If you are starting a small business or you are thinking of incorporating your existing business, or forming an LLC, you may have seen banners and advertising for an online incorporation service. And if you have, you've probably wondered just how good these services are. Can incorporating online save you attorney fees? If you set up a corporation through an online incorporation service, will it be legal in your state? Could you save even more by buying a book about how to form a corporation or LLC and doing everything yourself instead of using an online incorporation service? These are very logical and common questions that will be addressed in this article. If you do a search on the internet for incorporation service or some similar search term, you will get a multitude of results from all over the world. Many will be an incorporation service for a particular state; some will incorporate your business in any state; while others will offer an incorporation service for offshore locales. You will also see a great variance on total fees charged for this incorporation service which now tend to be more competitive.
You can complete the filing yourself, or utilize the services of an attorney or an incorporation service provider. Using an attorney is the most expensive, but typically doesn't require much of your time. Hiring an attorney is not necessary by any means, but is recommended if you have an unusual situation or just don’t feel comfortable doing it. If you need professional advice, by all means, consult an attorney and/or a professional accountant.
The various services offered by an incorporation service usually includes everything you need to form a new for profit or non-profit Corporation or LLC. This generally includes name availability in your state, and also preparation of the articles of incorporation and other documents required by the state or offshore locale if you are going that route. The incorporation service will forward the documents to you for signature, and after they are returned to them, they file them with the appropriate Clerk of Court. You will receive the appropriate proof of filing from the state.
This self-incorporation service is not meant to circumvent or to cast dispersion from the value of obtaining professional help. While a lawyer can assist you complete the process, incorporating is not as expensive if an incorporation service is utilized.
If you do choose to incorporate your own business, using an online incorporation service will save you time and ensure that the forms get filled out properly and all the paperwork submitted in the proper way.
Many attorneys, accountants and business owners worldwide use an incorporation service simply for the ease, convenience, and speed. While a lawyer can assist you complete the process, incorporating is not as expensive if an incorporation service is utilized. Since so many businesses opt for incorporating online, the companies providing incorporation service is growing rapidly. I have also used an incorporation service in the past and was very satisfied, both from a cost standpoint and ease of use.
In general, forming a corporation can have a positive effect on your clients or customers. They tend to have more of a comfort factor dealing with a professional corporation. So, if you want to form a new corporation or incorporate an existing business, and you aren’t aware of any unusual circumstances, then by all means, use an incorporation service.
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Contributor's Note
Please contact the author for permission to publish this article.
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