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FI CCI 9th Annual Healthcare Excellence Awards 2017 Application formation 1 Participant Information Name of participating entity * Name of Corporate or Group, Parent company or Trust If part of a
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A company is a legal entity formed to conduct business, capable of rights and obligations. A trust is a fiduciary relationship where a trustee holds assets for the benefit of beneficiaries.
Companies and trusts must file depending on their formation and operational jurisdiction, typically including corporations, partnerships, and certain professional entities.
Fill out the company's or trust's formation documents and tax-related forms according to the respective jurisdiction's requirements, providing all necessary details about ownership and operational structure.
The purpose of a company is to engage in business activities for profit, while a trust is designed to manage assets for the benefit of specific individuals or entities.
Companies typically must report financial statements, ownership details, and corporate governance structures, while trusts need to disclose beneficiaries, asset management details, and trustee information.
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