Certificate of incorporation vs business registration

Your Company Set Up. A business registration is often a straightforward process that requires no outside help. Despite the benefits of registering your business , there are disadvantages as well.

A business owner can often contact the office that handles business registration and obtain help or ask questions if necessary. If you don’t incorporate your business , you are personally responsible for its liabilities. If your company is sue or encounter financial hardship.

The difference between incorporation and registration should be understood when forming a business. Both are options for making your business legal. The main difference is that incorporation creates a separate legal entity.

Creating a corporation also protects the business owner from losing personal assets if the company is sued. Business registration does not offer the same protection of. Moreover, the document that you.

A certificate of incorporation of a company is similar to a domicile certificate in many ways. It also has some unique characteristics which are not present in the latter.

Since a company is an artificial legal person, it requires a government certification that announces its birth. This is the certificate of incorporation. In this article, we will draw a parallel between a domicile.

It confirms the existence of the new company and contains important details such as the date of incorporation , the company registration number, and more. What is a business registration certificate? If you later decide you want an updated version of your certification of incorporation , you can download one free. A Certificate of Incorporation will be issued in six working days.

Though the term registration is widely used as an alternative to incorporation , however as a company is a new legal entity the suit. How to order and costs. A package to suit most budgets. Find out why we are different today!

Corporations file a “ Certificate of Incorporation ” with the Secretary of State. To Speak to Our Team to Book a Place or for Further Information, Visit Our Site. On this certificate , you will need to provide the following: The name of the corporation, The purpose of the corporation, The number of shares of the corporation, The business address, The county of the business.

Also called certificate of registration. If you are not going to incorporate your business but are using a business name to operate, the alternative option to incorporation is to register the business name. The only time a business does not have to be registered is if the individual is using their own first and last personal name as the business name, such as John Smith.

The certificate of incorporation is also called certificate of registration because by issuing this certificate , you register your business with the state. A corporation forms under state law by filing a certificate of incorporation. Some states refer to this document as articles of incorporation.

If a company later modifies its certificate —for example, by authorizing additional shares or classes of stock or changing its registered agent—the corporation must also file the amendments to the certificate. States maintain incorporation documents.