Corporate Formation

$199.00

SKU: FS-FORM-CORPORATION Category: Tag:

Description

Form a Corporation (S-Corp or C-Corp)

Only a law firm, with certified paralegals and licensed attorneys working on your matter, can provide you the features and security you need for a properly formed and managed Corporation. Our exclusive benefits include:

What’s Included:

  • Lawyer Defined (TM). Only the very best will do for our clients.
  • The Couture Bylaws/Shareholder Agreement (TM). The best Bylaws and Shareholder available (short of hiring an attorney).
  • Work With Professionals. L4SB employs certified paralegals and trained legal assistants, with immediate escalation to attorneys as necessary.
  • Same Day Service
  • Attorney-Client Confidentiality. Only a law firm like L4SB is governed by the Attorney Professional Rules of Conduct that requires client confidentiality to be treated very seriously.
  • Automatic Privacy. We only convey the absolutely minimum necessary to the state, in an attempt to maximize your privacy.
  • Articles of Incorporation. Used to obtain the stamped Articles or Certificate of Incorporation.
  • Stamped Articles / Certificate of Incorporation. Necessary to open a bank account, and depends on the state of formation.
  • Template Stock Certificate
  • Registered Agent Service. Used to receive legal service of process and tax documents.
  • Potential Attorney-Client Privilege. Read more about this below (including important limitations). Your interactions with our attorneys are privileged, and can provide an extra layer of confidentiality, privacy and protection in some instances.
  • FEIN Acquisition Assistance
  • Tax Status Assistance. We can help setup the right tax status for your entity.
  • Name Availability Verification
  • Template Corporate/Shareholder/Board Resolutions
  • Tailored Instructions: How to Vote. We give you personalized, tailored instructions on how to properly conduct a vote, given the methods and options you’ve selected in your Bylaws/Shareholder Agreement.
  • Tailored Instructions: Taxation. We also give you personalized, tailored instructions on the tax status of your organization.
  • Tailored Instructions: Next Steps. Once your organization is formed, we give you a checklist on next steps.
  • Spousal Consent. Very important for community property states, and included in the Couture Bylaws/Shareholder Agreement.
  • Compliance Assistance. Our systems will notify you of important dates and upcoming compliance tasks.
  • Personalized Dashboard. We are investing heavily in technology, and constantly adding new features to make it easy to keep informed, seek guidance, obtain assistance, and more.
  • Bank Account Anywhere. You can obtain a bank account anywhere in the US with our Corporations.
  • From Cradle to Grave. Forming a company is just your first interaction with us — we’ll be here to help you at every step, to provide legal assistance, advice, documents and much, much more (additional fees may apply).
Lawyer Defined (TM)

A L4SB exclusive. This means guaranteed high-quality processes and documents, to maximize your security, privacy, liability and asset protection, and much more. We won’t let you do something that can jeopardize your long-term safety, like our competition. For example, when our competition says you can use their address and provide “free mail service,” doing this violates USPS rules and therefore could be used against you and your company by a plaintiff’s attorney, if you ever found yourself in a lawsuit. We will also advise you, and help you setup your organization structure properly to maximize tax benefits, minimize liability, and ensure legal compliance in all jurisdictions you may operate.

Registered Agent Services

A registered Agent is a person or company with a mailing address (not PO box) in the state your company is registered who can receive service of process and governmental notices on behalf of your company. This is not a physical address for your company. The Law 4 Small Business difference: You’re not alone — We review legal notices sent to your company, and will give you feedback / guide you, if requested.

The Couture Bylaws/Shareholder Agreement (TM) for Corporations

Did you know good Bylaws and Shareholder Agreement are absolutely critical to minimize costly problems down the road? A good Bylaws and Shareholder Agreement are ones written for your specific state laws, tax status, management style, voting requirements and much, much more? This means a “template” is not going to cut it.

This is why L4SB wrote an expert system that generates a high-quality, highly customized Bylaws and Shareholder Agreement for you. You will only find this at L4SB. Chose from over 100+ options, and it’s smart — it guides you and makes recommendations based on what it learns from you. It’s the best Bylaws and Shareholder Agreement you can find, short of spending thousands hiring an attorney.

Potential Attorney-Client Privilege

Attorney-client privilege is a very complicated topic and is never absolute in all circumstances. It typically applies to communications between lawyers and their clients, and if it applies, it’s easy to lose if you’re not careful. To maximize the potential for attorney-client privilege with us, you are encouraged to include an attorney consult and to refrain from sharing your communications with us with any other party, except attorneys who are representing you. Please note that the assertion of attorney-client privilege is your responsibility, not ours. For example, if we are subpoenaed by a court of competent jurisdiction, any assertion of attorney-client privilege in such a circumstance will need to be made by your local counsel or by us if you hire us to represent you in such matter. We will not assert our privilege in any matter, unless we are being paid to represent you and have entered into an Engagement Agreement to do so.

