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Frequently asked questions

Top questions

How Much Does It Cost ?

There are generally four types of costs associated with incorporation: the filing fee for the articles of incorporation, which varies by state; a first-year franchise tax prepayment, typically between $800 and $1,000; fees for various government filings, ranging from $50 to $200; and legal fees if you choose to consult an attorney.

S Corp Vs Llc

Both types of business structures offer protection to owners from personal liability for business debts. llcs are owned by one or more individuals, whereas corporations are owned by shareholders and usually have more stringent record-keeping and reporting obligations.

How Are My Assets Protected ?

It ensures that you and other shareholders are not personally responsible for the company's debts and liabilities.

What Are Article Of Incorporation ?

Articles of incorporation are necessary to create a corporation. they consist of a formal document that officially establishes the corporation as an independent business entity.

What Are Shares ?

Think of shares as your piece of the ownership pie—and there are two main types (i.e. "common\" and \"preferred\").

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