Incorporation in California

Laguna Beach 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 particular guidelines.

Benefits of Incorporation in California

Benefits of incorporation are many. The primary benefit is that the liabilities of the business can only be satisfied by the assets specifically invested into the company by the owners. With unincorporated businesses, personal property of owners can be liquidated in order to fulfill the liabilities of the business. A corporation might also find it easier to finance itself through loans, allowing creditors in the Laguna Beach area to evaluate their investment by assessing the corporation rather than the individual credit-worthiness of its owners. Finally, the ownership stake in a corporation can be apportioned into uniform slices, known as "shares" of stock. This makes it possible to sell ownership investments in more manageable slices.

Find a Laguna Beach Lawyer that Specializes in Your Area of Need:

Incorporation Attorneys and Law Firms in the Largest CA Cities

Show California Cities

Life in Laguna Beach

Laguna Beach, California is a seaside resort city in Orange County, California. It currently has a population of about 22,700. 

After Anaheim, Laguna Beach, California is the second-oldest city in Orange County. It was first settled in the 1870s, shortly after the end of the Civil War. Population growth began to pick up in the 1920s, largely keeping pace with the growth of the Southern California region as a whole.

Since its early history, the mainstay of Laguna Beach's economy is driven largely by tourism, which continues to this day. Laguna Beach, California is also a regional center for the environmentalist movement, and is home to several nature preserves. Several local environmental attorneys made a name for themselves getting these preserves legally-recognized.

There are many other types of attorneys in Laguna Beach, California. If you need legal advice, you would do well to consult with a Laguna Beach, California lawyer as soon as possible.

Costs of Incorporation

Incorporation can be costly. First, a modest filing fee might be charged in California for any business that wants to incorporate. Also, a corporation is taxed as its own entity. The individual incomes of the owners are still taxed also, and this can mean the same income is taxed twice, known as double taxation. With proper planning and assistance from a local Laguna Beach lawyer, you can avoid this disadvantage.

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 David D.

David D.

Orange, CA

Business - Transactional

Rating (9 users) *****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer T. Hall B.

T. Hall B.

Orange, CA

Business - Transactional

Rating (6 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 Julian C.

Julian C.

Los Angeles West, CA

Business - Transactional

Rating (16 users) *****
See Reviews

Need a Business Lawyer?

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