Incorporating your business with a Paralegal:
Why Use A Paralegal To Incorporate In California
The biggest reason to incorporate a business is the separation of your personal assets from business liabilities. If incorrectly done you can leave an opportunity for a diligent attorney to pierce the corporate veil should an issue ever arise. There are also some potential tax breaks and deductions you may be able to take (consult a tax professional).
A legal professional can help you understand:
- Which type of corporation you should register as either a C-corporation or S-corporation
- A name which distinguishes it from other entities registered in the state, sometimes you may also need to file a DBA
- Filing the articles of incorporation and appointing a registered agent
- Creating bylaws for the corporation and laying out the rules for the company's operations
- Determine directors and the election of officers procedures and formalization
- Issue stock
We typically see people file corporations on a national website. Yes, these work and yes they can be done quickly and fast, but you do get what you pay for. We provide open and honest answers, plus when it comes time to add various details most of the services do not allow for the drafting of unique paperwork.
If your goal is to grow. your business and add shareholders it is imperative you connect with us to address your 'what-if' scenarios. While we can not provide legal advice we can add the specific items you want, done at your direction. We also have access to business advisors who can speak about their personal experiences, which may help you more clearly define your goals.
California incorporation typically takes one to two weeks when done as a priority, using regular mail can take up to a month. We also provide rush filings which can be done in 24 hours.
When To Use a Paralegal
- Legally prepare incorporation forms for you.
- Set up with the IRS the correct tax election.
- Prepare and submit the statement of information.
- Prevent suspension of your business.
- Perform quarterly and annual updates including minutes.
- Full review of all corporate records for completeness.
A Paralegal can not give legal advice or go to court and advocate for you the same way an attorney will. The cost for a paralegal is usually less than an attorney.