Business Law
Deciding how to organize your business can be difficult and complicated, which is why it’s crucial to take an informed approach. We can advise you on which business entity is best for you and show you how to maintain a strong corporate veil keeping your personal assets protected from any business liability.
Basic Corporate Package – $600
Incorporate Your Business
- Preliminary check of the company name with the Secretary of State
- Preparation & Filing of Articles of Incorporation/Organization
- Preparation & Execution of By-Laws/Operating Agreement
- Preparation & Execution of Initial Minutes
Complete Corporate Package – $1,000
- Includes all of the Basic Corporate Package plus:
- Personalized Corporate/LLC Kit
- Custom Stock Certificates
- Transfer Ledger
- Corporate/LLC Seal
- Preparation & Filing of your Federal Tax ID Number
Why should I incorporate?
Incorporating or organizing your business as an LLC protects your personal assets in the event that your business is sued. It keeps your personal assets and business assets separate preventing your personal assets from being attached due to legal proceedings. A properly formed and maintained Corporation or LLC will stop your personal assets such as your house and personal bank accounts from being used to satisfy judgments and debts incurred by your business.
Should I organize my business as an Incorporation or an LLC?
Organizing as an Incorporation or LLC gives you the same level of protection with respect to your personal assets. The taxes paid by an Incorporation and an LLC can differ, however. So when asking which entity you should pick for your business, you will need to determine the tax implications of each. An accountant or CPA can help you determine what your tax liability would be. By working closely with your accountant or CPA, we can determine the right entity for your business.
Other than protecting my personal assets, what are some other benefits to organizing my business?
Organizing as an Incorporation or LLC can make it easier for you to raise or borrow money for your business. It makes it easier for your business to take on partners. And it makes it easier to leave your business to your family or heirs in your will or trust.
What do I need to do after I organize my business?
Once you have organized as either an Incorporation or LLC you will need to do some minor annual maintenance to keep your business in good standing with the Secretary of State. You will need to file an Annual Report with the Secretary of State and do Annual Minutes whereby the actions taken by the company during the year are ratified and approved by the shareholders or members. Our office makes maintaining your Corporation or LLC easy. We prepare all the necessary forms and paperwork you need each year, which allows you to focus on your business operations.