Quick Bites:
- Corporations are not “formed” or “certified” they are “incorporated”
- Who makes most of the decisions? Shareholders or directors? ((For small corporations it makes more sense to skip the directorship, if possible in your jurisdiction))
- Corporate Formalities must be followed to ensure limited liability
- Hold annual meetings * Keep minutes of the meetings (signed by the Secretary typically)
- Follow signing requirements in your jurisdiction: oftentimes corporations require two signatures and/or a corporate seal