How to Incorporate Your Business in 3 Easy Steps

how to incorporate your business

IncParadiseSPONSORED POST
Since 1996, IncParadise offers incorporation services for businesses in all 50 states, along with registered agent services to assist in the preparation of annual reports, DBAs, filing of dissolution and much more.

Forming a company in the U.S. doesn’t have to be difficult – but for many it can seem like a daunting task. If you are not sure what you are doing, filing and sending in the necessary incorporation documents to form a corporation or LLC could be quite complicated and time consuming. And this is valuable time you could be devoting to running your business.

The ideal solution is to choose a company that specializes in incorporating companies to guide you through the necessary steps.

So here are 3 easy steps, compliments of incorporation specialists IncParadise, to help you form a new corporation or LLC (and it’ll take you less than 10 minutes!)



1. Choose a State to Incorporate

The first step when you are forming a new corporation is deciding WHERE to form a company.

If you are running a local business, the easiest way is to form a company in your state.

If you have a global business, it’s useful to choose a state that may offer you some tax benefits. For example, in Nevada or Wyoming there are no state taxes so it could be an ideal choice for a lot of businesses.

2. Ordering Incorporation Service

If you decide to incorporate, your best bet is to work with an incorporation service that has all the services needed to place an order.

First you’ll choose the state where you would like to incorporate, then you’ll choose whether you want to incorporate as a “Corporation” (INC) or “Limited Liability Corporation” (LLC).

The entity for your future company, INC or LLC, is a decision that is up to you. In some cases it could better to use INC than LLC, while other cases it could be vice versa. Before you make your decision, be sure you understand the differences between INC vs LLC, such as liability and tax implications.

When filing the necessary information for your incorporation you will need information such as managers of company, name of a company and so on. After filing, you should receive Articles of Incorporation within a few days. (It’s really that easy!)

3. Preparing of Company minutes and Managing of Renewals

After forming your company incorporation it is important to create Company Minutes.

Company Minutes can include:

  • Minutes of Initial Directors Meeting (this is where the ownership of your corporation is determined)
  • Stock Certificates (Stock certificate for each new owner)
  • Minutes of Initial Shareholders Meeting
  • Corporate Bylaws
  • Stock Ledger

Incorporation services like IncParadise even give you access to a free Company Minutes application where you are able to create all Company minutes in just a few steps.

The final step is managing upcoming renewals. You’ll want to stay on top of deadlines for renewing important services like registered agents.

Registered Agent: A person who is designated in the articles of incorporation/organization to receive service of process or other important documents from the state. All corporations and LLCs must choose a person to act as their registered agent.

Again, incorporation services can include important notifications when these deadlines are approaching that you’ll never miss deadline for renewal of these important services.

IncParadiseSPONSORED POST
Since 1996, IncParadise offers incorporation services for businesses in all 50 states, along with registered agent services to assist in the preparation of annual reports, DBAs, filing of dissolution and much more.



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