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  Incorproation FAQs
bullet How can a shareholder be personally liable for a corporate loan or liability?
bullet What is a “close corporation”?
bullet How many people must I have in my corporation?
bullet Can I deduct business losses from my taxes?
bullet What is an S-Corporation?
bullet What are the requirements to be an S-Corporation?
bullet What is an Employer ID Number?
 
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Incorporation
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to you within 24 hours.
 
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Click here to file your Incorporation
 
  • Overview
  • Process
  • Prices

Incorproation Overview:

A corporation is a separate legal entity, like a person, created by law.  A corporation is able to enter into contracts, incur debts, and must pay taxes.  The shareholders of a corporation are generally not personally liable for the corporation’s debts or other liabilities with some exceptions.    All corporations start out as C-corporations, where any income realized by the corporation is taxed at the corporate level and any dividends paid to its shareholders is taxed again.  This is known as dual taxation.  Corporations can however decide to be treated as S-corporations by filing certain forms with the IRS.  By electing S-Corp status, corporate incomes passes through to its shareholders and is taxed at the shareholder level. In order to keep and maintain a corporation, one has to follow certain formalities, such as annual meetings, keeping minutes etc....  In return, corporations offer an excellent way to raise capital from investors in order to aid the growth of the business. 

Incorporate your business and protect your personal assets from lawsuits and creditors. Just answer the following questions and we'll check the availability of your business name and prepare and file your articles of incorporation. Once the articles are filed, we'll mail your custom bylaws, resolutions, corporate kit and seal, sample business forms, Tax Identification forms and S Corp election documents. We'll also send you detailed instructions on how to hold your initial meeting to elect your directors, officers and adopt the bylaws.



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Incorporation - How it works:


1) :
Complete the simple Corporation questionnaire: Complete our simple questionnaire and provide us the name of your proposed corporation. .

2) :
We will draft your Articles of Incorporation. We will review your answers and confirm that your corporate name is available. Then, we will draft your Articles and file them with the Secretary of State.

3) :
Final Wrap-up. After the Articles are filed with the State, we will send you your articles and other documents.

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Incorporation Prices:


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Name Change Law Library:

  • You can legally change your name by filing a petition with a court and obtaining a court order. read more...

  • Certain governmental agencies may not accept “common usage” as proof of name change. read more...

  • The proper reasons for a name change may include:  a) changing your name due to difficult spelling or pronunciation read more...

  • The legal requirements for filing a name change petition are that one must be a resident of the State and the County where the petition will be filed.  read more...

  • Once the court approves your name change petition, you must notify all governmental and non-governmental agencies such as read more...

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FAQs

 
 

Incorporation:

+ How can a shareholder be personally liable for a corporate loan or liability?

The exceptions are if you sign a personally guarantee; if the corporation owes state or federal taxes or if you do unlawful things or unauthorized transactions through the corporation.
+ What is a "close corporation"?

A close corporation is for profit corporation with 35 or fewer shares and special provisions in the articles of incorporation making it a close corporation. Shareholders in a close corporation can have an agreement that the corporation operate like a partnership and not have annual meetings.
+ How many people must I have in my corporation?

A one-person corporation is allowed. You can be a shareholder, director and officer of your corporation.
+ Can I deduct business losses from my taxes?

A C-Corp can deduct business losses. Its shareholders cannot deduct the losses. On the other hand, with an S-Corp shareholders can deduct shares of losses in their individual tax returns.
+ What is an S-Corporation?

When a corporation elects to be treated as an S-Corp, all income "passes through" to the shareholders. This avoids the double taxation effect of a C-Corporation.
+ What are the requirements to be an S-Corporation?

To be treated as a S-Corp, the corporation must file the proper form with the IRS. The corporation cannot have more than 100 shareholders; each shareholder must be a U.S. Citizen, or resident; there has to be one class of stock; and the business must generally use the calendar year as its fiscal year.
+ What is a n Employer ID Number?

This is also known as an Federal Tax Identification Number. It is used to identify your business. If your business intends to have employees, file tax returns, withhold taxes, have retirement accounts, then you will need an EIN.
 
 
 
 

Corporate Members :

 
 
 

Simple 3 Step Process

step1 Answer a few simple questions.
step2 We will draft your Articles of Incorporation.
step3 After the Articles are filed with the State, we will send you your articles and other documents in a Jiffy.