Articles of incorporation are legal documents that formally establish a corporation. They outline the corporation’s basic information, such as its name, purpose, and registered office address. Filing articles of incorporation is a crucial step in the process of forming a corporation, as it grants the corporation legal status and allows it to conduct business.
There are many benefits to incorporating a business. Corporations are separate legal entities from their owners, which means that the owners are not personally liable for the debts and obligations of the corporation. Corporations also have the ability to raise capital more easily than other types of businesses, and they can offer their owners certain tax advantages.