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Sentences with CLOSE-CORPORATION

Check out our example sentences below to help you understand the context.

Sentences

1
"A close corporation is a private company that is owned by a small group of shareholders."
2
"In a close corporation, the shareholders are typically family members or close friends."
3
"One advantage of a close corporation is that it allows for greater control and decision-making power for the shareholders."
4
"The shareholders of a close corporation are not required to disclose financial information to the public."
5
"Shareholders of a close corporation may have different voting rights based on their ownership percentage."
6
"The governance of a close corporation is typically outlined in the company's bylaws."
7
"In some jurisdictions, close corporations are also known as privately held corporations."
8
"A close corporation can provide tax advantages for its shareholders."
9
"The shareholders of a close corporation have limited liability for the company's debts and obligations."
10
"Choosing to form a close corporation requires specific legal documentation and filings."
11
"A close corporation can transition into a publicly traded company through an initial public offering (IPO)."
12
"The formation of a close corporation may require a minimum number of shareholders."
13
"In a close corporation, disputes between shareholders can often be resolved internally without involving the court."
14
"The shareholders' agreement is a crucial document in a close corporation, outlining the rights and responsibilities of the shareholders."
1
"A close corporation is a type of business that has a limited number of shareholders."
2
"In a close corporation, the shares are typically held by a small group of individuals."
3
"One advantage of a close corporation is that it allows for greater control and decision-making power for the shareholders."
4
"To start a close corporation, the shareholders must file specific documents with the appropriate government agency."
5
"Shareholders of a close corporation may have restrictions on selling or transferring their shares."
6
"The shareholders of a close corporation are typically involved in the day-to-day operations of the business."
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