New Corp

Assignment 1: New Corp
Professor Kenneth Lavery
ACC565:Organizational tax research & Planning
February 3, 2012

Introduction
With the help and investments (money) from five (5) friends and me, we have decided to nisus our own stage business. Together we have $4.6 million to get our peril off the ground and a year before the doors open. The business we are opening is a womans wellness and fitness decoct. The eye allow for cater to all women lacking to become thinking(a) and improve their eubstance and maintain healthy. The center provide offer a full service gym, private trainers for those interested, spa, on site daycare for women with children (members), and also a captain nutritionist. The name of the center is Better Bodies Fitness Center; the center will focus mainly on improving the body and way for women to become physically fit. Other health issues that will be addressed at the center include: take in habits and healthy living. Woman will be able to make believe out in facility free of males and gain knowledge on how to become healthy and maintain a healthy weight.
How corporation is formed & complying with regulations.
Better Bodies is being registered in York, sulphur Carolina; hence this is the state in which the business is being incorporated.



federation Carolina requires the name of the new business to be unique and not confused with other registered corporate names. The filing requirements include term of Incorporation that is signed by an attorney to be filed. Bette bodies will have to decide on the number of directors/officers in this sheath this would be 6 (six). To ensure we are complying we will puzzle out closely with our attorney who will file the proper forms. not only will our attorney file proper forms he will also discuss with us the classes of stock issued by the corporation and the number of stock issued. The basic steps ask to incorporate in South Carolina include (My New Company, 2012):
1) rag sure your company name is available.
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