How can I incorporate my sole proprietor business my self instead of paying $250
2006-11-12 19:15:09 · 3 answers · asked by drenessa2104 2 in Business & Finance ➔ Small Business
You really can't. You CAN incorporate yourself (ie do the paperwork), but you still have to file the paperwork and pay the fees to the Dept of Corporations, and the State, and the tax people, and everybody. Those fees will probably exceed $250, depending on your business.
2006-11-13 05:50:53 · answer #1 · answered by ValentineP 4 · 0⤊ 0⤋
Most office supplies stores have incorporation kit for sale. It costs about $12.
The first thing you have to do is to conduct a name search. If the company name you want to use is available, then you can fill up the form and have your company incorporated.
If you know about corporation law, everything is very simple. If you don't, then you better spend some money and get an accountant to do it for you.
Additional information:
Go to www.entrepreneur.com and enter "incorporation" on their search engine.
2006-11-12 19:36:31 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I incorporated my business through www.corporate.com its called the company store. I am NOT affiliated with them I just incorporated my business with them. I normally would NEVER use an on line source but they are recommended by the small business development center in my area. They are also recommended by Better Business Bureau and SCORE. I had a great experience with them and they let you in on things you need to know as well as sent me a great start up package with lots of info I needed. Incorporating is not cheap but I found their price cheap compared to an attorney. If you don't use an attorney be careful because there are annual fees and things you need to be aware of. Also, I have a great accountant and he also is very knowledgeable about what I need. I would ask your accountant (I assume you have one for your business) for assistance in filing.
2006-11-13 02:16:27 · answer #3 · answered by otisteam2003 1 · 0⤊ 0⤋