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Incorporation Definition

Incorporation is the legal process used to form a corporate entity or company. A corporation is the resulting legal entity that separates the firm's assets and income from its owners and investors. Corporations can be created in nearly all countries in the world ……

The Difference Between Inc. & Ltd. & Co. Chron.com

Inc. is the abbreviation for incorporated. An incorporated company, or corporation, is a separate legal entity from the person or people forming it. Directors and officers purchase shares in the business and have responsibility for its operation. Incorporation limits an individual's liability in case of a lawsuit.…

What Does Inc. Mean?

LLC is an abbreviation that means the company is a limited liability company. This type of company is owned by its members and it has pass-through tax liability, which means the company does not pay taxes on income, but the members do. Members are protected from liability, which lies with the company.…

What Does "inc." Mean? Reference.com

A company with a name that ends in "inc." is incorporated, giving its owners, officers and investors specific legal advantages. Essentially, these key people in the business have no personal liability in the event that the business fails or assets are seized due to mismanagement or unpaid debts.…

What is Incorporated Business? Webopedia Definition

An incorporated business (also called a corporation) is a type of business that offers many benefits over being a sole proprietor or partnership, including liability protection and additional tax deductions. Forming a corporation also allows you raise capital through sale of shares of your company. C Corporation: the most common business entity.…

Company Definition - Investopedia

A company is a legal entity formed by a group of individuals to engage in and operate a business—commercial or industrial—enterprise. A company may be organized in various ways for tax and financial liability purposes depending on the corporate law of its jurisdiction.…