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For the most part, LLC and Ltd. are the same type of company. LLC (limited liability company) is more commonly used in the U.S. whereas Ltd. (limited) is more commonly used in the U.K. The differences in types and jurisdictions stipulate the different rules regarding ownership, taxes, and dividends.
To form a corporation in the U.S., it is necessary to file articles of incorporation with the state in which it will be registered. The details vary from state to state.
10 steps to start your business Conduct market research. ... Write your business plan. ... Fund your business. ... Pick your business location. ... Choose a business structure. ... Choose your business name. ... Register your business. ... Get federal and state tax IDs.
Depending on the state, a corporation's formation document is called Articles of Incorporation or Certificate of Incorporation. These documents are generally filed with the Secretary of State's office. Appoint a registered agent. A corporation must appoint and maintain a registered agent.
Articles of incorporation are a set of formal documents filed with a government body to legally document the creation of a corporation. Articles of incorporation generally contain pertinent information such as the firm's name, street address, agent for service of process, and the amount and type of stock to be issued.