A corporation is a legal entity, created by state law with all the rights, privileges and responsabilities of a natural person but having limited liability, centralized management, continuity of life and fee transferability of interest.

A for profit corporation is a corporation created for the purpose of conducting business in the widest sense of the term. In Florida, such a corporation may be organized generally under Charpter 607 but may take on special attributes as prescribed by other sub chapters.

A not for profit corporation is a corporation created for religious, education or charitable, purpose which are generally formed under Chapter 617 but may take on special attributes as prescribed by sub chapters.

A foreign corporation is a corporation authorized by any jurisdiction other than Florida, to transact business.

An alien corporation is any corporation authorized by any jurisdiction other than; the United States, any state, the District of Columbia, Puerto Rico, Guam or any possession or territory of the United States, to do business.