6 business formation terms starting with F — plain-language definitions for founders incorporating across jurisdictions.
The US federal filing required from most companies under the Corporate Transparency Act, disclosing the natural persons who ultimately own or control the entity.
A tax system that applies a single uniform rate to all taxable income, without progressive brackets and often with limited deductions.
A 2010 US tax law that requires foreign financial institutions to identify and report financial accounts held by US persons.
A short SEC notice filed by US private issuers within 15 days of selling securities under Regulation D, the most common exemption from full SEC registration used by startups raising venture capital.
A US Customs-supervised area where imported goods are treated as outside US customs territory for duty purposes, allowing duty deferral, reduction, or elimination on re-exported merchandise.
A geographically defined area where companies operate under a separate regulatory and tax regime, typically with 0 percent corporate tax, full foreign ownership, and customs exemptions.
