Company Incorporation Reviews
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Company Incorporation Reviews
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If you're looking to quickly and easily incorporate your business, then Legal Zoom is the website for you. With multiple packages to meet your company incorporation needs, an easy-to-use website, and vast quantities of information that will enable you to make informed decisions about your business ventures, Legal Zoom has earned our highest rating.
The Company Corporation offers a lot of beneficial services for the price of their packages. The website is easy to navigate and very professional. Additionally, The Company Corporation offers some great information to help you make an educated decision about the type of corporation you would like to become, or whether you should incorporate at all.
Incfile strictly offers incorporation services, including LLCs, S-Corps, C-Corps, and Nonprofits. Their pricing is extremely competitive, and customers are highly satisfied with the service they've received from Incfile's knowledgeable, supportive representatives. The website is very easy to use, and features a Learning Center that walks customers through every piece of the incorporation process.
Rocket Lawyer provides customers a 4 step simple process to incorporate your company. While other companies do a better job of describing the included aspects of their service, the Rocket Lawyer website is clear, simple, and user friendly. They ranked high due to their free trial option that allows someone to complete the necessary documents to incorporate their company at no cost, outside of the State filing fees.
Corporate Creations offers company incorporation services for corporations, LLC's, non-profit corporations, and even offshore companies. They've been providing reliable company incorporation services since 1993, and they offer a unique price-match guarantee up to 30 days after your purchase.
My New Company offers company incorporation services in all 50 states. The website is simply laid out and easy to navigate with helpful resources and customer testimonies. However, this website does not seem as professional as the higher-rated selections, nor does it provide as much information about the company incorporation process.
My Corporation offers company incorporation services for general for-profit corporations, S corporations, non-profit corporations, professional corporations, and LLC's. My Corporation's website provides valuable information, but be prepared to search a little harder for your answers to a straightforward questions about their cost of services. My Corporation's rates are some of the highest we found.
Find Legal Forms provides all of the forms necessary to incorporate a company at a very affordable price. However, shoppers will find far less assistance in using this service and may struggle to properly complete the documents needed to legally incorporate their company. For a more user friendly, professional incorporation experience website we suggest you shop higher on our list.
So, you've started a business and are ready to take it to the next level - incorporation. For many this can seem a daunting task. However, there are plenty of online company incorporation services available to help you take this leap - and enable you to save $1,000 or more in legal expenses!
Corporations are legal entities that have legal personalities that are separate from those of its members. This provides some benefits in terms of liability. Unfortunately, the true value of company incorporation can often only be seen when a business faces a lawsuit or bankruptcy. For example, if you operate a sole proprietorship, you, as an individual, are legally responsible for the business. In fact, your personal assets may be seized to pay off the business' debts. On the other hand, shareholders (owners) are usually not liable for the obligations of a corporation.
The tricky part comes in determining which type of corporate entity is right for you. Choices include Limited Liability Companies (LLC), S Corporations, C corporations, non-profit corporations, and professional corporations. Thankfully, the best company incorporation services provide discussions of the merits of each type of business entity, so you can determine which entity type makes the most business sense to you. Additionally, once you have made this determination, some company incorporation services will register your business with the State by filing Articles of Incorporation, Organization, and other legal forms.
When looking at different company incorporation services, there are certain factors you need to consider. Some of these include:
TopConsumerReviews.com has reviewed and ranked the best company incorporation services available today. We hope this information helps you start protecting your business venture today!
Why Should You Incorporate Your Business
Perhaps you've been in business for a while and feel you want to formalize your status, legally and otherwise. Perhaps your business has been local to date, but you are looking toward operating in more than one state. Maybe you are competing with larger companies in the same niche and feel a change in legal status will bump up your credibility. Or maybe you just like the sound of the syllable "Inc." after your business name.
There are myriad answers to the question, "Why should you incorporate your business." Following are just a few:
Protect Your Assets
If you've owned a sole proprietorship, you know all too well that not only does the buck stop with you relative to operations, you're also on the hot seat when it comes to financial and legal complications that may arise. If a sole proprietorship stumbles under the weight of excessive debt or is taken to court, it's the proprietor's personal as well as business assets that are at risk. A corporation is a legal entity all its own. If your company faces legal issues or cannot meets its obligations, your personal assets do not come into play.
