Quick Incorporate

More and more entrepreneurs and business owners these days are studying their options and choosing to structure their companies as corporations. But it can be an overwhelming experience… both to your intellect and to your wallet.

More and more entrepreneurs and business owners these days are studying their options and choosing to structure their companies as corporations. But it can be an overwhelming experience… both to your intellect and to your wallet. If you are starting a small business or you are thinking of incorporating your existing business, you may have seen promotions for low fee online incorporation services. You may wonder - How good are these services? Can incorporating online really save attorney fees? When using one of these services to incorporate a business, will it be legal in your state? Can you save even more by doing everything yourself instead of using an online incorporation service? Read the rest of this entry »

If you are wondering whether incorporating would be the right option to exercise for your business, it could be helpful to understand the elements of a corporation before making that decision. So, let us look at these elements.

The shortest definition of a corporation is that it is a legal entity created by a state filing, which has a separate existence from its owners. It is a creature of legal fiction because it is an artificial entity, which only exists in the contemplation of the law.

A corporation is created when your articles of incorporation have been completed, filed and approved by the proper authority, usually the state’s Secretary of State. Some states call the articles of incorporation a ‘charter’ or a ‘certificate of incorporation’. Read the rest of this entry »

Businesses can be incorporated online. Incorporation can be done filing papers and handing over the forms to the office of the Secretary of State where they will be incorporated. It can be done by the applicant or by a lawyer. If you chose to do it yourself, online medium offer a fairly easy way. There are intermediaries who will do if for you, but you must keep in mind that they are just service providers and don’t offer any legal advice.

There are many of service providers on the Internet who provide incorporation services. The services include filing the papers, providing registered agents for those states where the business is to be incorporated, name checking and final delivery of the documents. The charges include state filing fees that vary from state to state and service and shipping charges. If the incorporation process has to be expedited, the charges are usually higher. Read the rest of this entry »

LLC (limited liability company) provides the benefits of liability protection and pass through taxation features of sole proprietorship or partnership. Many small business owners prefer this form of corporation as it provides greater flexibility in management. The general characteristics of LLC’s are limited duration of existence, no double taxation and member or owner managed business. Read the rest of this entry »

When it comes to the term ‘offshore’ used in conjunction with company incorporation, the term ‘offshore’ generally refers to any jurisdiction other than one in which the company incorporated will conduct the majority of its activities.

Usually such a jurisdiction has some degree of taxation or reporting benefit attached that makes it attractive to the company owner, and the concept of incorporating a company offshore will bring at least one of the following five benefits to a business owner: - Read the rest of this entry »