incorporating a
company
LEGAL DOCUMENT
Having a document for incorporating a company is the formal process of creating a legal entity for the business. This means that the business is officially recognised as a separate entity from its owners and can conduct business, enter into contracts, sue or be sued, and own assets in its own name.
Incorporating a company also provides certain legal protections for the owners, known as shareholders, and helps to keep their personal assets separate from the business’ assets.
Having a proper document for incorporating a company ensures that the process is done correctly and meets all legal requirements. It also provides a clear and official record of the formation of the company.
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