Incorporate Legal Meaning and Definition

Here is a simplified definition of the legal term Incorporate.

Incorporate (verb)

To incorporate is to legally set up a company or organization by following all required steps outlined by the government. Through incorporation, a business or group becomes a separate entity from its owners, which gives it certain rights, privileges, and liabilities. It's essentially the process of building the foundation of a firm or organization according to state laws.

This process is typically used for profit-making businesses, professional occupations, or non-profit organizations.