Month: September 2013
Delaware is one of the most popular places to incorporate, but there are a number of factors business owners should consider when deciding which jurisdiction will be the legal home of their company.
Below, we'll go over some of the reasons why more than 1 million entities—including 50 percent of all publicly traded U.S. companies and more than 60 percent of Fortune 500 firms... Read More
If you currently own or are thinking about starting a business, you have probably heard people talk about the benefits of incorporation. But you may be wondering: is it necessary?
The short answer is no. You can run your business as a sole proprietorship without filing Articles of Incorporation. However, while there is generally no legal requirement for you to incorporate your business... Read More
In a recent article published by Forbes, tax attorney Robert Wood discussed some of the reasons why business owners elect to form an S corporation rather than a traditional C corporation.
As Wood explained, a company's Articles of Incorporation are its "birth certificate," but they do not specify C or S status, as this distinction is solely related to tax treatment. All ... Read More
Delaware's attractive business climate has always made it a popular choice for businesses that are interested in forming a corporation. However, incorporation in Delaware takes many forms. Data from the state's Economic and Financial Advisory Council reported that in 2012, fewer than 25 percent of new legal entities were traditional C-corporations.
Recently, limited liability... Read More
If you're an entrepreneur who is interested in incorporating your business, there are a number of entity choices available to you. A popular choice is the S Corporation, which is a special type of corporation that offers similar taxation benefits to those of a partnership and an limited liability corporation (LLC).
Business owners who decide to form an LLC typically do so fo... Read More
Forming a corporation may seem like a rite of passage for many ambitious entrepreneurs - adding that "Inc." or "Corp." designation after the company's name is almost a validation of their hard work and dedication growing the organization. However, incorporating your business involves creating a new entity and is a formal filing with the Secretary of State, and should... Read More