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HELPFUL INFORMATION |
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What is a Corporation
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Entity Comparison
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What State to Incorp...?
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Compliance Requirements
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International Customers
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Business Articles
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Congratulations! You are on your way
towards completing the first steps required to protect your
personal assets by incorporating your business.
By forming a corporation, you are creating a separate legal
entity that exists apart from its owners and is created
under state law. The defining legal rights and obligations
of a corporation include:
• The ability to sue and be sued,
• Hold assets in its own name,
• Hire Employees and Agents,
• and Signing contracts.
In order to retain corporate existence, the owner(s) must
observe certain corporate formalities such as:
• Holding an annual meeting,
• Taking corporate minutes,
• Issuing shares of stock (if applicable), and
• Appointing officers.
When you incorporate a business, there are three common
business structures on entities entrepreneurs should
consider: an S Corporation; a C Corporation, and Limited
Liability Company (LLC). Let us help you determine which
structure is the “best” fit for your company Be sure to
consider important factors, such as the number of owners
involved, the present and future goals for the business,
whether the owners wish to limit their personal liability,
and the desired type of taxation. Select the following to
learn more about how to incorporate your business as an:
• S Corporation
• a C Corporation
• or a Limited Liability Company (LLC)
If you want to create a Non-profit Corporation, or if you
are located outside of the United States and want to form an
LLC or Corporation, we've got all the information you need
to get started in our Help Me Choose Section. You can also
call us at 1-800-604-2471 for more information.
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