Final answer:
The document issued to private limited liability companies for starting their business is the Certificate of Incorporation, which legally recognizes the company as a separate entity and offers liability protection.
Step-by-step explanation:
A document issued to private limited liability companies to fully commence business is termed as Certificate of Incorporation. This document serves as a key legal certificate that signifies the company has been formally registered with the state authorities. The Certificate of Incorporation is crucial for limited liability companies because it serves as proof of the company's existence as a separate legal entity, distinguishing the business owners from the corporation itself and thereby offering protection from personal liability. It enables entrepreneurs to potentially enjoy the profit and control of their business akin to a sole proprietorship while limiting their personal financial and legal liabilities associated with business operations.In the case of a private limited liability company, upon registration and receipt of the Certificate of Incorporation, the business can commence operations. This certificate is essential for establishing the company's bank accounts, entering into legal contracts, and fulfilling other business formalities that require official recognition of the company's corporate status.Conclusion In summary, the Certificate of Incorporation is vital for private limited liability companies to start their business legally and with the necessary protections in place.