what is corporation
Querist : Anonymous
However generally Corporation Set Up A Corporation is a separate legal entity. It is formed by filing corporate organization forms in the state where the corporation is located, and by designating shareholders, each with a specific number of shares. The corporation also creates a Board of Directors to oversee the corporate business.
As per my understanding corporation is a much wider term then a company.
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Regards
There is no major difference if you want to incorporate with corporation the minimum capital of 5 crores and there is no need to have such capital for limited company.
Regards
CS Ajay Mishra
Querist : Anonymous
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