Should You Incorporate Your Business?
Incorporation can give your business credibility, prestige and substance. A corporation has certain tax advantages: the owners and directors can be protected from personal liability, the company can exist beyond the life of the owners, business costs can be expensed and/or depreciated over time, and the business can raise capital through the sale of shares of stock.
Corporations can also be used to own property (including real estate, aircraft, or yachts), for certain tax advantages, or to protect personal assets and/or liability.
We urge you to consider whether incorporation is right for operating your business. If you are uncertain, please consult your lawyer or accountant for advice.
If you decide to incorporate, we can form your corporation in the state of your choice. Corp1 can form a Delaware corporation INSTANTLY.