3. Process of Incorporation
The process of incorporation involves
● Articles of incorporation
● The firm's shareholders
● Separate limited liability from the owners.
4. Difference between limited company and incorporated
Limited company (Ltd) structure is used mostly in European
countries and Canada.
The Limited company for contractors takes a small salary and
withdraw the remainder in the form of a bonus.
6. Example of incorporation
Several parts of a business combined to form a legal
corporation like a classroom that has students from all
learning levels.
7. Company formation in UK
Company formation in UK mostly people preferred limited
company structure. Because they get a small salary, but the
remaining amount gets in the form of bonuses.