Hello!

folks explain to me the difference.

i quite cant understand it.

Sincerely,
Mike M.

You may mean what's the difference between incorporated and corporation. There is no incorporation.

A company that is a corporation is said to be incorporated.

That's what I thought.

If I register my company name in my state to get a business bank account, does it mean I have to Incorporate?

And when I do, my company will become -Name- Corporation?

Sincerely,
Mike M

You don't have to incorporate to get a business bank account. A simple sole proprietorship will do. Easy to set up (local newspaper will publish it and submit your paperwork for you).

I'm killing the incorporation that I did. You may want to check out LLC, as it is less formal. I wouldn't just incorporate on a whim. There are advantages and disadvantages to incorporating, various forms of incorportating, etc. So do your homework.

You might want to check out http://www.bizfilings.com ... they have a lot of useful info on this subject.

Brian

As far as I know, incorporation is the act of becoming a corporation.

So you incorporate to become a corporation. "Incorporated" is just the past tense of incorporate. If you've incorporated, you're a corporation.

Too many corporated words in that... I hope you get what I mean :)

Yes, incorporation/corporation is basically the same, just looks different and sounds different :)

You could go with creating a Limited Liability Company (LLC) but I think it would be worth incorporating it or making it an S Corporation. My lawyer charges pretty much the same for an LLC and an incorporation.

Although incorporating does cost about the same, there is added paperwork and formality that LLC's don't have. Same liability protection. Also an 'S' Corporation is similar to an LLC, but with the added bonus of formality and more paperwork. See nolo.com for books (they cost around $35 ea.), and their site has info on the differences and advantages/disadvantages.

I would recommend anybody looking to incorporate to contact Kenneth at http://www.theincorporationgroup.com

He did my 3DWizards Inc., and I loved how he treated us, thier site looks like the previous one mentioned here, but their fee's are allot cheaper ..

just my $0.02

More simply put, a corporation is a noun. Incorporation is an adverb of the verb incorporate.

Check with your state laws. In some states, Florida for example, all that is necessary is to register a fictitious name after publishing in a newspaper in the county in which you are located.

Check with different banks also. Aside from terms, some are better in that they do not require an occupational license for web based businesses. I couldn't see paying a few hundred dollars every year to the city government where I live for nothing. My server wasn't even located in the same state at the time, and isn't in the same county now.

Many license and permit fees are nothing more than a way for government to gouge business people and other taxpayers simply because they can and it provides income to them, while adding nothing of value. You can avoid some of these wasteful license fees through careful shopping.

Originally posted by CRego3D
I would recommend anybody looking to incorporate to contact Kenneth at http://www.theincorporationgroup.com

He did my 3DWizards Inc., and I loved how he treated us, thier site looks like the previous one mentioned here, but their fee's are allot cheaper ..

just my $0.02

Wow, you're right, it looks like they almost completely copied the bizfilings.com site on a couple of pages, including content and graphics. Because of that, I'm not sure I would be able to place my trust in that company.

Don't rely on bizfiling's search (powered by infousa), as it didn't turn up my company.

And I thought adverbs were extinct...