I assist startup and on-going businesses with their incorporation needs. In contrast to online start-up services, I advise clients on the particular options and subtleties of state incorporation law. Common formations include statutory close corporations, standard corporations, professional corporations, and professional associations. Tax options include the default tax provisions under Subchapter “C” of the IRS tax code, as well as the Subchapter “S” (“S-
Corporations”) or under Subchapter “C” (“C-Corporations”), as they compare to both each other and with regard to other business enitity choices, such as partnerships and limited liability companies (“LLCs”). Where required, we provided corporate record books, subscription agreements, by-laws, stock certificates, annual and special meeting notices and minutes, and a host of related documents.
In many circumstances, we generally recommend to clients that have decided to incorporate to consider electing to be treated as a statutory close corporation, which may offer greater flexibility in management of the corporation, such as the elimination for any need to have a board of directors separate from the shareholders, and freedom from certain corporate formalities, such as annual meetings.