Incorporation Legal Meaning and Definition

Here is a simplified definition of the legal term Incorporation.

Incorporation (noun)

Definition: The legal procedure of forming a company, corporation, or other types of organization. This will result in the organization being officially recognized by law, offering various legal protections and benefits. The process usually involves filing specific documents (such as Articles of Incorporation) with a designated government authority and fulfilling other legal requirements.

Example usage: The small business owner decided to go through the process of incorporation to limit her personal liability and boost her company's credibility.