Question
Aktualisiert am
10 Jan 2021
- Koreanisch
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Englisch (US)
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Japanisch
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Vereinfachtes Chinesisch (China)
Frage über Englisch (US)
Was ist der Unterschied zwischen corporate und incorporate ?Du kannst auch einfach Beispielsätze geben.
Was ist der Unterschied zwischen corporate und incorporate ?Du kannst auch einfach Beispielsätze geben.
Antworten
10 Jan 2021
Favorisierte Antwort
- Englisch (US)
Corp. is short for corporation and Inc. stands for incorporated. They are both used in names of incorporated entities. When you register a business, you can use either in the business name.
In terms of legal structure, compliance obligations, limited liability or tax structure, there is no difference between the two. However, they cannot be used interchangeably. Once an institution is registered with Corp. or Inc. in the company name, it must use this extension in all its legal paperwork.
Both Inc. and Corp. represent an institution that is granted a charter recognizing it as a separate legal entity having its own privileges, and liabilities distinct from those of its members.
An important feature of both is limited liability, which means that the shareholders, directors, employees are not personally liable for the debts that the institution owes to the creditors.
The company whether it is a Corp or an Inc comes into legal existence when its founders comply with their state's incorporation process.
Key takeaways:
Incorporation and corporation cannot be differentiated as one leads to the other.
While incorporation is the process, corporation is the organisation formed out of this process.
Corporation, as is generally known, is a body formed for the purpose of carrying out a business of any kind.
The term Corporation should be used when talking of business institutions or organisations or groups. The term incorporation should be used only when referring to the legal steps taken to form the corporation.
Though corporations in different countries will have almost the same features and aims, the process of incorporation differs from one country to another as per the jurisdiction of that region.
Incorporation safeguards the interests of the personal assets against lawsuits. It also deals with several other legal issues such as transferable ownership, taxation, retirement funds, raising funds, credit rating and durability.
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- Englisch (US)
Corp. is short for corporation and Inc. stands for incorporated. They are both used in names of incorporated entities. When you register a business, you can use either in the business name.
In terms of legal structure, compliance obligations, limited liability or tax structure, there is no difference between the two. However, they cannot be used interchangeably. Once an institution is registered with Corp. or Inc. in the company name, it must use this extension in all its legal paperwork.
Both Inc. and Corp. represent an institution that is granted a charter recognizing it as a separate legal entity having its own privileges, and liabilities distinct from those of its members.
An important feature of both is limited liability, which means that the shareholders, directors, employees are not personally liable for the debts that the institution owes to the creditors.
The company whether it is a Corp or an Inc comes into legal existence when its founders comply with their state's incorporation process.
Key takeaways:
Incorporation and corporation cannot be differentiated as one leads to the other.
While incorporation is the process, corporation is the organisation formed out of this process.
Corporation, as is generally known, is a body formed for the purpose of carrying out a business of any kind.
The term Corporation should be used when talking of business institutions or organisations or groups. The term incorporation should be used only when referring to the legal steps taken to form the corporation.
Though corporations in different countries will have almost the same features and aims, the process of incorporation differs from one country to another as per the jurisdiction of that region.
Incorporation safeguards the interests of the personal assets against lawsuits. It also deals with several other legal issues such as transferable ownership, taxation, retirement funds, raising funds, credit rating and durability.
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Gelöschter Nutzer
'corporate' is the main structure of a business/company
Corporate headquarters for Samsung is located in Seoul.
IBM has a very corporate culture because you must always wear a tie.
to 'incorporate' is to become corporate
John will incorporate his company to save on his taxes.
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- Koreanisch
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