Where to Find Incorporation Date: A Guide for Business Owners

Understanding Incorporation Dates Definition and Significance The incorporation date is the date on which a company is legally registered with the relevant authorities. This date is significant as it marks the beginning of the company’s legal existence and establishes its rights and obligations. The date of incorporation is also important for tax and accounting purposes […]

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Incorporation Date vs Registration Date: Understanding the Difference

Understanding Incorporation and Registration When starting a business, one of the first steps is to incorporate the company. Incorporation is the process of creating a legal entity that is separate from its owners. This legal entity can own property, enter into contracts, and conduct business. The incorporation date marks the creation of this separate legal […]

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Corporation Pros and Cons: Understanding the Advantages and Disadvantages

Understanding Corporations A corporation is a type of legal entity that is recognized by the state as a separate entity from its owners. It is created by filing articles of incorporation with the state. This legal structure provides a number of benefits, but it also has some drawbacks. Definition and Types of Corporations A corporation […]

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Pre Incorporation Contract: What It Is and Why You Need One

Understanding Pre-Incorporation Contracts Definition and Nature A pre-incorporation contract is an agreement that is entered into by a company before it is incorporated. It is a temporary agreement that outlines the legal arrangements prior to the actual act of incorporation. The contract is made between the promoters of the company and the third party. The […]

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Sole Proprietorship vs Incorporation: Choosing the Right Business Structure

Understanding Sole Proprietorship A sole proprietorship is a simple business structure where the owner is the business. The owner has complete control over the business and is responsible for all profits and losses. Definition and Characteristics According to Stead.com.sg, “A sole proprietorship is an easy way to run a business. It is a business that […]

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Company Incorporation: A Guide to Starting Your Business

Understanding Company Incorporation Key Concepts and Definitions Company incorporation refers to the process of creating a legal entity that is separate from its owners. This legal entity, also known as a company, can enter into contracts, sue and be sued, and own assets in its own name. Incorporating a company in Singapore is a straightforward […]

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Corporation vs Incorporation: Understanding the Differences

Understanding Corporation and Incorporation Definition and Basics Corporation and incorporation are two legal terms that are often used interchangeably. However, they are not the same thing. A corporation is a legal entity that is separate from its owners, while incorporation is the process of creating a corporation. A corporation can be a business entity or […]

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