Incorporation Document Preparation, Paralegal Service, Broward County, Florida
954-922-1816 or 954-591-2632
Professional Assistance, Paralegal Services
Want to incorporate a new business? Looking to incorporate a Florida LLC?Professional Assistance, Florida incorporation services has assisted thousands over the past 20 years to form a c corporation and s corporation. In order to get incorporated, it can be time-consuming, tedious, expensive and at times frustrating with all the other things that need to be taken care before opening the doors to your business. Let Us Help You. Professional Assistance's incorporation services include a 24-48 hour service of incorporation; providing business name checks to ensure the name of the business preferred is available; obtaining an Employer Identification Number for the business prior to opening a bank account; providing Florida Articles of Incorporation; certificate of incorporation; providing the required bylaws, the rules for organization and operation of the corporation; helping with all corporate supplies, such as, the corporate kits, corporate seal, stock certificates and offers to purchase stock, minute books and documentary stamps; and further assisting in a Florida corporation name change.
With tens of thousands of businesses incorporated inc each day in becoming a recognized Florida corporation, there has been an increased need for a cost effective, cheap incorporation and a need for help with corporation document preparation. Professional Assistance, Florida incorporation services can help with a Florida incorporation filing for businesses looking to form a C Corporation, a S Corporation, LLC Corporation and a Nonprofit Corporation. Businesses needing other forms of incorporation or businesses with more than five shareholders are referred to an attorney.
A FL Incorporation
In relation to a Sole Proprietorship, Corporations are more costly. They require additional paperwork and record keeping. A Corporation, however, protects the personal assets of shareholders. In a FL Corporation the business is liable for its debts and actions, however, the sale of stock can generate capital. This, in contrast to a sole proprietorship, is attractive to employees due to competitive benefits and stock options. Taxes include federal, state and sometimes local.
Limited liability Corporation, LLC Corporation. Corporations protect personal assets from lawsuits. Corporate shareholders risk only what they paid for their stock. By filing a corporation, persons engaged in a business can put up a fixed amount of money and share profits. And, if the venture is unprofitable and falls into debt, the greatest loss will be that of the initial investment. In other forms of business, such as sole proprietorships and partnerships, owners are personally liable for the debts and liabilities of the business, and creditors can go after all of their assets to collect.
S Corp Info
An S Corporation, also referred to as S Incorporation, pays no income tax and may only be used for small businesses. In an S Corporation, the business elects to pass corporate income, losses, deductions and credit through to their shareholders for federal tax purposes. The shareholders report income and losses on their personal tax returns and are assessed tax on their individual income tax rates. This avoids having to prepare separate taxes, one for the business and one for themselves. If stockholders are in a high income bracket, their share of the profits will be taxed at those rates. Health and life insurance may not be tax deductible in an S Incorporation.To qualify for a S Corporation, the corporation must have no more than 100 shareholders; have only one class of stock; not be a member of an "affiliate group". In an S Corporation a form 2553 has to be filed with the IRS before the end of the 15th day of the third month of the tax year.
Form C Corporation
A C Corporation, also referred to as a C Incorporation, pays taxes on its net earnings at corporate tax rates. Salaries of officers, directors and employees are not taxed as they are deducted from the income. The greatest problem, however, is that money paid out in dividends is taxed twice. The corporation is, first, taxed at the corporations's rate as part of its profit and then stockholders are required to include amounts received as dividends in their income. The advantage to form a C-Corporation is that if taxpayers are in a higher tax bracket than the corporation and the money is not being removed from the company, taxes are saved. Unlike a S-Corporation, health and life insurance are deductible expenses.
Nonprofit Corporation is an organization approved by the State's Secretary of State and its taxing authority as intending to work for humanitarian purposes or for educational, charitable, social or religious, civic or humanitarian purposes. Other than salaries for services to the corporation, directors and officers may not receive distribution of any profits.
This is an easy and inexpensive ownership owned by two or more people. In a Partnership, the financial commitment is shared; profits and losses are shared by each owner.
Transferable. Corporations are easy to transfer. A corporation and all of its assets and accounts may be transferred by simply assigning a stock certificate. This is not possible in a sole proprietorship or partnership. Each of the individual assets, accounts, licenses and permits must be individually transferred.
LLC versus Incorporate To get incorporated in starting a Fl incorporation, Professional Assistance's Florida Incorporation services will help with a LLC business corporation for those members looking for flexibility; less paperwork upfront and in the long run; those looking for liability protection against debts, losses and any court rulings against the business.
S Corporation versus LLC Professional Assistance can also assist with FL incorporation paperwork for an S Corporation for those members who want to sell stocks to generate revenue; who are not afraid of more paperwork and, similar to the limited liability corporation, prefer personal asset protection; prefer shareholders to be taxed as opposed to the business but require a more rigid management structure; more legitimacy with investors.
Incorporate in Florida Fees
Incorporate Florida LLC, S Corp or to Form C Corp: $75 for State Fees
Florida Corporation Name Change
Need to change the name of the corporation? Professional Assistance can assist in the necessary incorporation documents required to change the business' name.
Let Professional Assistance Paralegal Services help you to get incorporated for your next business venture.Further S corp info and information on how to form a C corporation can be obtained by calling us at 954-922-1816
Professional Assistance Paralegal Services
2117 Hollywood Blvd, Suite 11
Hollywood, Fl. 33020
Professional Assistance Paralegal Services
3842 N. University Drive
Sunrise, FL 33351