DroomDroom Knowledge Base
  • ๐Ÿ•ฐ๏ธFUNDAMENTALS
    • ๐ŸŒOverview
    • ๐Ÿš€Our Mission
    • ๐Ÿ’™Core Values
    • ๐ŸŒŸSuccess
  • ๐Ÿ’ผWORK WITH US
    • ๐Ÿ›๏ธTarget Customers
    • ๐Ÿ“บTarget Audience
    • ๐Ÿ”ŠAdvertise with Us
    • ๐ŸŽชEvent Partnerships
      • ๐ŸคPartners
    • ๐Ÿ› ๏ธStudio Services
    • ๐Ÿš€DroomDroom Accelerate
    • ๐Ÿ“ˆDroomDroom Markets Pro
    • ๐ŸŽ–๏ธWinner of Web3
    • ๐ŸŽฏWeb3 Directory
      • ๐Ÿ’ซSteps to Join
        • โœ๏ธStep 1
        • ๐Ÿ“–Step 2
        • ๐Ÿ•ต๏ธStep 3
        • ๐Ÿฅ‚Step 4
        • ๐ŸŒStep 5
    • โ›“๏ธBlockchain Partnership
      • ๐Ÿ’กCase Study: Ultimate Digits
        • ๐ŸงตSponsored Story
        • ๐Ÿ“ขPromotional Steps
        • โญ•Process
  • ๐Ÿ›ฃ๏ธROADMAP
    • โณTimeline
    • ๐ŸงฑPhase 1 (COMPLETE)
    • ๐ŸŽ†Phase 2 (ONGOING)
      • ๐Ÿค–DroomDroom AI
    • ๐ŸงฌPhase 3
    • โ›“๏ธPhase 4
    • ๐Ÿš€Phase 5
    • โ™พ๏ธFuture
  • ๐ŸขORGANIZATION
    • ๐Ÿ›๏ธIncorporation
    • ๐Ÿ–ผ๏ธCulture
    • ๐Ÿ—ปTeam
    • ๐Ÿ“กEditorial Pledge
    • ๐Ÿ“–Employee Handbook
      • ๐ŸŒˆEqual Employment Opportunity
      • โ›”Anti-Harassment Policy
      • โ™ฟReasonable Accommodation
      • ๐ŸฆŽWorkplace Flexibility
      • ๐Ÿ‘ฉโ€๐Ÿš€Recruitment and Onboarding
      • ๐Ÿ”Employee Privacy
      • ๐Ÿ™ŒEmployee Acknowledgment and Agreement
      • ๐ŸŒฑSocial Responsibility and Sustainability
      • ๐ŸšชEmployee Separation and Offboarding
      • ๐Ÿ”šTermination
      • โš–๏ธDisciplinary Actions
      • ๐Ÿ›ƒWorkplace Health and Safety
      • ๐ŸŽˆWork-Life Balance and Employee Engagement
      • ๐ŸŒŽDiversity, Equity, and Inclusion
      • ๐Ÿ’ฐCompensation and Benefits
      • ๐ŸŽฏPerformance Management
  • ๐Ÿซ‚COMMUNITY
    • ๐ŸคGet Involved
    • ๐Ÿช†Guest Contributions
    • ๐ŸŽ—๏ธCommunity Etiquette
    • ๐Ÿ“ฒStay Connected
      • ๐ŸŒWebsite
      • ๐Ÿ•Š๏ธTwitter
      • ๐Ÿ›ฐ๏ธTelegram
      • ๐Ÿ’ผLinkedIn
      • ๐Ÿ“ธInstagram
      • ๐ŸŽ™๏ธPodcast
      • ๐Ÿ”ญGitbook
      • ๐Ÿ—ฃ๏ธFacebook
      • ๐Ÿ“„Medium
      • ๐Ÿ“ฝ๏ธYouTube
      • ๐Ÿ“นTiktok
      • ๐Ÿ”บReddit
      • ๐ŸŽฎDiscord
      • ๐Ÿ’ŒBeehiiv
      • ๐Ÿ”–Substack
      • ๐ŸŽPatreon
      • ๐Ÿ”ฌGithub
      • ๐ŸชžMirror
      • ๐ŸŽขFacebook Group
      • ๐Ÿ”‘LinkedIn Group
      • โœจTelegram Channel
      • ๐ŸŒณLinkTree
  • ๐Ÿ“šRESOURCES
    • โ“Frequently Asked Questions (FAQs)
    • ๐ŸŽจDesign and Branding
  • ๐Ÿ“œTERMS & CONDITIONS
    • ๐Ÿ“‘Terms of Service
    • ๐Ÿ”Privacy Policy
    • ๐ŸšซDisclaimer
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  1. ORGANIZATION

Incorporation

DroomDroom Corporation is registered as a Delaware C-Corp in United States.

Advantages for Investors

  • ๐Ÿข Separate Legal Identity: DroomDroom Corporation, as a C-corp, has its own legal identity, allowing it to sue or be sued, own property, and make contracts independently of its owners.

  • ๐Ÿ›ก๏ธ Limited Liability: Shareholders in DroomDroom Corporation have limited liability, which means their personal assets are protected from the corporation's debts and obligations.

  • โณ Perpetual Existence: DroomDroom Corporation has a perpetual existence, continuing even if owners pass away or shares are transferred.

  • ๐Ÿ”„ Free Transferability of Shares: Shares of DroomDroom Corporation can be freely sold, transferring economic and management rights to the buyer.

  • ๐Ÿ’ผ Attractive to Investors: DroomDroom Corporation, as a C-corp, is more attractive to investors, including venture capitalists, who often prefer investing in corporations over LLCs or S-corps.

  • ๐ŸŒ No Shareholder Restrictions: There are no restrictions on who can own stock in DroomDroom Corporation, unlike the limitations placed on S-corps.

  • ๐Ÿ‘ฅ Separation of Management and Ownership: Shareholders in DroomDroom Corporation do not directly manage the corporation, which is instead managed by a board of directors and appointed officers.

  • โš–๏ธ Well-established Legal Precedents: As a C-corp, DroomDroom Corporation benefits from well-established corporate law, allowing for predictability in legal consequences and decision-making.

  • ๐Ÿ’ฐ Tax Planning Opportunities: Although DroomDroom Corporation is subject to double taxation as a C-corp, it offers a variety of tax planning opportunities that can be advantageous throughout the business life cycle.

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Last updated 2 years ago

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