
Incorporation Process
The incorporation process involves creating a legal entity for a business, making it separate from its owner(s). This starts by choosing a unique business name and filing articles of incorporation with the appropriate government agency. The business then creates bylaws that outline how it will operate. Upon approval, the entity receives a certificate of incorporation, granting it legal status. This process provides limited liability protection to owners, meaning their personal assets are generally safe from business debts. Additionally, incorporated businesses can raise funds more easily, making this route attractive for entrepreneurs looking to grow.