Incorporation in California

Find the right Business Incorporation attorney in Mountain View, CA

California law allows a business to incorporate and be recognized as its own legal entity. After incorporation, buying and selling property, assenting to contracts and exercising legal rights are considered acts of the business itself and not its owners. The office of the Secretary of State is the agency that receives applications for incorporation in California, and they must be completed in conformity with particular guidelines.

Benefits of Incorporation in California

An incorporated business enjoys certain benefits, the most important being a limit of liability for the shareholders. The most shareholders can lose is the amount they invest in the business. With unincorporated businesses, personal property of owners can be liquidated in order to satisfy the liabilities of the business. A corporation also allows creditors in the Mountain View area to assess the credit worthiness of the business as a whole rather than that of its owners, allowing the business to receive loans more easily. Lastly, a corporation's ownership stake is divided into equal slices or "shares" of stock, which make investments in the business much easier to transfer.

Costs of Incorporation

There are costs associated with incorporation, both short and long term. First, businesses in California may be charged a fee 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 Mountain View lawyer, you can avoid this disadvantage.

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Life in Mountain View

Mountain View, California is a city in Santa Clara County. It has a population of about 74,000 people.

Mountain View, California is one of the major centers of Silicon Valley - a region directly south of San Francisco that's known for the huge number of technology companies and innovators located there. Since the 1950s, technology companies have chosen to make Mountain View, and other nearby Silicon Valley communities, their home.

Most notably, Mountain View is the home of search giant Google, which is also the largest employer in the city, with over 10,000 Mountain View employees. Google, and other companies, employ or retain a large number of extremely well-credentialed lawyers, as well, because of the many legal issues such companies face on a regular basis.

If you live in Mountain View, California and need a lawyer, there are many extremely sophisticated an experienced attorneys who practice in Mountain View. Mountain View, California attorneys can help residents with just about any legal problem they might face.

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