C-Corporation Business Creation Services
Our team of advisors can help you design the ideal structure for your company. We offer a flat fee service that includes creating all necessary company documents and advising on local business licenses. We aim to ensure your business fully complies with all federal, state, and local requirements. Additionally, we provide ongoing support to help your business thrive beyond its inception. Whether you need guidance on financial planning, marketing strategies, or operational management, our experienced consultants are here to assist you.
Clients are responsible for providing accurate and complete information necessary for the successful creation and registration of their business, responding promptly to requests for information and feedback to avoid delays, and ensuring compliance with all applicable laws and regulations.
Clients are responsible for providing accurate and complete information necessary for the successful creation and registration of their business, responding promptly to requests for information and feedback to avoid delays, and ensuring compliance with all applicable laws and regulations.
Benefits of Establishing a C-Corporation:
- Limited Liability Protection:
- One of the primary advantages is limited liability protection. Shareholders are generally not personally responsible for the corporation's debts and liabilities, protecting their assets.
- Perpetual Existence:
- A C-Corporation is perpetual, meaning it can continue to exist even if shareholders or critical personnel change. This can provide stability and continuity for the business.
- Ease of Capital Formation:
- C-Corporation can quickly raise capital by selling shares of stock. This can make it more attractive for investors, as they can buy and sell shares, and the corporation can issue additional shares to raise funds.
- Employee Benefits:
- C-corporations can offer various employee benefits, such as health insurance, retirement plans, and stock options, which can help attract and retain top talent.
- Separate Legal Entity:
- A C-corporation is a legal entity distinct from its owners. This separation can provide legal protection and help maintain the continuity of the business despite changes in ownership.
- Tax Flexibility:
- While C-Corporations are subject to corporate income tax, they have more flexibility in structuring their tax arrangements. Deducting certain business expenses can help reduce taxable income.
- Income Splitting:
- Shareholders of a C-Corporation can split business income among themselves and the corporation. This can potentially result in tax advantages, especially if shareholders are in lower tax brackets.
- Stock Options and Incentive Plans:
- C-Corporations can issue stock options and other equity-based incentives to employees, which can be valuable for attracting and motivating key personnel.
- Shares of stock are easily transferred.
Services included in a C-Corporation Creation:
- File business with the IRS for the Employer Identification Number (EIN).
- File the Articles of Incorporation with the Secretary of State (SOS) or other applicable state entity.
- Create Bylaws for the Corporation.
- Create Annual Minutes for the Corporation.
- Create Form W9 for the Corporation.
- File the State Registration for the new entity with the SOS or other applicable state entity.
- Instruct client on opening a business checking account and support client where needed and as necessary.
- Support the client in paying any minimum tax due to the applicable state entity from the business checking account.
- Research requirements for, support, and set up the following as needed: Fictitious Business Name (FBN), Doing Business As (DBA), Workman’s Comp, Business License(s), and Sales & Use accounts and permits with the applicable state entity.
- Research and support all federal, state, and local requirements to ensure compliance with the business moving forward.
- Set up a new QuickBooks Online (QBO) account for the entity.