Unincorporated

An unincorporated business is a type of business that hasn’t gone through the formal process of incorporation. This means it isn’t legally registered as a separate entity, and the business’s identity is directly tied to its owner(s). Typically, unincorporated businesses are sole proprietorships or partnerships, where owners bear personal responsibility for all business debts, liabilities, and legal actions. In contrast, an incorporated business (like a corporation) is a separate legal entity, providing limited liability protection to its owners.