I have set up a business entity as a s-corp one year ago with 3 others but they all backed out. i ended up putting an INC. at the end of my ...

Question

I have set up a business entity as a s-corp one year ago with 3 others but they all backed out. i ended up putting an INC. at the end of my website and product and busies name.. Everything has INC. on it. should i set uo as a Sole proprietorship and can i keep INC. at the end of my name? what should i do? for example my website WWW.RokkorInc.com and my logo is attached.. Please help me with an answer. thank you

Answer

Generally speaking, having an inc as part of the domain name does not have official legal significance. However, operating through an entity is important to limit one's personal liability regardless of how many shareholders (partners) there are. You should consider forming a new company with you as the sole shareholder.

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Answer

"Inc." means you have a corporation. A "sole proprietorship" is not a corporation, so you cannot use Inc. with that entity. Why do you not simply keep the corporation? More importantly than having the "Inc" at the end of the corporate name, you will have protection for the name in the state and you will be insulated from individual liability if you remain incorporated. I would think twice before operating without a corporation.