How to Incorporate or Start a Corporation
A corporation is a separate legal entity that can shield the owners from personal liability and company debt. As a separate entity, it can buy real estate, enter into contracts, sue and be sued completely separately from its owners. Also, money can be raised easier via the sale of stock; its ownership can be transferred via the transfer of stock; the duration of the corporation is perpetual (the business can continue regardless of ownership); and the tax advantages can be considerable (i.e. you are able to deduct many business expenses, healthcare programs, etc. that other legal entities like LLC's are not). Income is reported completely separate via a tax return for the corporation.
Step 2: Choose a State
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The information we will need to form your Corporation is:
- A Corporation Name and an Alternate Choice (must end with "Incorporated", "Inc.", "Corporation" or "Corp.")
- The Corporation's Business Purpose
- Your Contact and Shipping Information
- Your Business Address
- The Registered Agent Name and Address
- Share and Par Value Information
- Name of the Officers and Name/Address of Directors
- Name of the Shareholders (if forming an S-Corporation)
We handle the rest!
Well file your incorporation documents with the State and ship the completed filing to you via your chosen shipping method. Yes, its that simple! We also provide you with the necessary after-incorporation paperwork including personalized Corporate Bylaws, Organizational Meeting Minutes, "The New Corporation Handbook" and a Startup Checklist specific to your state that details tasks like getting a business license, a sales tax permit or hiring employees. See what else is included in our incorporation packages.
More Information on Incorporating:
"Incorporating" or "incorporation" is the process whereby you formally incorporate a business as a separate business entity - an official filing where you start a corporation at the state level. Depending on the state, this is accomplished by:
- Clearing your corporation business name for acceptance by comparing it with existing corporations on file.
- Filing Artices of Incorporation (also known as a "Certificate of Incorporation") with the state's document filing office.
- Holding an Organizational Meeting (which specifies who becomes an officer or director and issues stock to the shareholders) and adopting the Corporate Bylaws (the rules your corporation adopts for internal governance including adding/removing officer and directors, handling disputes, etc.).
- Final Formalities: The corporation must then obtain a Federal Employer Identification Number (also known as an FEIN - we can obtain this on your behalf) and then open a bank account so company funds can be managed separately. Finally, your local jurisdiction (city or county) may require your company to obtain a business license which grants the corporation authority to conduct business operations within city or county limits.