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Incorporated vs Corporation
Asked by:
Manuel — 26 February, 2013
What’s the difference between incorporated and corporation. I am opening a labor company what should I get?
Answered by:
admin — 26 February, 2013
Manuel,
Corporation is a type of legal entity, and when a business is organized (registered) as a corporation it is common to say that the business “was incorporated” under the laws of the state (jurisdiction) where it was organized.
Corporations use the words “Incorporated”, “Corporation” and a few others, as well as abbreviations of those words (such as “Inc.” or “Corp”), as part of the name, usually at the very end.
If you are looking to organize your business as a separate legal entity besides corporation you should also consider LLC (click here for comparison).
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