What laws govern the formation of a company?

In New Hampshire, businesses are typically formed under the laws of the Business Corporation Act. These laws provide the framework for creating and running a corporation, including how the company must be set up, how shareholders are paid, and how company funds are managed. In order to form a corporation, the business must first select a name that is different from any other existing entity in the state. Then, the company must file a Certificate of Incorporation with the New Hampshire Secretary of State. This document includes crucial information such as the business’s name and address, the period of its duration, the number of shares of stock it will issue, and the name and address of its registered agent. New Hampshire also requires that businesses pay a filing fee and register with the Department of Taxes. Depending on the type of business, there may be additional steps that must be taken as well, such as obtaining a business license or registering with the Attorney General. Once the business has been properly registered and set up, it must then be able to comply with the various state and federal laws that govern businesses. These laws specify how employees must be treated, what types of documents and records must be kept, and which taxes must be paid. As a corporation, the business must also follow certain formalities such as holding annual meetings and filing important documents with the state. Following these requirements will ensure the business is properly formed and in compliance with the law.

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What laws govern the formation of a company?

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