The issue of Certificate of Incorporation to a company means that it has
Answer Details
The issue of a Certificate of Incorporation to a company means that it has legally come into being.
Incorporation is the process of legally creating a new corporation or company. It involves filing the necessary documents with the relevant government agency, such as the Registrar of Companies, and paying the required fees. Once the government agency has reviewed and approved the application, it issues a Certificate of Incorporation to the company.
The Certificate of Incorporation is a legal document that confirms the company's existence as a legal entity. It includes important information such as the company's name, address, date of incorporation, and the names of the company's directors and shareholders.
The issuance of a Certificate of Incorporation means that the company is now a separate legal entity from its owners or shareholders. This means that the company can enter into contracts, sue and be sued, and conduct business in its own name. The company can also issue shares and raise capital through investments.
In summary, the issue of a Certificate of Incorporation to a company means that it has legally come into being as a separate legal entity, and can conduct business and raise capital in its own name.