INCORPORATION & LLC
The biggest advantage of a corporation: protecting owners from liability
The primary reason for incorporating is that it separates the business from the owners. The corporation acts like a separate body that can do things like buy and sell property, be taxed and enter into contracts. But most important, it protects its owners from personal liability for corporate debts and obligations.
What’s included in a Business Formation Package
There is flexibility within these business structures. You can choose an S Corp, a C Corp, or an LLC. If you’re not sure which is the best fit for your business, California Document Preparers can assist you, based on the needs and requirements of your organization. We can also refer you to our large network of other professionals, such as local attorneys or accountants.
Most of these business structures include:
- Articles of Incorporation: This is your basic formation document that establishes the company and identifies the number of shares it is authorized to issue. We file this document with the Secretary of State for you.
- Bylaws: The bylaws are the basic framework of the corporation, defining how elections are held and the roles of the officers.
- Initial Resolutions: This organizational document identifies the corporation’s main players, what their positions are and how much stock they own.
- Statement of Information: This is an annual report that tells the Secretary of State who your corporate officers are and who is on your Board of Directors.
- EIN Assistance: This is your tax ID number.
- Corporate Kit, Stock Certificates, and Seal: We provide an elegant binder for storage of your corporate documents, records, seal, and stock certificates.
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The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation.