Difference between Inc and Corporation

Category : Articles Directory To Open A Corporation in The USA
Posted On : 1st Sep 2009

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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Roberta Breeden

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I just got inc. but I am not an S-Corp. I still have to get a new ein # and how do I add on S-Corp. to my Inc

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Reply from: infotaxsquare.com | 2010-01-06

Dear Roberta Breeden:

Your question is not clear but let me give you some  guidelines: If you are converting your C-Corporation to an S-Corporation then you will use the same Employer Identification Number. EIN only change If you are changing the structure of your company from corporation to Limited Liability Company (LLC).

Helpful Link:
https://www.infotaxsquare.com/employer-id-number.htm

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