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Let the business filing experts at MyCorporation save you time, hassle, and money to incorporate your business.
Our incorporation services start at just $69 ( plus required government fees ). Lawyers charge, on an average, over $200 per hour. With our document filing services, you know exactly what you need, what you are getting and how much it all costs from the very beginning.
You could file everything yourself, but when you consider the time needed to file, administer and maintain all the documents necessary to keep your business running legitimately, why would you? MyCorporation offers you serious savings when it comes to your time and resources.
Once you decide on incorporation, simply fill out our online incorporation application and we take care of the rest.
Call one of our business filing experts to walk you through the incorporation process. Or, simply answer our questionnaire online that walks you through the process step-by-step, and one of our experts will contact you to confirm and track your order. We are an online service, backed by real people.
A corporation is a separate legal entity from its owners created under state law. The defining legal rights and obligations of the corporation are: the ability to sue and be sued, hold assets in its own name, hire agents and sign contracts.
In summary, a corporation has the following benefits:
In order to retain corporate existence, one must observe certain corporate formalities such as holding an annual meeting, taking corporate minutes, issuing shares and appointing officers.
Should you incorporate your company or form an LLC ? Visit our Business Incorporation Learning Center for more information about the business incorporation process to determine which entity is best for you, or call us if you have any questions about the process.
After you decide you want to incorporate, consider these things to ensure a smoother experience:
Once you've begun your company's incorporation, you'll receive a list of filing components that are mandatory in your state, and a list of optional business components you may want to consider filing at the same time to save money.
You'll find the costs for the services on our site in the " Incorporate " section and also on the application itself.
Next, fill in your name, address of business, company members, desired company name (for a name search), etc. Then, you'll fill out standard billing information that includes your address, credit card number, and contact information.
With our Rush Filing Service, your Articles of Incorporation and Bylaws can be filed in as little as one week. With our Rush Service, we hand deliver the documents to the appropriate state office-greatly reducing your waiting time.
You'll receive a notification email shortly confirming your incorporation order. Keep a copy for your records. If we have any questions, we'll call you.
Once we've confirmed your order, we charge your credit card overnight from the date of application to pay the required government fees and begin the process of forming your incorporation.
You can check the status of your order at anytime by calling MyCorporation toll-free 1-877-692-6772. Have your confirmation number ready so that we can quickly check your company's incorporation status.
Read more about how we file an incorporation for your business
When you decide to incorporate your business, there are four different business entities to choose from: C-Corporation, S-Corporation, Non-Profit Corporation, or Professional Corporation. Read more or compare business entities in our Comparison Chart.
What sets a corporation apart from all other types of businesses is that a corporation is an independent legal and tax entity, separate from the people who own, control and manage it. Because of this separate status, the owners of a corporation don't use their personal tax returns to pay tax on corporate profits—the corporation itself pays these taxes. Owners pay personal income tax only on money they draw from the corporation in the form of salaries, bonuses, and the like.
An S-Corporation is a regular corporation that has elected S-Corporation tax status. Forming an S-Corporation lets you enjoy the limited liability of a corporate shareholder but pay income taxes as if you were a sole proprietor or a partner. In an S-Corporation, all business profits "pass through" to the owners, who report them on their personal tax returns. The S-Corporation itself does not pay any income tax. Therefore, an S-Corporation elects not to be taxed as a corporation. After the corporation has been formed, it may elect S-Corporation status by submitting IRS form 2553 to the Internal Revenue Service (in some cases a state filing is required as well). Read more about electing S-Corporation status.
State laws distinguish between for-profit (stock) corporations and non-profit (non-stock) corporations. A non-profit corporation often involves an organization whose primary objective is to support some issue or matter of private interest or public concern for non-commercial purposes. Examples of non-profit types might relate to the arts, charities, education, politics, religion, research, sports or some other endeavor. Under the Federal Tax Code Section 501(c), a tax-exempt corporation cannot pay dividends and, upon dissolution, must distribute its remaining assets to another non-profit group.
Read more about Non-Profit Corporations.
If your corporation will be engaging in what your state might call "Professional Services," the Articles of Incorporation must bear special language and the corporation must be formed pursuant to certain statutory provisions.
"Professional Services" according to most states usually consists of the following activities:
It is important to note that most states vary in their requirements regarding licensing of professional activities, therefore, we encourage you to seek the advice of an attorney if you fall within the "Professional Services" statute of your state.
Read more about Professional Corporations.
Our applications allow you to name up to four officers for your corporation when you file with us. Most states allow businesses to authorize one person to serve in the three mandatory positions:
This person's responsibility and authority changes for each position.
The President The President has the overall executive responsibility for the management of the corporation and is directly responsible for carrying out the orders of the board of directors. He or she is usually elected by the board of directors.
The Treasurer The Treasurer is the chief financial officer of the corporation and is responsible for controlling and recording its finances and maintaining corporate bank accounts. Actual fiscal policy of the corporation may rest with the Board of Directors and be largely controlled by the President on a day-to-day basis.
The Secretary The Secretary is typically responsible for maintaining the corporate records. In addition to these required officer positions, a corporation may also have vice presidents and/or assistant secretaries or assistant treasurers.
The purpose of a Registered Agent is to provide a physical address for your business so that it can accept official documents on behalf of your corporation (tax notices, annual reports, legal-process documents such as a summons, etc.).
The primary benefit of this service is that it provides a layer of privacy between you and the public. As the Registered Agent's name and address is one of public record, generally the Registered Agent's legal address will be the one listed in all official public documents.
Penalties for not maintaining a Registered Agent may include fines or revocation of business's corporate legal status. Please note that post office boxes are not allowed.
Learn more in "Registered Agent Services".
To keep your business legally viable, there are a number of steps you may need to follow after you incorporate your business. For example, you may need to file an Article of Amendment if you need to make changes to your company. You also may need to issue stock or file an Annual Report, which is a requirement in most states. Our business filing experts can help you process necessary changes to your business.
Learn more on how to maintain your corporation.
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Contact us today and we can answer your incorporation questions for free and help you start your business today.