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Key Takeaways
- Incorporation is the way that a business entity known as a corporation is formally organized and officially brought into existence.
- The process of incorporation involves writing up a document known as the articles of incorporation and enumerating the firm's shareholders.
www.investopedia.com/terms/i/incorporate.asp- People also ask
Incorporation: Definition, How It Works, and Advantages
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WEBFeb 25, 2019 · If you are considering incorporating your business, it simply means you are creating an entity that is legally separate from you. A corporation can own property and sign contracts, it can be sold and …
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WEBFeb 29, 2024 · 1. Choose a business name. 2. Register a DBA. 3. Appoint directors. 4. File your articles of incorporation. 5. Write your corporate bylaws. 6. Draft a shareholder agreement. 7. Hold initial board of …
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