What is Inc.?
Inc. is short for Incorporated. It’s a suffix that is often used in the names of corporations to indicate that the business is a separate legal entity from its owners or shareholders.
Using Inc. in a company’s name signifies that the business has gone through the process of incorporation, which involves filing the necessary legal paperwork with the appropriate government authorities. This provides the company with certain legal protections and benefits, such as limited liability for its owners and the ability to raise capital by issuing stocks or shares.
It’s important to note that the specific rules and regulations regarding incorporation can vary depending on the jurisdiction and country in which the company operates.