{"id":67,"date":"2024-08-12T08:43:00","date_gmt":"2024-08-12T07:43:00","guid":{"rendered":""},"modified":"2025-06-30T12:50:23","modified_gmt":"2025-06-30T11:50:23","slug":"what-are-pre-incorporation-contracts","status":"publish","type":"post","link":"https:\/\/www.thetrainingplace.org\/blog\/2024\/08\/what-are-pre-incorporation-contracts\/","title":{"rendered":"What are pre-incorporation contracts?"},"content":{"rendered":"<p><b><span face=\"&quot;Arial&quot;,sans-serif\" style=\"font-size: 12pt; line-height: 107%;\">WHAT ARE PRE-INCORPORATION CONTRACTS?<\/span><\/b><\/p>\n<p><span face=\"Arial, sans-serif\">These are contracts entered into by a third party on behalf of a company<br \/>\nwhich has not yet been formed. A pre-incorporation contract is binding on the<br \/>\nthird party who is acting on behalf of the unformed company.<\/span><\/p>\n<\/p>\n<p style=\"margin-left: 36pt; mso-list: l0 level1 lfo1; text-indent: -18pt;\"><!--[if !supportLists]--><span style=\"font-family: Symbol; font-size: 12pt; mso-bidi-font-family: Symbol; mso-bidi-font-weight: bold; mso-fareast-font-family: Symbol;\"><span style=\"mso-list: Ignore;\">\u00b7<span style=\"font: 7pt &quot;Times New Roman&quot;;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/span><\/span><\/span><span face=\"Arial, sans-serif\" style=\"font-size: 12pt;\">A pre-incorporation contract is a contract entered into on behalf of a company before its incorporation<\/span><\/p>\n<p style=\"margin-left: 36pt; mso-list: l0 level1 lfo1; text-indent: -18pt;\"><!--[if !supportLists]--><span style=\"font-family: Symbol; font-size: 12pt; mso-bidi-font-family: Symbol; mso-bidi-font-weight: bold; mso-fareast-font-family: Symbol;\"><span style=\"mso-list: Ignore;\">\u00b7<span style=\"font: 7pt &quot;Times New Roman&quot;;\">&nbsp; &nbsp; &nbsp; &nbsp;<\/span><\/span><\/span><span face=\"Arial, sans-serif\" style=\"font-size: 12pt;\">Until the company is incorporated, the company is therefore non existent<\/span><\/p>\n<p style=\"margin-left: 36pt; mso-list: l0 level1 lfo1; text-indent: -18pt;\"><!--[if !supportLists]--><span style=\"font-family: Symbol; font-size: 12pt; mso-bidi-font-family: Symbol; mso-bidi-font-weight: bold; mso-fareast-font-family: Symbol;\">\u00b7<span style=\"font-family: &quot;Times New Roman&quot;; font-feature-settings: normal; font-kerning: auto; font-optical-sizing: auto; font-size-adjust: none; font-size: 7pt; font-stretch: normal; font-variant-alternates: normal; font-variant-east-asian: normal; font-variant-numeric: normal; font-variant-position: normal; font-variation-settings: normal; line-height: normal;\">&nbsp; &nbsp; &nbsp; &nbsp;&nbsp;<\/span><\/span><span face=\"Arial, sans-serif\" style=\"font-size: 12pt;\">A non existent company is incapable to enter into contracts by itself and is unable to hire agents on its accord<b><o:p><\/o:p><\/b><\/span><\/p>\n<p><span face=\"&quot;Arial&quot;,sans-serif\" style=\"mso-bidi-font-weight: bold;\"><\/span><\/p>\n\n\n<p><a href=\"https:\/\/www.thetrainingplace.org\/aat-level-2\">AAT Level 1 &amp; 2 | The Training Place<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WHAT ARE PRE-INCORPORATION CONTRACTS? These are contracts entered into by a third party on behalf of a company which has not yet been formed. A pre-incorporation contract is binding on the third party who is acting on behalf of the unformed company. \u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A pre-incorporation contract is a contract entered into on behalf of a company &#8230; <a class=\"read-more\" href=\"https:\/\/www.thetrainingplace.org\/blog\/2024\/08\/what-are-pre-incorporation-contracts\/\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20,21,27],"tags":[],"class_list":["post-67","post","type-post","status-publish","format-standard","hentry","category-aat","category-level-2","category-the-business-environment"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What are pre-incorporation contracts? - The Training Place Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.thetrainingplace.org\/blog\/2024\/08\/what-are-pre-incorporation-contracts\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What are pre-incorporation contracts? - The Training Place Blog\" \/>\n<meta property=\"og:description\" content=\"WHAT ARE PRE-INCORPORATION CONTRACTS? These are contracts entered into by a third party on behalf of a company which has not yet been formed. A pre-incorporation contract is binding on the third party who is acting on behalf of the unformed company. \u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A pre-incorporation contract is a contract entered into on behalf of a company ... 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