Legal definition of incorporate
Corporate Finance & Taxation Legal Terminology


to form a business entity.
There are several ways to form your business: a Business Corporation, Limited Liability Company, a General Partnership, a Limited Partnership, a Sole Proprietorship.
All of these business formations have their advantages and disadvantages.
In a Business Corporation, personal liability is limited for shareholders; the life-span of the business is perpetual, unless a designated period of the life of a corporation is stipulated in the Certificate of Incorporation.
In case of a death of one of the partners, the corporation still may function without interruption; shares are easily transferrable.
Find a legal term by clicking on the first letter of a legal word or phrase:
Book of the Day in our Store
Share it on TwitterFacebook
Introduction to the Law of Contracts (Hardcover)Introduction to the Law of Contracts (Hardcover)
by Martin A. Frey
  • List Price: $249.95
  • Price: $187.57
  • You Save: $62.38 (25%)
from $114.63
Federal Income TaxFederal Income Tax
by Inc. BarCharts
  • Price: $6.95
from $6.00
Gerald L MossAttorney at LawPRACTICE AREA: Business Law, Health Care Law, Industrial Development Law
David B TonggAttorney at LawPRACTICE AREA: Real Estate Law, Landlord & Tenant Law, Business Law, Labor & Employment Law, Industrial Development Law
Jeffrey J NewellAttorney at LawPRACTICE AREA: Real Estate Law, Landlord & Tenant Law, Bankruptcy Law, Business Law, Industrial Development Law
Philippine StarBack in 2012, the Department of Finance issued Revenue Regulations (RR) 02-2012 in response to the reported rampant smuggling of petroleum and petroleum products resulting in substantial revenue losses to the government. The regulations ... Only upon ... more »
Washington PostTrump said in January that he was shifting his business assets into a trust managed by his sons to eliminate potential conflicts of interests. But D.C. Attorney General Karl A. Racine (D) and Maryland Attorney General Brian E. Frosh (D) say Trump has ... more »
Arkansas Business OnlineHe said, "A contract is a contract." We already know the rest of that story and what the Chinese economy has achieved since then. Our government works because our people, businesses and government understand that collectively we govern our conduct by ... more »
It's a free online legal dictionary search engine for definitions of legal terminology and legal words, legal abbreviations, and legal jargon you may meet when reading legal acts, law books, documents, legal forms and other legal content