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A certificate of incorporation is a legal document/license relating to the formation of a company or corporation. It is a license to form a corporation issued by the state government or, in some jurisdictions, by a non-governmental entity/corporation. [1] Its precise meaning depends upon the legal system in which it is used.
Under UK company law and most international law, a company or corporation is considered an entity that is separate from the people who own or operate the company. [ 1 ] Forming a company via the paper filing method can take up to 4 weeks but nowadays the majority of UK companies are formed the same day electronically.
There are a number of legal benefits that come with incorporation. One significant legal benefit is the protection of personal assets against the claims of creditors and lawsuits. Sole proprietors and general partners in a partnership are personally and jointly responsible for all the legal liability (LL) of a business such as loans, accounts payable, and legal
Documents may be served on companies by delivery to the registered office address as recorded at Companies House. [4] A registered office address is required for incorporated organizations to receive official correspondence and formal notices from government departments, investors, banks, shareholders, and the public.
In the UK, it has to be filed with the Registrar of Companies during the process of incorporation of a company. It is the document that regulates the company's external affairs, [1] and complements the articles of association which cover the company's internal constitution. It contains the fundamental conditions under which the company is ...
The company, the underwriter and other individuals signing the registration statement are strictly liable for any inaccurate statements in the document. This extremely high level of liability exposure drives an enormous effort, known as " due diligence ", to ensure that the document is complete and accurate.