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Incorporation is the process by which a new or existing business registers as a limited company. A company is a legal entity with a separate identity from those who own or run it. The vast majority of companies are limited liability companies where the liability of the members is limited by shares or by guarantee.
At its core, the articles of incorporation specify the essential elements for a company's legal existence. The articles of incorporation define the company's purpose and lay out the process for appointing its directors, how its financial records will be handled, and the decision-making process at the board level.
Here's what's included in articles of organization: Name and address of the registered agent. Name and address of the company registrar. Principal place of doing business. Name of the company. Doing Business As (DBA) designations. Purpose of your business. Type of business structure.
Importance (Three-fold Nature of the Articles of Incorporation) A contract between the State and the Corporation. A contract between the Corporation and its Stockholders; and. A contract between the stockholders inter se.
Articles of incorporation, sometimes called a certification of formation or a charter, are a set of documents filed with a government body to legally document a corporation's creation. These legal documents contain general information about the corporation, including the business name and business location.
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Secure your assets, gain tax breaks. Corporation owners enjoy limited liability protection, and are typically not personally responsible for business debts. So creditors can't pursue your home or car to pay business debts.
The word "incorporated" indicates that a business entity is a corporation. by Michelle Kaminsky, J.D. "Inc." is an abbreviation of "incorporated," and both the abbreviation and the full word mean that a company's business structure is a legal corporation.
The company Apple, for example, was incorporated under the full name Apple Inc, while Microsoft is formally incorporated as Microsoft Corporation.
Know the types of corporations There are four general types of corporations in the United States: a sole proprietorship, a Limited Liability Company (LLC), an S-Corporation (S-Corp), and a C-Corporation (C-Corp).
The names and addresses of the incorporators are not included in the Articles of Incorporation. One or more persons may form a corporation. Incorporators are persons who initially create the corporation and their name(s) and address(es) need to be included in the Articles of Incorporation.

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