Incorporating Your Business

Incorporating Your Business

Why Incorporating Your Business is Important

A corporation is a separate and distinct legal entity apart from the
stockholders. A corporation can own property, enter into contracts, and
conduct business under its own corporate name.

As a separate legal entity, a corporation is responsible for its own debts and
obligations. Normally, shareholders, directors, and officers are not
responsible for corporate liabilities. If the corporation suffers any losses, the
corporation itself must bear those losses to the extent of its own resources,
and not the personal assets of the individual shareholders.

Global Direct Services provides free access to information about Incorporating
Your Business.

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