SEVEN BASIC REASONS
1. Protect yourself from personal liability
- Corporation or LLC signs a lease, you're not personally liable.
- Corporation or LLC borrows money, you're not personally liable.
- Corporation or LLC buys goods and services on credit, you're not personally liable.
- Employees or Independent Contractors of the Corporation or LLC injure someone while working, you're not personally liable.
2. Tax Advantages
- Take what would otherwise be non-deductible personal expenses and turn them into deductible expenses for your corporation or LLC.
- Personal liabilities relating to the business that might not otherwise be reimbursed by the Corporation or LLC can be reimbursed by the Corporation or LLC and become deductible business expenses of the Corporation or LLC through corporate indemnification
- Use of motor vehicle by Corporation or LLC.
- Use of part of your residence by the Corporation or LLC with the utilization of a lease not considered a "home office".
- Annual meeting of members of LLC or shareholders and directors of corporation in far away or a resort city and deduct for taxes
- The goal is to convert as many non-deductible personal expenses into legitimate deductible business expenses, in this area, there is no limit to what the mind can conceive
- IRS Form 1040, Schedule C (Profit or Loss from a Business) is the target of many IRS audits, however, compare this to the audit rates of similar businesses that have incorporated or formed LLC's and the audit rate is almost NIL
3. Privacy
- In most states, the Corporation or LLC can be established in such a way so that shareholder/owners remain anonymous, many times the same anonymity can be accomplished for officers, directors and members.
4. Avoid Probate
- By owning shares or membership interests jointly with your spouse you can avoid probate of the ownership of the corporation or LLC upon the death of either spouse.
5. Use of a Marketing framework
- Hold the business out to all as a corporation or LLC but yet still maintain centralized management
- Give appearance of being much bigger than it is
- Attract investors more easily
- Appear more stable, established and permanent due to the perpetual nature and continuity of life of the corporation or LLC, unlike a sole proprietorship or partnership, a corporation or LLC can continue even after the death of an owner(s).
6. Raising capital
- Because of the ease of transfer of ownership and the separate entity concept of the Corporation or LLC, it is much easier to attract investors than otherwise
7. Easy control and transfer of ownership and assets
- Put real estate in Corporation or LLC and transfer through private agreement, i.e. stock or membership transfer rather than formal closing
- Re-title asset in a Corporation or LLC yet continue to maintain control
- Ease of transfer of ownership in the Corporation or LLC
- Management and control of a corporation or LLC may be influenced by a option for ownership interest in the corporation or LLC.
| INCORPORATE OR ORGANIZE YOUR LLC ONLINE OR OVER THE PHONE! |
 Each Corporation or Limited Liability Company, formed by Spiegel and Utrera, is COMPLETE and INCLUDES FREE State Filing Fees. INCLUDES FREE Corporate or Company Seal and Book. INCLUDES FREE Certificate or Articles of Incorporation or Organization. INCLUDES FREE Company or Corporate Minutes. INCLUDES FREE By Laws. INCLUDES FREE Membership or Stock Certificate. INCLUDES FREE Preliminary Name Search. Yes, even INCLUDES Attorney's Fee (No Hidden Attorney Fees). |
| We offer many additional services, like the FEDERAL TAX ID at a REDUCED cost of $35, if ordered at the time of incorporating your corporation or forming an LLC. |