What is incorporation of business? Is it mandatory to incorporate my business? - 0 views
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James Hudson on 11 Sep 13Incorporation is a process of legally incorporating i.e. declaring as a seperate entity from its owners. It is more of a process of giving business a legal, seperate entity and being. Incorporation involves drafting "Articles of Incorporation", listing the primary purpose of byusiness, its locations, shares,stocks etc. It is not mandatory to incorporate the business but by giving it a seperate legal entuty in the eyes of the government you can definitely be liable for a number of advantages that incorporation brings.