This is a Filing Service, not a Legal Service

Legal services are governed by each state’s Professional Rules of Conduct, which convey numerous duties and obligations on attorneys that you may not normally expect. For example, when performing legal services, it’s critical an attorney does not create a conflict of interest with the client, as well as inform the client of any conflicts of interest. In this instance (for our Corporate Formation filing service), we do not view nor treat this service as a legal service and therefore do not perform conflicts checking.

Client understands and acknowledges that purchasing the services herein are subject to the following:

General Terms and Conditions

  • This service includes our preparation, processing and handling (valued at $150) of your formation, and the submission of your application (remainder of fees). Our services are completed once your entity is formed, and we’ve completed any additional options or professional assistance you ordered.
  • We cannot guarantee that your desired company name is available, nor that it can be filed exactly as you’ve requested. For example, some states (and especially the IRS) have legal requirements on names (i.e. cannot use profane language or perpetuate a fraud) and some agencies have limitations on spacing, punctuation and capitalization.
  • You will be billed $129/year after the first year, for Registered Agent services. If your Registered Agent services is terminated, it is your responsibility to change it with the state where your company is filed. If you do not, L4SB may resign and that may cause your company to be put into “not good standing” status with the State. Or, if you don’t change the Registered Agent yourself, we may still receive legal notices on behalf of your company – but these notices will not be forwarded to you because you no longer have the service with us. This could expose you to default judgements.
  • When the “expedited” option is chosen, the timing show is approximated. Law 4 Small Business will usually begin to process your order on the same or next business day it is received, but we are dependent on a few factors which include, your response rate as well as the response rate of relevant state agencies and when necessary, the US Postal Service.

Refund and Cancellation Policy

  • You may request a refund, and provided that we have not completed any services on your behalf, may receive a full refund. There is NO REFUND for completed services. Please note that our services do INCLUDE the preparation, processing and handling (valued at $150) of the order that was placed.  This is true even if the entity formation is NOT submitted to the state (for whatever reason). If we have spent time on your behalf in the preparation, processing or handling of your order, we reserve the right to deduct $150 from any refund you request. *Preparation, processing and handling includes trying to contact you (email or phone) to verify and approve our work, even if you fail to respond to us.
  • Some of the additional options (RUSH fees, FEIN Acquistion, digital certificates, etc.) are NOT refundable
  • We will cancel your order, at our discretion, if you are unresponsive or otherwise fail to answer our questions to our satisfaction. If your order is cancelled, you may request a refund.  If a refund is deemed appropriate, it will be less $150 for our services related to the preparation, processing and handling of your order, and less any other services we have provided (i.e. if you ordered a document, and we sent you that document, we will deduct the cost for that document from your refund). Typically, we will not cancel your order, unless we have been unable to move your order forward for four (4) months or more.
  • If a refund is deemed appropriate and necessary following the details above, we will issue you a refund using the same payment method you used to pay for your order. If that fails (i.e. because we’re beyond the deadline to do this — typically six (6) months for credit cards), we will issue and mail a check to the name and address used on the payment (billing) method (i.e. if Joe ordered from us, but used Jane’s credit card, we will issue the refund to Jane).

Important Corporation Disclaimers

  • Local authorities, other state entities (i.e. taxation department) and the federal government (i.e. the IRS) may require disclosure of ownership information, although you should check to verify such disclosure is confidential.
  • You may be legally required to register your Corporation in your home state or in other states where you do business. Please consult with your CPA or a relevant business lawyer in the jurisdictions where you live and/or where you are doing business.
  • L4SB makes no representation as to whether you are “transacting business” in your home state, or any other state.
  • If we are subpoenaed by a court of competent jurisdiction, any assertion of attorney-client privilege in such a circumstance will need to be made by your local counsel or by us if you hire us to represent you in such matter. We will not assert our privilege in any matter, unless we are being paid to represent you and have entered into an Engagement Agreement to do so.

Terms for Virtual Mailbox

  • To be issued a Virtual Mailbox you must submit a USPS Form 1583 to us, notarized with copies of your identification as noted on the form.
  • Up to two (2) mail recipients (additional mail recipients at a cost of $10/month each).
  • You may terminate your Virtual Mailbox at any time.  Please notify us in writing at [email protected] if you wish to cancel your mailbox. Any renewal orders that process before a cancellation request is submitted are non-refundable.
  • To terminate your Virtual Mailbox, you are responsible for changing the physical mailing address of the LLC at the State where registered. If you do not do this within thirty (30) days of cancelling, L4SB reserves the right to change it to your last known address — which may destroy the anonymity of your LLC. L4SB specifically disclaims any and all liability associated with changing your physical mailing address as permitted in this paragraph.
  • The L4SB Virtual Mailbox service is a monthly subscription.  Your payment method on file will be charged the amount indicated monthly.
  • L4SB will hold any mail delivered to your Virtual Mailbox, and forward to you in physical mail once per month for the price indicated. You have the option to request additional “sends” per month, at the rate of $10/send/month plus our expenses mailing to you. You can also request “ad hoc” sends, at the cost of $10, plus our expenses mailing to you.
  • You understand and acknowledge that our ability to send you your mail, is contingent upon keeping your contact information up to date. If you your contact information changes, you must notify L4SB in writing at [email protected] to update your contact information. L4SB will require an updated USPS Form 1583 in such circumstances.  Failure to notify us of a change, or failure to update your USPS Form 1583, will result in a delay of the forwarding of any mail received for your box.  Per USPS regulations we cannot forward any mail received without a fully executed USPS 1583 on file.
  • The L4SB Virtual Mailbox is subject to the United States Postal Services (USPS) regulations.
  • L4SB may terminate your Virtual Mailbox, if the renewal orders are not paid, or determines in its sole discretion, that its services are being used for illegal purposes or to commit fraud – subject and as permitted according to USPS regulations.
  • L4SB reserves the right to withhold a cancellation fee if this order is cancelled for whatever reason.

