What is the ownership and management structure of a corporation?

The ownership and management structure of a corporation is different from other business entities. The owners of a corporation are shareholders (also known as stockholders) who obtain interest in the business by purchasing shares of stock.

Who legally owns a corporation?

If you want to know who legally owns a corporation, you can search through various public records to identify the owner (s) of a business. Specifically, a corporation is a type of legal business structure that requires several ongoing corporate formalities along with complex tax rules.

How does ownership of a corporation work?

Each owner of the corporation generally owns a percentage of the company based on the number of shares they hold. Since corporation shares are easy to buy or sell, ownership of a corporation is easily transferable. This is especially helpful for business continuity and longevity. Did You Know?