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What is an example of Inc?

The following steps are involved in the incorporation of a company. Ascertaining Availability of Name. Preparation of Memorandum of Association and Articles of Association. Printing, Signing and Stamping, Vetting of Memorandum and Articles. Power of Attorney. Other Documents to be Filed with the Registrar of Companies.

Is Inc same as LLC?

Incorporation has many advantages for a business and its owners, including: Protects the owners assets against the companys liabilities. Allows for easy transfer of ownership to another party. Often achieves a lower tax rate than on personal income.

Whats the difference between Inc and co?

Benefits of Company Incorporation Helps to generate capital. Separate entity. Limited liability. Transferability of shares. The double Es Expertise and Efficiency. Incorporation means no personal liability. Insurmountable paperwork for compliance. Companies are taxed at a higher rate.