Incorporations for New Businesses
Take the Next Step
Every business has a different journey. If you are considering incorporating your startup or small business, it’s important to acquire the services of professional CPAs and tax experts in San Diego who understand the process and ensure your transition is smooth and efficient.
Starting a New Business? Here’s What You Need to Know!
Many people begin their business as a sole proprietorship. This may work for a few years as you grow. At some point, you may consider incorporation, which means that your business becomes a separate entity. Other business owners may want to jump into incorporation right away, depending on the business or experience.
Regardless of the situation, when incorporating a business you choose one of several legal structures including:
- LLC
- S Corp
- C Corp
- LLC
- S Corp
- C Corp
Each one has different considerations come tax season. Different entities also have several pros and cons depending on the kind of business or industry you are in. The startup and small business experts at AB Tawil can help you decide the best structure for you. Schedule an appointment, today!
The Best Way to Identify Your Company
Business owners have different options regarding incorporation and a legal structure for their company. Incorporation paves the way for you to establish another level of credibility and professionalism in your company.
Creation of Corporation - C Corporation, S Corporation
Creating a C or S corporation means you are filing as a corporation—owned by shareholders—under the eyes of the IRS. C corporation is the default structure while S offers slight differences and—in some cases—tax advantages. The best choice comes down to how you prefer to be taxed by the IRS. We can lay down the differences and help you make the right choice.
Limited Liability Company (LLC)
A limited liability company is another popular choice when it comes to new businesses. An LLC can be beneficial for many young companies because of its ease of operation, simplified tax structure, and offers personal liability protection.
Limited Liability Partnerships (LLP)
Another option is the limited liability partnership. This structure provides some liability protection for its owners. The LLP fuses some of the benefits of an LLC with those of a corporation.
How We Help Start-Ups and Small/Midsize Business Owners Choose the Best Option
Knowing what structure is best for your company depends on several factors. At AB Tawil, we take into consideration your vision for the future as well as your business’s current size, profit, and other important aspects. This helps us better advise you on the best path forward and what legal structure is best for you. There’s a lot at stake here.
Don’t take a wild guess, hire professionals to look over your small business and get started on the right foot.
Our Incorporation Services
Our start up and small business experts have experience working with companies, small businesses, and mid-size enterprises as they grow and scale their businesses.
We can help with the following:
- Submission of Articles of Incorporation
- Preparation of Initial Meetings and Bylaws (Standard Corporation)
- Preparation of Operating Agreement (Standard LLC)
- Obtaining EIN number
- Preparation of initial Statement of Information
- Preparation of S Corporation election Statement Form 2553
- Corporate Binder
- Corporate Seal
- Printed Shares
We’re Here to Help Your New Business Grow
A big part of our mission is to help small businesses grow and prosper. We love the entrepreneurial spirit and the self-starter, so we want to support you in the best way we know.
At AB Tawil, we will take care of the heavy lifting when it comes to taxes, compliance, and other legal aspects of running a business. This way, you’ll be able to focus on your vision. Let us help you find the best legal structure for your company. Connect with a small business expert today.