Incorporate 101
- 1. Incorporate 101 Protect Your Personal Assets Incorporate or Form an LLC Today Hosted by: John Meyer, The Company Corporation Vic DeBari, The Company Corporation
- 2. What You WillLearn • About Us • Business Entity Structures • Benefits of Incorporating • Where to Incorporate • How The Process Works • What To Expect • Helpful Resources • Frequently Asked Questions
- 3. About Us The Company Corporation • Leader in helping businesses incorporate or form an LLC • Based in Wilmington, Delaware • Call center phone support • Provider of incorporation services on web for over 15 years • Award-winning web site • Nationwide services • Organization has helped over a half million business owners get started • Parent company (CSC Global) dates back to 1899 • Founders created the Delaware corporate laws
- 4. Selecting the RightBusiness Structure • Sole Proprietor • General Partnership • C Corporation • Subchapter S Corporation We Can Help! • Limited Liability Company • Non Profit Formations
- 5. Comparing Corporations &Limited Liability Companies Incorporate vs. LLC Advantages Disadvantages Corporation • May issue shares of stock to attract •Double taxation of corporate profits investors and shareholder dividends •Corporate income splitting may help •Must hold annual meetings and lower overall tax liability record minutes • S Corporations have restrictions on number of owners LLC • Has no limit to the number of • Cannot engage in corporate owners income splitting to lower tax liability • Owners can report profit and loss on • Cannot issue stock their individual tax returns • Not required to hold annual meetings or record minutes
- 6. Benefits of Incorporating • Personal asset protection • Save on taxes • Improve your credibility as a business • Name protection • Ease of ownership and transfer of ownership • Perpetual existence Incorporate a business in less than 10 minutes
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- 8. Two Ways toIncorporate Phone Call Website
- 9. Understanding the IncorporationProcess • Incorporate or Form and LLC in 10 Easy Steps 1. Choose a business name 2. Select the State where you want to incorporate of form an LLC 3. Decide on a business entity structure 4. Identify the purpose of your company 5. For an LLC determine if the company will exist in perpetuity 6. For a corporation, determine the number and par value of shares 7. Identify at least one key executive 8. Provide the address of the business 9. Choose a package and price option 10.Provide a payment method
- 10. Using The CompanyCorporation • What to Expect – Trusted Partner ~ Consultative calls with our experts – Solution for everyone ~ Multiple Package Options – Getting It Done Right ~ Document review – Long history ~ Coordination with State offices – Here for you ~ Registered Agent and Compliance Services
- 11. Using The CompanyCorporation • Incorporation Timeline – Order process (10 minutes or less) – Prep and review of documents (same day) – Filing with State (24 hours up to a couple weeks) – Document Review – Incorporation material sent to business owner
- 12. Resources for Starting& Running a Business • Award winning web site at www.incorporate.com • Call center staffed with specialists • Business formation wizard tool • Free business formation guide • My Account compliance tools • Save $15 off on incorporation packages (Code: Save15)
- 13. Thank you! Questions &Answers Call today! 1-888-340-7239 or visit www.incorporate.com
- 14. About The CompanyCorporation • The Company Corporation has been a provider of incorporation services on web for 15 years • Our organization has helped over a half million business owners get started • Parent company (Corporation Service Company) has been in business for 110 years. Call today! 1-888-340-7239 or visit www.incorporate.com