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WebMar 14, 2024 · A corporation is a legal entity created by individuals, stockholders, or shareholders, with the purpose of operating for profit. Corporations are allowed to enter into contracts, sue and be sued, own assets, remit federal and state taxes, and borrow money from financial institutions. The creation of a corporation involves a legal process called ... WebOct 2, 2024 · You may only need one board member or may need three or more. 3. File Articles of Incorporation. To create a new corporation you will file a legal document called … foam packaging specialties tempe az
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