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Difference between Inc and Corporation

 
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Category : > Articles Directory To Open A Corporation in The USA
Posted On : Tue Sep 01st,2009

 
In most states of the USA, adding an indicator at the end of the business name is required, that distinguish the entity type, such as a corporation or a limited liability company. How to choose the right indicator to register a corporation?
 

Difference between different indicators Corporation, Inc, Incorporated, Corp, Co and Company:

When a company files its articles of incorporation with the state, it will start doing business as (d/b/a) the company name ending in either "Corp." or "Inc." which serves to legally inform the public that the entity in question is not a natural person, and thus has limited liability. Technically within the United States, "corp." and "inc." designate the exact same thing. A corporation, in its simplest terms, is just a legal entity that stands apart from any natural person.

"Inc." and "Corp." convey the same basic fact about the company organization, it is not considered proper to use them interchangeably. Because a corporation has to designate the name that the entity will be using to conduct business, it is necessary to pick one or the other and stick with it. That means if you go with “Inc.”, then all your official letterhead, correspondence, domain names, business cards, and any other company related documents and sales collateral would have to include the use of “Inc.” rather than “Corp.”

Whatever indicator an incorporator choose to use at the end of a business name, it does not affect the company structure. It is more like or less like on an individual.

  


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Comments (3)
Frank   wrote on : Fri Dec 11th,2009
If I file Subchapter S-Corp 2553 can I still use Inc.?     View Detail
Reply : infotaxsquare.com
 
Yes Frank, you can still use Inc. Sub-Chapter "S" does not change the indicator like Inc. Corporation.
Thanks for using InfoTaxSquare.com.


Lavonya Bess   wrote on : Wed May 30th,2012
When does a company need brd members? Is it when its a Corp, or Inc     View Detail
Reply : infotaxsquare.com
 
Dear  Lavonya Bess:

Thanks for choosing InfoTaxSquare.com for your business needs. Corp or Inc are just indicators use after the business name in most states to register a business name. Board Members should be elected in the board meeting.

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Joe   wrote on : Fri Mar 08th,2013
Why is there both "Inc." and "Corp"? What are the pros/cons? Does either have a different image with people in the United States? Can you change it latter it you wish?     View Detail
Reply : infotaxsquare.com
 
Dear Joe:

Thanks for choosing InfoTaxSquare.com for your business need. There is no pros/cons for using indicators Inc. or Corp. Most states are required to write Inc. or Corp next to the name of the entity. You can amend it by filing Articles of Company Name Change or Articles of Amendment.

You can also use the following link to read more about your question.

https://www.infotaxsquare.com/view_article.php?title=Difference%20between%20Inc%20and%20Corporation&id=128


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