A guide to business incorporation formation:

This is a process by virtue of which a business comes into legal existence. This legal existence in which the business takes birth is referred to as a corporation.

A corporation is also known as a company in many jurisdictions. Both words have the same implications and represent a body incorporated under the relevant company laws. Incorporation is abbreviated as Inc. and company is abbreviated as Co.

Business incorporation formation can be of many types depending on the jurisdiction in which you are incorporating your business. Some of the most common forms of incorporation are listed below:

* Business

* Non profit organization

* Sports club

* A corporation owned by the government

* A Foreign corporation

* Public corporation

* Offshore Incorporation e.g in Seychelles

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