Gain Tax Advantages
When you incorporate your business, the IRS allows you to get a tax ID number for your business, establishing its status as a separate entity relative to tax liability. In fact, a corporation files its own tax return -- paying taxes on its profits -- at a complete remove from your individual return.
Separate tax identity alone can be enough justification for some to incorporate their businesses. Keep in mind, though, that when you incorporate, you and any other owners also become shareholders. If your company distributes dividends, you must pay taxes on that dividend income when you file your personal return.
When you incorporate, you must make your business known to state, and sometimes local, authorities. Regulation specifics vary by state, but nearly universally, you must file articles of incorporation with your state's Secretary of State's office. In addition, you will have to create and record by-laws. Moreover, you'll have to set up a calendar of regular shareholder meetings; the minutes from those meetings must be recorded and kept on file at your company. The shareholders are required to elect a board of directors who must also meet regularly to make important decisions about the firm. Not surprisingly, establishing a corporate structure typically requires engaging the services of a lawyer or law firm.
Make a Name (or Two) for Yourself: State and Local Recognition
One key step toward incorporation is filing a business name with state and/or local authorities. If you want to do business under more than one name, you'll also need to file one or more fictitious business name statements. For example, if your company is called Snow Corporation, and you want to sell skis under the name "Speed Plus Company," you have to submit the appropriate paperwork to the relevant authorities.
Finally, incorporating your business makes it possible to raise capital by selling shares to stockholders. Relying solely on bank or personal loans or company profits for financing will be a thing of the past.
The decision to incorporate should be a deliberate one. The administrative costs alone should be enough to deter you from entering into this new status lightly. Should you decide to take the plunge, incorporating could be a crucial step in your company's journey.
Company Incorporation In The News
PHILADELPHIA, March 16, 2018 /PRNewswire/ -- Aberdeen Emerging Markets Smaller Company Opportunities Fund, Inc. (NYSE American: ABE) (the "Fund") announced that shareholders of the Fund voted to approve an Agreement and Plan of Reorganization (the "Plan ...
Published: Fri, 16 Mar 2018 14:47:00 GMT
Miami, Florida, March 16, 2018 (Newswire.com) - The reason why companies keep coming back to Credit Counsel Inc. has been because of their motto, which is if there is no collection, there is no charge. Also, that's the promise the company makes to ...
Published: Fri, 16 Mar 2018 15:06:00 GMT
WAKEFIELD, Mich. (WLUC) - At the beginning of 2017, Highland Copper Company Inc. began a feasibility study to create a copper mine in the Wakefield/Ironwood area. In February, MDOT awarded the company an economic development grant worth nearly $4.8 million ...
Published: Fri, 16 Mar 2018 15:51:00 GMT
Here's what this means for Apple's business. The primary effect of the introduction of an upgraded iPhone SE would've been a slight boost in iPhone unit shipments and revenue during the second half of the company's current fiscal year. There would've ...
Published: Fri, 16 Mar 2018 16:46:00 GMT
Shares of Merck & Company Inc. (new) (MRK) ended the trading day Wednesday at $54.80, representing a move of -0.16%, or $0.09 per share, on volume of 11.14 million shares. Merck & Co Inc is a health care company that delivers health solutions through its ...
Published: Fri, 16 Mar 2018 11:09:00 GMT
OKLAHOMA CITY - Oil-field valve manufacturer Kimray Inc. is expanding into the pipeline market ... which is considered the "upstream" portion of the oil and natural gas business. The company has a few applications in the pipeline and processing sector ...
Published: Fri, 16 Mar 2018 10:59:00 GMT
The addresses of Sym-Tech and of Mr. Wells are 35 West Pearce Street, Unit 14, Richmond Hill, Ontario L4B 3A9. SOURCE Sym-Tech Inc. Markets Insider and Business Insider Editorial Teams were not involved in the creation of this post.
Published: Fri, 16 Mar 2018 14:26:00 GMT
In light of that, I suppose I should feel a little less bittersweet than I do about the change underway at Inc. The entrepreneur who owns our company, Joe Mansueto, founder of Morningstar and quite a change agent himself, has asked me to oversee both Inc ...
Published: Fri, 16 Mar 2018 11:03:00 GMT
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