Corporation
 A legal entity that is separate and distinct from its
owners. Corporations enjoy most of the rights and
responsibilities that an individual possesses that is, a
corporation has the right to enter into contracts, loan
and borrow money, sue and be sued, hire employees,
own assets and pay taxes.
 The most important aspect of a corporation is limited
liability. That is, shareholders have the right to
participate in the profits, through dividends and/or
the appreciation of stock, but are not held personally
liable for the company's debts
Company:
 A proprietorship, partnership, corporation, or other
form of enterprise that engages in business.
 An individual can own a company; a corporation is
owned by several people, such as business partners,
stockholders, or any collection of people.
 A company can be any business, whether privately
owned, a partnership, or a corporation. A corporation
is a company that is managed usually by a board of
directors, who are chosen by voting stock holders.
Special licenses and such are needed to start a
corporation.
 a company is a one install business, and the
corporation is a joint company together, and it is far a
sense to comparisons a quality being.
In Politics and governance.
 A company is any entity that engages in business and
can be a proprietorship, partnership or corporation.
One of the first and most important steps in starting a
business is deciding how it will be structured. To make
an informed choice, you will need to know how the
different business structures work, as well as the
advantages and drawbacks of each. It is advisable to
seek the advice of an attorney when making your
decision
 A corporation is a business entity that legally exists
separately from its owner(s). The owners of a
corporation are shareholders; their percentage of
ownership in the business is represented by their
corporate stocks or shares. Shareholders can choose a
board of directors to manage business operations, or
they can create a shareholders' agreement, which will
allow them to manage the business directly.
Corporations are more complex than unincorporated
businesses. You will need to file the taxes for the
corporation separately from your personal taxes. In
most states, you would not be held personally
responsible for corporate debts.
 Corporations are more complex than unincorporated
businesses. You will need to file the taxes for the
corporation separately from your personal taxes. In
most states, you would not be held personally
responsible for corporate debts.
 A company is a form of business organization.
In the United States, a company is a "corporation—or,
less commonly, an association, partnership, or union—
that carries on an industrial enterprise." Generally, a
company may be a "corporation, partnership,
association, joint-stock company, trust, fund, or
organized group of persons, whether incorporated or
not, and (in an official capacity) any receiver, trustee in
bankruptcy, or similar official, or liquidating agent, for
any of the foregoing."
 So, a corporation is a form of company whose articles
of incorporation have been approved in some state
 In business we typically structure companies under
state law in one of these forms:
Corporations (have shares and shareholders)
Limited Liability Companies (LLCs) (have
shareholders or members)
Limited Partnerships (LPs) (have General Partners and
Limited Partners)
Limited Liability Partnerships (LLPs) (have general
and limited partners)
Sub Chapter S Corporations have for all intensive
purposes been replaced by LLCs
 It is incorrect to say that a company has unlimited
liabilities. It depends on how it is structured. It is
however correct that the corporation can shield its
shareholders from liabilities.
 A corporation is incorporated under state law where as
a company is not. A corporation is owned by
shareholder(s). Most large corporations are public
corporation, its shares are traded in the stock
exchange. If the Corporation is not a public
corporation, its shares are not publicly traded. They
are held by one or more individual.