CORPORATIONS & OTHER BUSINESS ENTITIES
We organize various types of business entities: Corporations, Limited Liability Companies, General and Limited Partnerships in all 50 States. Many of these entities, when properly set up and capitalized, allow their owners to limit their liability to the amount of their investments. However, please keep in mind that such protection only remains if the required legal formalities continue to be observed.
We also handle those formalities (shareholders’ meetings, annual and special minutes).
Should you incorporate in Delaware?
Many internet-based enterprises advertise a Delaware entity as a business panacea (and often a way to avoid paying State taxes.) Certainly Delaware enjoys well established corporate laws, which makes it a premier State of incorporation for multinational concerns.
However, if your goal is to create a small California-based business, a Delaware incorporation may turn out to be a needlessly expensive choice. Using such an entity to try and avoid State taxes might be illegal and dangerous.