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Limited Corporation

A corporation is a business disconnected from the people who own it or who manage or operate it. In the U.S., the term indicates an association formed to conduct business that is not constantly limited. Corporations assist many people in working together to produce social and economic value as well as, bringing in un-limited corporation income. The forming of corporations has become more mainstream in today's growing economy. Many corporations provide employment for countless people, facilitate economic growth and social development within the community, and supply un-limited corporation goods and services, as well as employee pensions. Please pursue a local attorney for more information.

Fast Facts

  • Many corporation names and/or titles in the US and UK end with "Ltd."or "Inc." and "Plc.".
  • A corporation has legal independence from the members who created it.
  • Shareholders do not own corporations, they own their shares.

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