Question

One of the first steps in corporation process is: drafting a prospectus. drafting bylaws. deciding in which state to incorporate. completing the articles of incorporation.

Answer 1

Answer:

Option "C" is the correct answer for the following statement.

Deciding in which state to incorporate .

Explanation:

• There are plenty of advantages of forming a separate business organization or company to run your business, from anonymity to asset protection. Wherever you develop the business matters; certain states are far more accommodating to the sector than others.

• That when a business does a company within the same single state, it has to enter with the federal government, which implies paying taxes and stuffing out the necessary paperwork.

therefore always decide about the state where we wants to starts corporation .