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Do you want to incorporate, but you are not sure which business entity to choose from?  If so, please contact the Law Offices of Tina M. Barberi to help you decide which entity to right for you.  We can incorporate your business quickly and efficiently. Contact us today for a free consultation to discuss how we may assist you in your matter.

Corporate Process

To begin the corporate process, the first step is to select a corporate name.  Once the name is chosen, the Articles of Incorporation must be drafted and filed with the Secretary of State. The next step is to create the by-laws, and hold the first meeting of the board of directors.  An Employer Identification Number (EIN) must be obtained from the IRS and a Subchapter "S" election must be decided.  A Statement of Information must be timely filed with the Secretary of State's office.

Corporate Law

The corporation should then open a corporate bank account.  Stock certificates should be issued to the corporate shareholders.  In addition, forms should be filed with the Employment Development Department, as well as the County and City requirements in order to conduct business after forming the corporation.  This is not the entire process, but a quick reference.

The corporation should then open a corporate bank account.  Stock certificates should be issued to the corporate shareholders.  In addition, forms should be filed with the Employment Development Department, as well as the County and City requirements in order to conduct business after forming the corporation.  This is not the entire process, but a quick reference.

S Corporations are very popular because it eliminates double taxation.  The disadvantages are that it is limited to one class of stock, is limited to 75 shareholders and cannot be owned by corporations, LLCs, partnerships or non-resident aliens.

If a corporation is not right for you, we can also form an LLC or LLP.  The process is similar to the corporation, which is outlined above.  An LLC or LLP is similar to a corporation because it also limits the financial exposure of its owners, but taxes are passed through like a partnership.  An LLC only requires one member.  Many people choose this business form because it is similar to a "S" Corporation when they are unable to qualify for a "S" Corporation.

Please contact our office to have your business needs handled quickly and effectively. We offer one half hour fee consultation to discuss the formation of your company to a limited liability business.   If you are interested in forming a business entity, please contact our office to discuss your matter with you.