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What are the differences between company and corporation and incorporation?
Wiki User
∙ 12y ago
Thier is no difference between company, corporation and incorporation all are the same terms used for any legal entity in the eyes of law because company,corporation or incorporation are an artificial persons in the eyes of law. It has a separate existence from its owner. The assets of the company belongs to company not to its owners. You can use all the terms interchangeably.
You can study a book oo "Company Law" for your more information.
Thanks
Qaiss
Wiki User
∙ 12y ago
Wiki User
∙ 10y agoA business that is not a corporation, and becomes a corporation, can be said to have incorporated. Incorporation is a process, whereas a corporation is a business with a certain type of legal structure, it has shareholders, a board of directors, and limited liability.
Mr. Stellar
Corp. is short for corporation and Inc. stands for incorporated.They are both used in names of incorporated entities. When you register a business, you can use either in the business name. In terms of legal structure, compliance obligations, limited liability or tax structure, there is no difference between the two. However, they cannot be used interchangeably.
Wiki User
∙ 11y agoA corporation is a legal structure that enables the individuals the ability to contribute and pool resources, capital, and labor in order to get a profit.
Wiki User
∙ 14y agoYes
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differences between public company and public corporation?
Public Corporation - There are there on behalf of people. Public companie -They are there for people to use
What are the roles of promoters in the incorporation of a company?
Before Incorporation can happen, there needs to be someone creating the business. Generally, these people pay the corporation's expenses before it is incorporated.
What are The differences between a private limited company and a public limited company registration and certificate of incorporation?
•1)There is no distinction between business money and personal money for anyone self employed as all business debts are the personal responsibility of the sole trader. •2) Lower corporation tax offered a private limited company advantages over self employment in recent years. •
What do mean by profit prior to incorporation?
Profit prior to incorporation is that profit which a company gets between the period of date of buying and date of incorporation
What are the differences between a public and private company?
public means anyone private means certain people that already knew about the corporation
Do you have to use inc after company name when company is incorporated?
Yes, when you incorporate your company you will have to choose some variation of Incorporation, Company or Corporation after your company name. You will need to choose either Incorporated, Inc, Company, Co, Corporation, or Corp. This is a requirement for incorporating a company. This will be the official name of the company but you do not have to use the Inc when you promote your company.
What is difference between INC and MNC?
INC stands for Incorporation, which is the process of legally forming a company. On the other hand, MNC stands for Multinational Corporation, which is a company that operates in multiple countries. INC refers to the legal status of a company, while MNC refers to the geographical scope of a company's operations.
What are pre-incorporation transactions in company law?
Transactions between two parties (promotor of company and third party) before a company is incorporated.
3 How does a company become a corporation?
formerly The Company Corporation, is the fastest and easiest way to incorporate your business online. has helped over 750,000 small businesses create their LLC, C Corporation S Corporation or Nonprofit online! stfly.me/Imm3O0
Difference between public company and listed company?
what is the differences between public company and listed company
What is the relationship between shareholders with company or corporation?
Shareholders are the people who invest from in the corporation by buying stock.
What is the difference between a holding company and a personal holding company?
difference between holding company and personal holding company and the corporation ltd.
