[NEED LEGAL HELP?] Call our 24/7 Helpline: 1-866-723-4855


Definition - What does Incorporate mean?

Incorporate in simple business terms can be defined as the legal process involved in the formation of a corporation. Incorporation laws are different in each state. The process is a complex one and has a number of stages like electing officers, creating the articles, issuing stocks, etc.

Justipedia explains Incorporate

When someone chooses to incorporate a business, it is important to choose a name which is not already acquired or is similar to an existing name, prepare articles of incorporation, adopt a set of bylaws, and perform any other tasks as required by state law. In the case of not-for-profit business, the application should be filed for non-profit as the Internal Revenue Department needs complete information on the intended operations.

Connect with us

Justipedia on Linkedin
Justipedia on Linkedin
"Justipedia" on Twitter

Sign up for Justipedia's Free Newsletter!

Find a Lawyer