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Incorporate a Business Online US
The main reason most people form a legal business entity in US is to safeguard their personal assets. By incorporating in US, or forming a Limited Liability Company (LLC)in US, you're free to conduct your business without worrying that you might lose a home, a car, or any of your personal savings because of a business liability. This is, in fact, one of the best moves you can make to protect your personal property when you own your own business.
In the United States, the individual states incorporate most businesses, and some special types are incorporated by the federal government including national banks, federal savings banks, and federal credit unions. Federally chartered organizations are either issued a charter by Congress or are licensed for a specific operation (such as a bank) by a federal agency. (Many governmental units are specially formed public corporations and some private organizations have received a charter from Congress.) US corporations are required to file articles of incorporation with a state agency for each state they operate in. Corporations operating in the nation's capital file with the District of Columbia, but this does not make them federally chartered.
In the United States, the individual states incorporate most businesses, and some special types are incorporated by the federal government including national banks, federal savings banks, and federal credit unions. Federally chartered organizations are either issued a charter by Congress or are licensed for a specific operation (such as a bank) by a federal agency. (Many governmental units are specially formed public corporations and some private organizations have received a charter from Congress.) Corporations are required to file articles of incorporation with a state agency for each state they operate in. Corporations operating in the nation's capital file with the District of Columbia, but this does not make them federally chartered.
In the articles of incorporation, the corporation's name must be stated. Usually, at least one word of its name must indicate that the entity is a corporation (indicating it has limited liability) as opposed to an individual (with unlimited liability). There are also restrictions that may not be used, for example, a corporation may, in some cases, not be allowed to use a word or phrase that implies it is a government agency, and may in some cases be restricted from using certain terms referring to special businesses, e.g. most states prohibit a corporation from having the word "bank" in its name unless it is chartered as a bank or has special permission. Each state has varying requirements for forming a company and also determining what designations can and can not be used.
The only terms that are universally acceptable in all 51 U.S. jurisdictions that register corporations are either the word "Corporation" or "Incorporated" or the abbreviations "Corp." and "Inc." Many allow "Limited" or "Ltd." and some states allow "Company" (or "Co.") but a number that allow use of "Company" prohibit use of "and Company", "and Co.", "& Company" or "& Co."
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