$1000 Flat Fee for Forming Your California Corporation
The fee includes the State filing fee and corporate binder. I will personally meet with you after your Articles of Incorporation has been filed with the State so we can prepare the bylaws and the initial meeting of the directors. Please call or email me for a free consultation.
Incorporate Your Business
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 and etc. In return, corporations offer an excellent way to raise capital from investors in order to aid the growth of the business.
Generally there are 3 types of corporate members. Directors, Officers and Shareholders. Directors are given the responsibility of managing the corporation. They meet regularly and make decisions as the “board of directors.” The number of directors are usually set forth in the articles of incorporation. Officers are in charge of the day-to-day operation of the corporation. For example, the president of the corporation will usually run the business and the chief financial officer will take care of the money matters such as writing the checks and managing the corporate funds. Shareholders are owners of the corporation in that they have paid a certain sum for their shares. At certain times, shareholders vote for the directors and they must vote to approve changes to the bylaws, sell stock, amend the articles of incorporation and etc.
Incorporate your business and protect your personal assets from lawsuits and creditors. Mosesi.com can check the availability of your business name and prepare and file your articles of incorporation. Once the articles are filed, we’ll prepare your custom bylaws, resolutions, corporate kit and seal, sample business forms, Tax Identification forms and S Corp election documents. We will also sit down with you and give you detailed instructions on how to hold your initial meeting to elect your directors, officers and adopt the bylaws. Call us for an initial consultation.
Advantages of Incorporating
- ROOM TO GROW
- Take on more investor in your business by issuing shares.
- PASS-THROUGH TAXATION
- Avoid double taxation by forming an S-Corporation
- Shield personal assets from business creditors.