A corporation is a legal entity granted authority by a federal, state or
provincial government. A primary reason for forming a corporation, or
incorporating, is the concept of limited risk. There are,
however, many other reasons to incorporate a business, such as the ability
to issue stock. See
Business
Incorporation & Incorporating - Forms of Corporations for
more details on corporations.
Because a corporation is a complex legal entity, it is more expensive and
more complicated to set up and operate than a sole proprietorship,
partnership or limited liability company. A corporate charter,
otherwise known as articles of incorporation, which describes the
purpose, place of business and other details of the pending corporation,
must be drawn up and filed with required fees in the state or province
where incorporation is to occur.
Despite the complexity of incorporating a business, it is possible to
incorporate your business online without a lawyer. If you are thinking
of incorporating in a state other than the one in which you are located
or perform the majority of your business, and just to be sure you
understand the requirements for incorporation, you might want to confer
with an attorney specializing in incorporation.
Follow links to the right to learn more about websites and articles that can help you incorporate your business online.
At the left margin, Related Links address topics of interest
pertaining to business and ecommerce.
Our Business Center provides tools for small business proprietors and
business startups. We have amassed a collection of resources and
services that should be included in any entrepreneur’s arsenal.
Our Business Law section identifies areas of business requiring
legal expertise and provides resources you can use both to become better
informed and to accomplish those legal transactions necessary for the
operational success of your business. View the
Business Law SiteMap
for a complete list of business law topics.
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