What does CO mean in BUSINESS

A company is a legal entity that is separate and distinct from its owners or shareholders, who are referred to as the "members" of the company. Companies are formed and regulated under the laws of their home jurisdiction.

Companies are typically formed by filing articles of incorporation with the appropriate government agency in the jurisdiction where it will operate. This may involve registering with business licensing offices or filing paperwork with local secretaries of state or other regulatory agencies.

The requirements vary by jurisdiction but generally include submitting Articles of Incorporation that provide information about the proposed business. This often includes naming directors, setting up corporate structure, outlining shareholder agreement and any other relevant information required by law.

Company directors typically manage a company. Directors have legal obligations to act in good faith in the best interests of their company's members (shareholders). The board also has responsibility for making sure that financial accounts are kept properly and submitted promptly when due for filing with regulatory authorities like HMRC in England & Wales.

Examples of companies include corporations, limited liability companies (LLCs), partnerships, sole proprietorships and others depending on individual jurisdiction's regulations on types of businesses allowed to form within it's territory/region.