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Designators that imply the company is a business entity other than what it is officially registered to be (e.g., An LLC may not use Inc.
Incorporated companies have more stringent legal formalities than LLCs. They must adhere to specific corporate governance rules, hold regular shareholder meetings, maintain detailed records, and file annual reports. LLCs can choose to be taxed as a sole proprietorship, partnership, S corporation, or C corporation.
What is an Inc.? Inc. is short for incorporated, and it is the abbreviation that is often used to indicate that a business is a corporation.
A C corporation (Inc.) is a standard corporation and the default business type when you incorporate. In the United States, C corporations are the most common types of corporation. Owners are called shareholders, and they elect directors to handle day-to-day business operations.