Incorporation Services | S-Corp | C-Corp | LLC

Congratulations! on your new venture. We wish you the very best and hope to add to your success by being your legal backbone. With that said, lets go over some basics on getting your business incorporated so that you are properly protected. 
LET US HELP YOU INCORPORATE TODAY!

Our Value Proposition: We provide our clients with all the following: 
  • We take the time to understand your business to determine the right entity for you
  • Our Bylaws are custom to your business needs 
  • We provide you with a Minute Templates for your corporate meetings
  • We provide you with your own stock certificates
  • Stock Transfer Ledger (so that you can transfer stocks to stake holders, employee, etc)
  • Corporate Seal
  • Detailed Guidance with templates on how to run your corporation and comply with all rules and regulation
  • Free One hour consultation with us on any corporate matter of your choosing

Do it the right way the first time and call us today! 1 (800) 929-5140

How do I incorporate? Benefits of Incorporation?

Often new business owners choose to run their new business as a Sole Proprietorships. Sole Proprietorships do not distinguish between the business and its owner(s). The owner(s) and the business are treated as one. If something happens in the business, your personal assets are not shielded. If your business fails. Creditors will reach into your personal assets. Clients are often misinformed about the disadvantages of Sole Proprietorships, which can prove to be risky and often disastrous. 

You can protect yourself by changing your business format from a Sole Proprietorship to either a Corporation or LLC. A Corporation or LLC do an excellent job in separating you from your business. What are the advantages of doing this?

PERSONAL ASSET PROTECTION 
Choosing between a LLC or Corporation will depend on several factors. We help our clients choose between these options based on their needs, business type and future prospects. Whether you go with a LLC or Corporation, you will end up separating yourself from the business, which will protect your personal assets from creditors. This is highly advantageous to owners of businesses. You always want to separate your personal assets from your business; keep them in two separate spheres.

BUSINESS CONTINUANCE 
Once you format your business as a Corporation or LLC, it can continue to exist with or without you. This is a good thing. You spend all your energy starting and growing your business. After several years, it is time for you to move on, retire, or sell the business. Having your business under a Corporation or LLC will allow you to accomplish one or many of these goals swiftly and with minimal costs. Accounting, Assets and other Corporate property is easier to identify when you are incorporated. This is often not the case for Sole Proprietorship's. Owners often commingle personal and business assets in Proprietorship's because they are not forced to make the distinction. When it comes to selling the business this becomes a huge burden and leads to expenses. 

BRAND IDENTITY 
As you build a business, it acquires an identity. This identity will continue under the incorporated name of the business perpetually. One of the biggest benefits is that should you decide to sell or transfer the business, the brand identity will continue on under the Corporate or LLC name. 

TAX ADVANTAGES
If you incorporate, you enjoy certain tax benefits that you would not enjoy under Sole Proprietorship. Enjoy protection from tax liability. Corporations are separate tax entities and is responsible for its own taxes and liabilities. This shields the owner from being personally liable for the taxes of the corporation. A corporation also enjoys greater tax deductions. For instance, all medical premiums, life insurance, entertainment expenses can be deducted by a corporation. You are also allowed tax deductions for business losses. 

I WANT TO INCORPORATE! WHAT SHOULD I DO NEXT?
If you have decided that you wish to incorporate. Please give us a Call at 1-800-929-5140, we will assist you in deciding which Entity is appropriate for you. 

WHAT SHOULD I EXPECT FROM DRASON LAW FIRM WHEN INCORPORATING?
We provide outstanding benefits and services to our clients. Our Incorporation package contains the following: 
  1. Sample Minutes Guide for your Company
  2. Stock Certificates 
  3. Custom Bylaws 
  4. 1 Hour of our Complimentary Free Consultation on any Business Matter
  5. Leather Binder for your Stock Certificate, Bylaws, Guides and other important documents
  6. Tax Information for your Corporation
  7. A personal recommendation sheet on Contracts and other important consideration once your are up and running

How do I incorporate my business?

STEP 1: PICK A NAME FOR YOUR BUSINESS
Picking a good business name is crucial. Your customers will identify with your services or goods by the name you give your business. We often have clients who spend little time picking a business name. They forget or ignore to do some investigation to see if the name is taken, or trademarked. We suggest that you make your name as unique as possible. Come up with a list of choices. Sometimes you just want to name the business after your family. This is perfectly acceptable. You may want your business name to be different, unique or quirky, this works as well. 

STEP 2: DECIDING ON THE STRUCTURE OF YOUR BUSINESS, ENTITY
You have many options here. Whether LCC or a S-Corp is a fit for you will depend on your company, what you are trying to do, and your vision. Different states have special rules and regulation on incorporation and entity structures. They are often confusion and cloud your decision. 

We assist most of our clients whether they be a start-up or a well established company creating a new venture. A corporation is its own person, carries its own identity, which is separate from its owners. Such corporations offer protection from  personal liability against corporate debt and other liabilities related to the corporation. 

