The Benefits Of Incorporating Your Business
Doing Business As
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By: Kate Smalley
What do General Motors, Microsoft, AT&T, and many other major businesses in America have in common?
They’re corporations.
A corporation is a separate legal entity that functions separate and apart from its shareholders or owners. You can incorporate on your own without an attorney, although it wouldn’t hurt to seek legal advice. And you can incorporate in your home state or any other state of your choosing.
More than half a million business entities have their legal home in business-friendly Delaware, including more than 50 percent of all U.S. publicly-traded companies and 58 percent of the Fortune 500. Nevada, New York, California, Arizona and Florida are also magnets for businesses wanting to incorporate.
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