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What does incorporated mean?

There are two ways to think about it. One definition is more broad, and one is the stricter legal definition of a corporation. Broadly speaking, “incorporated” is used to mean that your business is registered with a state so that it becomes a separate legal entity.

What does incorporation mean?

Incorporation is the legal process used to form a corporate entity or company. A corporation is the resulting legal entity that separates the firm's assets and income from its owners and investors.

What is the difference between a corporation and an incorporated business?

A key element of a corporation or "Inc." is that it is a distinct entity with a legal status apart from its owners and shareholders. An incorporated business is seen as its own "person" under the law. This separation limits the owners' personal liability and allows the business to live on after an owner's or shareholder's death.

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