We highly recommend that you call our toll free number, 1-800-929-5140

DIFFERENT TYPES OF LEGAL ENTITIES

benefits of creating an llc

·      Avoid double taxation, Pass through taxation
·      No need to hold corporate meetings 
·      No need to setup an official parole system
·      Heightened Credibility 
·      Limited Compliance requirements compared to other business forms
·      Few ownership restrictions

benefits of creating an s-corp (S corporation)

·      Protected assets 
·      Tax favorable characterization of income 
·      Pass-through taxation
·      Easy transfer of ownership
·      Heightened credibility 

benefits of creating a C-corp (c corporation)

·      Protected assets 
·      Unlimited owners (Compared to S CORP)
·      Indefinite Life 
·      Easier to raise capital 
·      Easy transferability of ownership
·      Tax deductions
STEP 3: DECIDE WHETHER YOU NEED DRASON LAW FIRM TO ASSIST YOU PICKING A CORPORATION
Drason Law Firm specializes in helping our clients pick a business entity that is right for them. During our meeting with will discuss your business, its goals, its vision, and determine what legal entity will work for you. We will provide you with advantages and disadvantages of different legal structures and their potential impact on you. 

WE WILL PREPARE AND FILE ALL THE NECESSARY PAPERWORK FOR YOU. Let us take care of your legal needs. We highly recommend that you call our toll free number, 1-800-929-5140 

STEP 4: DECIDE WHETHER YOU WISH TO USE DRASON LAW FIRM AS YOUR REGISTERED AGENT
Many states require that you have a registered agent within the state of Service or Process. This requirement is to ensure that should a person decide to sue a corporation that you will have a designated person to accept these papers. 

Having us as your registered agent will ensure: 
·      You have a registered agent to accept any legal documents on your behalf
·      We accept all service documents on behalf of your company 
·      We provide free forwarding services for all other official correspondence 
·      We will ensure that you company’s registration is up-to-date.

We have low setup and maintenance fee's for registered agent services.

STEP 5: OBTAIN A TAX NUMBER FROM THE IRS
Since you and your business are going to be separate, the business will also have its own tax number. You must obtain the EIN number from the IRS. http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Apply-for-an-Employer-Identification-Number-(EIN)-Online

STEP 6: CREATING A BUSINESS CHECKING ACCOUNT
It is important to make sure business funds are kept separate from private funds. Co-mingling of funds can cause some serious problems if your business gets sued. You can start your own business checking by taking the Secretary of State approval documents and your Tax EIN number to any local bank. 

STEP 7: OBTAIN A LOCAL BUSINESS LICENSE TO OPERATE
Most cities require that you obtain a business license in order to operate your business within the city. You will have to go on the cities business page, and download the appropriate licensure documents. They are usually between 1-4 pages. 

Relax and know that Drason Law Firm located in San Jose, CA is always here to answer any questions you may have regarding your business. Take advantage of our low rates. Do not hesitate to call us today. 1 (800) 929-5140

we are incorporation lawyers of california

We take the incorporation process and simplify it. You have access to excellent incorporation attorneys that will answer all your incorporation related questions, and take care of the whole incorporation process for you. We do this is by discussing various incorporation related questions to get a detailed understanding of your business, so that we can account for any potential risks, and future growth related issues for you. You want to get your incorporation done right the first time. We often have clients who use online services to incorporate, and a few months later end of having to make changes because they did not account for the changes in a fast growing business. Remember, amendments to an already incorporated company can be expensive, because you now have to pay a lawyer to understand what was done in the first place. Get your incorporation done right the first time. 

Proper incorporation will ensure that you and your business stay protected. Don't risk being left high and dry, because you failed to follow proper corporate procedures. 

    Need help with incorporation? Let our attorneys help you

Incorporation

Bylaws

LLC Operating Agreement

professional corporation

Stock authorization | Founders Stock


We work with clients, and seek to work with clients, in all of Northern California, including the following cities and counties: Alameda, Albany, American Canyon, Atherton, Belmont, Belvedere, Benicia, Berkeley, Brentwood, Brisbane, Burlingame, Calistoga, Campbell, Clayton, Cloverdale, Colma, Concord, Corte Madera, Cotati, Cupertino, Daly City, Danville, Dixon, Dublin, East Palo Alto, Emeryville, Foster City, Fremont, Gilroy, Half Moon Bay, Hayward, Healdsburg, Hercules, Hillsborough, Lafayette, Larkspur, Livermore, Los Altos, Los Altos Hills, Los Gatos, Martinez, Menlo Park, Mill Valley, Millbrae, Milpitas, Morgan Hill, Mountain View, Napa, Newark, Novato, Oakland, Oakley, Orinda, Pacifica, Palo Alto, Petaluma, Piedmont, Pleasant Hill, Pleasanton, Portola Valley, Redwood City, San Bruno, San Carlos, San Francisco, San Jose, San Leandro, San Mateo, San Pablo, San Rafael, San Ramon, Santa Clara, Santa Rosa, Saratoga, Sausalito, Sebastopol, Sonoma, South San Francisco, St. Helena, Suisun City, Sunnyvale, Union City, Vacaville, Vallejo, Walnut Creek, Windsor, Woodside, Alameda County, Contra Costa County, Marin County, Napa County, San Francisco County, San Mateo County, Santa Clara County.