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Showing posts from September, 2024

Fintech

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Global standard: convenience, efficiency, fairness, safety standard of voluntary acceptance the law of survival the tendency of a powerful nation to become a global standard strategic tools for survival in the global market Fintech: financial/finance + technology collectively refer to new services and technologies that have never been delivered before over the past five years (2008-2013) global fintech investment has more than tripled Some types of payment methods: Samsung Pay Apple Pay Alibaba (Alipay) Kakaopay

Procedures for Establishing Corporations

 Procedures for Establishing Corporations: Company Name Selection preparation of articles of incorporation payment of fees and taxes holding a general shareholders' meeting adoption of bylaws, appointment of board members, and passage of operational agenda

The Ownership Structure Of a Company

 Sole Proprietorships:      A form of enterprise established, owned, and operated by one person.  Advantages: It is easy to establish and less expensive. All profits go to the owner. Have direct control. Free from government regulation. There is no particular tax burden. It is easy to dismantle the business. Disadvantages: The burden of responsibility is high. It takes work to secure funds. Management experience could be more substantial It isn't easy to secure an excellent workforce. You have to sacrifice your time. The company's lifespan is unstable. All losses are the sole responsibility of the owner.