In Pennsylvania, when two or more people start a business without formalizing their arrangement, it is automatically considered a general partnership.
In a Pennsylvania general partnership, profits are typically distributed equally among partners unless otherwise agreed.
To form a corporation in Pennsylvania, the founders must file Articles of Incorporation with the state.
A registered agent is responsible for receiving service of process, legal documents, and official government notifications for the business entity.
A benefit corporation in Pennsylvania is a type of for-profit corporation that has a legal obligation to pursue a specific public benefit alongside profit.
