Incorporation in California

Eureka Incorporation Attorneys, CA

Find the Right Lawyer Now

California law allows a business to incorporate and be identified as its own legal entity. After incorporation, buying and selling property, agreeing to contracts and exercising legal rights are considered acts of the business itself and not its owners. In California, the process of incorporation is begun by filing with the Secretary of State in accordance with specific guidelines.

Benefits of Incorporation in California

There are distinct advantages to incorporating a business. Most importantly, liabilities the business accrues may be satisfied only by assets that the owners have specifically invested in it. With unincorporated businesses, personal property of owners can be liquidated in order to fulfill the liabilities of the business. A corporation also allows creditors in the Eureka area to assess the credit worthiness of the business as a whole rather than that of its owners, allowing the business to get loans more easily. Finally, a corporation's ownership stake is divided into equal slices or "shares" of stock, which make investments in the business much easier to transfer.

Find a Eureka Lawyer that Specializes in Your Area of Need:

Incorporation Attorneys and Law Firms in the Largest CA Cities

Show California Cities

Costs of Incorporation

Incorporation comes at a price. First, California might charge a filing fee to process applications for incorporation. Also, the corporation will pay taxes as its own entity. The incomes of owners as individuals are also taxed of course, meaning that income to the corporation might be subject to double taxation. However, this disadvantage can be avoided with proper planning and help from a local Eureka lawyer.

Find the Right Lawyer Now

Breach of Contract Lawyers in Other California Cities and Towns

Top Rated Lawyers

View attorney profiles and see how other LegalMatch users rate attorneys that may respond to your case.

Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Walter H.

Walter H.

Humboldt, CA

Business - Transactional

Rating (11 users) *****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer William G.

William G.

Humboldt, CA

Business - Transactional

Rating (1 users) *****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Mark W.

Mark W.

Alameda, CA

Business - Transactional

Rating (10 users) *****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Corey P.

Corey P.

Snohomish, CA

Business - Transactional

Rating (5 users) *****
See Reviews

Need a Business Lawyer?

No obligation - Lawyers compete for your case. Choose your issue & get started now: