This stuff is not rocket science. It might be difficult for a lawyer, but it's a fairly rote process. I've done it a couple of times, and yes, you need to issue stock (if a corp), publish minutes, and a couple of other things. In CA, the SOS office has a little checklist of what you need. It takes maybe an hour or two to pull it all together.

bp
<part15sbs{at}gmail{dot}com>

On 8/6/2015 6:45 AM, Hass, Douglas A. wrote:


-1000

If you just need to file corporate formation papers and nothing else, you can probably do it by downloading the free forms your state provides. Registering a DBA name is easy, too. Usually just a form that doesn’t take a degree to figure out how to complete. Having an attorney is helpful, but by no means necessary. /On the other hand, LegalZoom is a complete waste of money./ You don’t need to pay LegalZoom unless you like snazzy web interfaces/hate PDFs so much that you are willing to pay money to use/avoid one.

HOWEVER FILING THE FORMS ISN’T ALL YOU NEED TO DO!

If all you do is pay the filing fees and file the forms, you haven’t done what you need to create a corporation that protects you and your personal assets (or other corporate assets), and you may not have done enough to actually transact business in the state or location where you are located. You have to follow a number of other corporate formalities, too (corporate books, minutes, resolutions, state registrations/licenses, local registrations/licenses, etc.) or you will have just wasted your time and money. As Ken pointed out, most states have annual filing requirements, too.

Retaining a lawyer that specializes in this area, as well as a good small business accountant, is a must. Otherwise, you’re risking your business right from the start.

Doug

*From:*Af [mailto:[email protected]] *On Behalf Of *Bill Prince
*Sent:* Thursday, August 06, 2015 8:25 AM
*To:* [email protected]
*Subject:* Re: [AFMUG] Legalzoom

+1.

You can do an LLC or an S corp for just the filing fee ($25 in CA). The process is fairly simple; even I can do it.

Doing a DBA is also pretty simple, and only costs $10 or $20 to publish.


bp
<part15sbs{at}gmail{dot}com>

On 8/6/2015 6:15 AM, Joshaven Mailing Lists wrote:

    You probably don’t need a lawyer to file the LLC.  I’ve seen
    companies that use one where the lawyer is payed to fill out a
    form that is easier to fill out then a 1099ez.  Look into getting
    a LLC form form the state first… you probably want a lawyer to
    draw up your articles of organization though.

    Sincerely,

    Joshaven Potter
    MTCNA, MTCRE, MTCWE, MTCTCE, UACA
    Google Hangouts: [email protected] <mailto:[email protected]>
    Cell & SMS: 1-517-607-9370

    [email protected] <mailto:[email protected]>

        On Aug 6, 2015, at 9:10 AM, Ken Hohhof <[email protected]
        <mailto:[email protected]>> wrote:

        Find a local lawyer who specializes in small business, you can
        set up an LLC or S Corp and do the annual filings with the
        state for a couple hundred dollars a year and you will have
        someone to consult when related stuff comes up.  I use these
        guys (gals, actually), I’m sure there is something similar
        near you.

        http://www.cartertani.com/

        *From:*That One Guy /sarcasm <mailto:[email protected]>

        *Sent:*Wednesday, August 05, 2015 11:10 PM

        *To:*[email protected] <mailto:[email protected]>

        *Subject:*[AFMUG] Legalzoom

        Is this outfit worth dealing with for stuff like a dba for a
        small business that will probably generate 22 bucks and a bad
        taste in the mouth.
        I assume everybody here did this among other things once upon
        a lonesome. It's like 99 to 150 bucks plus the filing fees.
        Is a dba something you can muck up on your own?



*Douglas A. Hass*
Associate
312.786.6502
[email protected]

*Franczek Radelet P.C.*

300 South Wacker Drive
Suite 3400
Chicago, IL 60606
312.986.0300 - Main
312.986.9192 - Fax
www.franczek.com
www.wagehourinsights.com
Connect with me:
linkedin <http://linkedin.com/in/douglashass>

twitter <https://twitter.com/WageHourInsight>


/Circular 230 Disclosure: Under requirements imposed by the Internal Revenue Service, we inform you that, unless specifically stated otherwise, any federal tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purposes of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or tax-related matter herein. /
------------------------------------------------------------------------
For more information about Franczek Radelet P.C., please visit franczek.com. The information contained in this e-mail message or any attachment may be confidential and/or privileged, and is intended only for the use of the named recipient. If you are not the named recipient of this message, you are hereby notified that any dissemination, distribution, or copying of this message or any attachment thereto, is strictly prohibited. If you have received this message in error, please contact the sender and delete all copies.
------------------------------------------------------------------------
/Franczek Radelet is committed to sustainability - please consider the environment before printing this email/

Reply via email to