Entity Formation
/ˈɛn.tɪ.ti ˌfɔːrˈmeɪ.ʃən/
Definitions
- (n.) The legal process of creating a recognized organization or structure, such as a corporation, partnership, or limited liability company.
Entity formation requires filing appropriate documents with the state.
Forms
- entity formations
Related terms
See also
Commentary
Entity formation is fundamental to establishing legal rights and obligations separate from individual members.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.