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Jun 8, 2024 · Incorporation is the way that a business entity known as a corporation is formally organized and officially brought into existence. The process of incorporation involves writing up a document...
1. Single stockholder corporation. As the name implies, this corporation is owned by a single stockholder, a natural person of legal age, trust or estate as compared to a now two (2) to fifteen (15) regular domestic corporation in Philippines under the Revised Corporation Code. Such single stockholder would be the sole incorporator for purposes ...
to legally make a company into a corporation or part of a corporation (= a large company or group of companies that is controlled together as a single organization), or (of a company) to become a corporation: The company was incorporated in 2008 and is privately owned. It was an offshore company incorporated in Nicosia, Cyprus.
1. : united in one body. 2. : formed into a legal corporation. Examples of incorporated in a Sentence. The company is incorporated in the state of Delaware.
the process or fact of legally making a company into a corporation or part of a corporation (= a large company or group of companies that is controlled together as a single organization): The company has been through many changes to its structure since its incorporation. What was the share capital of the company at its incorporation date?
1. : to unite in or as one body. 2. : to form or become a corporation. incorporable.
Mar 28, 2023 · While colloquially called “incorporation,” formation is the proper term for setting up a business as its own legal entity by registering it with a state. Formation could mean you’re setting up one of several legal structures, like a limited liability company (LLC) or a corporation.
