

Personal Service Corporation. A professional corporation is a business entity composed of specific types of professionals, set up according to state law.A personal services corporation is a taxing entity set up under the regulations of the IRS.

You can have a single-owner corporation. But if these steps sound a bit like overkill for your one-person business, you might want to consider forming a Limited Liability Company (LLC) instead. The LLC structure still separates you from the business to minimize your personal liability.

Choose a Business Name. Check Availability of Name. Register a DBA Name. Appoint Directors. File Your Articles of Incorporation. Write Your Corporate Bylaws. Draft a Shareholders' Agreement. Hold Initial Board of Directors Meeting.

A professional corporation is one that only performs services in one, single profession. It is a specific type of corporation for professionals like doctors, lawyers, accountants, etc. The professional is able to form a corporation, but the professional remains liable for his or her own actions.

Sample Corporate Records for a Hawaii Professional Corporation

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How to fill out Sample Corporate Records For A Hawaii Professional Corporation?

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Is a professional corporation AC Corp or S Corp?

What is a corporation and how is it formed?

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