We do, and have a lot of ability to help you. First, if you’re wondering whether your company would be considered a “reporting company” for FinCEN reporting purposes, or you want to know who are your company’s Beneficial Owners, try out our FREE, anonymous expert system to help answer these questions. It’s available here.

We have BOIR (which stands for Beneficial Ownership Information Reporting, or BOIR) as an option. We can do it, for a nominal fee, or you can do it.

Finally, we offer outstanding, best-in-class, BOI compliance tools to help you understand when you need to submit updated reports. We’ll keep track of important deadlines, and be ready to answer your questions.

We receive this question a lot, despite our attempt to be price competitive with “the rest”. It seems every time we lower our price, the competition lowers theirs even further.

At the end of the day, we’re an actual law firm. Your questions are answered by licensed and trained professionals. We are able to extend attorney-client privilege and confidentiality to our clients. Our business/activities is/are governed by the professional rules of conduct for each state we’re licensed in, and we carry professional liability insurance. We have licensed professionals dealing with the registered agent’s office.

Regularly, we fend off private investigators, police investigators and more. Our people have the training to maximize the legal protections available to our clients.

So, we’re not the cheapest game in town. The “other guys” are trying to sell formations, we’re trying to sell relationships. There are many things we won’t do that the “other guys” will do, because we’re worried about our clients’ long-term success and we’re concerned with minimizing our clients’ long-term liability.

We can provide a range of services for our clients, where forming the Corporation is just the first step. This includes contracts, switching ownership of real property, resolving disputes, trademarks, and much, much more. You can do things things with this firm, relying on our training, experience, professionalism and confidentiality.

If you’re considering a cheaper option, ask yourself the following questions first:

  • How critical is anonymity, and do I want the maximum protection available?
  • Do I want the ability to obtain sound legal advice?
  • Do I care about whether things are setup properly?
  • Is liability protection important, and do I want to minimize the ability for someone to “pierce the corporate veil” of my Corporation?
  • Do I care whether the folks I hire are trained professionals?
  • Do I care whether I can hold the company accountable for misguiding, or otherwise committing errors with my Corporation?
  • Will I receive high-quality Bylaws and Shareholder Agreement, to help maximize asset protection, and minimize potential liability and long-term disputes?
  • Do the “other guys” not disclose who they actually are, making it difficult to know whether their claims are actually true or they actually have the experience they claim to have?

If you answered “yes” to any of the above, you may want to think twice before hiring the “other guys”.

This is a very complicated question, and the odds are high that whatever you read on the Internet was wrong (if not written by an attorney).

What is important to realize, is you must register your company in the state (or states) it is conducting business. Conducting business doesn’t necessarily mean where your customers are (although it could). It means where do you have W2 employees, including yourself? Where are your base of operations? Where do you store product, if you sell product? Where is management located?

In most instances, the answers to these questions are going to be “where you are located, as the business owner.” Even if you’re conducting business on the Internet. If you have partners in other states, it could mean in each state a partner is a resident, especially if you are going to pay yourselves a standard wage (i.e. W2 income).

If you form a company in a state other than where you are located, you will probably (eventually) be required to register that company in your state of residence — creating more costs and complexity for you.

Therefore, in most circumstances, you are going to be best served forming a Corporation in the state of your residence. If you have a partner in another state, you can pick between the two states, and then foreign file the Corporation in the other state.

Have questions about this? You should consider a 30-minute business attorney consult. It is a difficult topic, made more difficult because each state has its own specific rules on what “doing business in the state” means.

Maybe. A Corporation can be taxed under Subchapter S (called a “S-Corp”) or Subchapter C (called a “C-Corp”).

Before you proceed, please ask your accountant whether he or she means a true Corporation taxed under Subchapter S, or whether a LLC taxed under Subchapter S would work.

This is because a LLC, in almost all circumstances, is less expensive to form, less expensive to maintain and less expensive to close down / dissolve. A Corporation is a more formal structure, adding more complexity and costs to your business.

Because of this, we rarely recommend a Corporation over a LLC, and will recommend forming a LLC over a Corporation in most circumstances unless your accountant has specifically said otherwise.