How Business Lawyers Help You Incorporate
Business lawyers at Brown & Charbonneau, LLP can provide you with invaluable assistance in determining if you should incorporate your business. If you decide that incorporation is the right approach to structure your business entity properly, our dedicated and experienced legal team can guide you through every step of the incorporation process.
Choosing the right business structure is important to provide you with protection from liability, to allow your organization to grow and thrive, and to ensure that your company is able to transition to new owners after you step away from the management of the business. At Brown & Charbonneau, LLP, we can discuss your needs and evaluate the pros and cons of different business structures. We can help you to select the right entity for your particular goals and — if you decide to incorporate– will guide you through the entirety of the incorporation process.
How Business Lawyers Help You Incorporate
Incorporation involves forming a separate legal entity for your business. Your company will have its own identity, separate from you, after you have incorporated. This provides you with the maximum in liability protection as long as you do not co-mingle your funds with the corporation. Your potential losses are limited to the investment in the business once you have incorporated and your business and personal finances are separated.
Incorporation also facilitates the transfer of business assets, as you will own shares in your incorporated company that you can pass on to new owners. This helps your business to survive even after you are no longer actively involved in the day-to-day management.
But, while incorporation has myriad benefits, there is a process that must be completed in order for you to incorporate. You will need to file paperwork with the California Secretary of State to indicate that you are forming a for-profit corporation. You will need to take steps such as name a registered agent for the corporation and you will need to provide instructions for how many shares each co-owner will be granted and what role each co-owner will play.
Brown & Charbonneau, LLP will help you to complete your articles of incorporation and other paperwork associated with the incorporation process. We can assist you in understanding the process of incorporation, including fees and costs, and will work with you to ensure your paperwork is in order so your corporation can come into existence.
Our firm will also assist you in determining if your corporation should operate as a S-corporation or as a C-corporation. There are big differences in how these different types of corporate entities are taxed and there are specific requirements associated with operating as an S-corporation including filing an S-corp election in a timely manner. You should contact Brown & Charbonneau, LLP to find out about how we can help you to become either an S-corp or a C-corp depending which is right for you.
Getting Help from Business Lawyers with the Incorporation Process
Business lawyers at Brown & Charbonneau, LLP will be your partner in the process of forming or growing your business. From helping you to choose the right business structure to guiding you through the incorporation process to addressing the other issues that affect business operations, our firm has the knowledge and experience necessary to help your company achieve big things.
To find out more about how our firm can help your company, whether you are a startup or an established organization, give us a call at (866)237-8129 or contact us online today.