Incorporators: Incorporators are the individuals who are responsible for the process of incorporation. They file the necessary paperwork with the appropriate government agency to legally form the corporation. In many cases, the incorporator can be an attorney or a service company that specializes in incorporations. Once the corporation is formed, the incorporator’s role is typically complete. Directors: The board of directors is a group of individuals elected by the shareholders to oversee the management of the corporation. They make high-level decisions and set the strategic direction of the company. Directors are responsible for appointing officers and they have a fiduciary duty to protect the interests of the shareholders. Officers: Officers are individuals appointed by the board of directors to manage the day-to-day operations of the corporation. Common officer positions include the Chief Executive Officer (CEO), Chief Financial Officer (CFO), and Chief Operating Officer (COO). Officers are considered employees of the corporation and they carry out the strategies set by the board of directors. Shareholders: Shareholders are the owners of the corporation. They hold shares of stock, which represent a portion of ownership in the corporation. Shareholders have the right to vote on major corporate decisions, such as electing directors, and they may benefit from the corporation’s profitability in the form of dividends.