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In the recent lessons, we've discussed business structures, specifically focusing on companies and how they differ from sole traders and partnerships. A company is recognized as a separate entity from its owners, necessitating a formal incorporation process. This lesson will outline what the incorporation process entails, including the necessary steps and requirements to establish a company. Additionally, we will cover the specific requirements that apply solely to public companies. The goal is to provide clarity on forming a company efficiently and understanding the distinctions involved.
