Online Incorporation Business: Low-Cost Solution

2007-03-08 10:33:40

( Business )



Are you starting a new start-up business but don’t have the capital outlay for incorporation?

Do you have a great idea for a business that just can’t get off the ground because you don’t have the funds to set it up?

Well, an online incorporation business may just be the low-cost solution you’re looking for.

What is an Online Incorporation Business?

An online incorporation service answers the need for quick and inexpensive assistance in forming corporations and Limited Liability Corporations (LLC).

If you’re incorporating in Florida or elsewhere in the country, the service should be able to provide up-to-date information and accurate consultation in that area.

A significant number of small incorporation businesses are thriving over the Internet. On average, the incorporation service should provide:

- An extensive knowledge of legal structures and incorporation regulations in any of the 50 states

- The ability to verify the availability of your company name in the state of your choice

- The preparation, filling, and completion of all your articles of incorporation

- The processing and payment of all state filing fees for your selected state

- The payment of the initial franchise tax, whenever applicable

- The option to provide corporate kits, organizational minutes, bylaws, stock certificates, stock ledgers, etc.

Finding An Online Incorporation Business

A routine search engine check will reveal several websites that offer a wide range of incorporation services.

Review these websites to compare the extent of their services as well as their corresponding fees. The rates vary, but hiring an online incorporation business is typically cheaper that retaining a lawyer.

Another key factor to consider is the speed of service. Normal time to form a corporation is 15-30 business days in most states. A good incorporation business would offer to expedite the process to at least half of the regular time involved.

Additionally, there are websites that offer a one-stop shop for all the incorporation and legal requirements of your start-up business. There are often extensive pages with frequently asked questions, articles comparing various legal structures, law amendments, and policy changes. Browse through these websites to find a vendor that seems the most knowledgeable in your specific area.

More importantly, however, you need to find a team that is reliable and trustworthy. Remember that whoever you choose will be acting as your legal adviser throughout the process. It is imperative that you find one with whom you can easily work.


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