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    Business Incorporation

    Once your enterprise is up and running with a solid business plan in place, there comes a time to step back and consider the legal structure of your company. This will almost always bring you to the question of whether or not to incorporate.

    The process of incorporation makes your company a legally separate entity from its owners, shielding you and your partners from personal liability. Although incorporation won't have a major impact on the day-to-day operations of your business, it comes with significant tax advantages, and can provide protection in the event of a lawsuit.

    While hiring a lawyer isn't absolutely necessary to incorporate your business, it is usually a good idea to seek some sort of legal advice, just to ensure that the process is carried out legitimately and that all forms are completed properly, etc.

    When your affairs are in order you will need to file the necessary papers with the regulatory agencies in your state or province, then issue legal stock certificates to all partners, investors, and other shareholders. It is possible to obtain help with these important procedures by contacting incorporation services firms that operate in your area.

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