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[Music] hello ladies and gentlemen welcome to official YouTube channel of social enterprise that I see and Im just a feminist Alec and Im gonna talk about what the circuit of incumbency is so according to laws of the Delaware you do not have to write down the all information about your company on certificate of formation instead of certificate of formation you can write down all information on one paper on certificate of income and see you can write down the company owners name shareholders interest rates address of the company your local address and any information you want to put on let me clarify it there are two basic difference between certificate of increment and certificate of formation certificate of formation is the document accepted and approved by state but in third field of incumbency it is accepted and approved by notary of Delaware and you do not have to write down the old information about your company or schedule formation you can just write down the name of it but i