Business Registration Certificate Vs Certificate Of Incorporation

In some states articles of incorporation are known as certificate of incorporation.

Business registration certificate vs certificate of incorporation. Furthermore registration may help improve your credit score as well. In other words certificate of incorporation was also existed in old act i e. It is a license to form a corporation issued by state government or in some jurisdictions by non governmental entity.

Registration may entitle your business to certain perks such as special credit cards or wholesale discounts. A certificate of incorporation is a legal document relating to the formation of a company or corporation. Creating a corporation also protects the business owner from losing personal assets if the company is sued.

In other words companies don t need to require certificate of commencement of business for obtainment of certificate of incorporation. Certificate of incorporation. If any person or any individual is running a business in hong kong then that company is obliged to get a business registration certificate from the ird.

New registration llp 1. Business registration does not offer the same protection of personal assets. If we talk about certificate of incorporation it comes into existence since day one.

After applying for a certificate of incorporation the application process for the business registration certificate begins. A certificate of incorporation will be issued in six working days. There isn t any difference between certificate of incorporation and articles of incorporation.

Its precise meaning d. Both the documents refer to the charter filed with the state agency for creating a corporation. The advantages of incorporating.