subject: California Incorporation: A Must for Business Owners [print this page] California Incorporation: A Must for Business Owners
Business owners know that at a certain point in their businesses, there would be times when things are not in their control. There comes a time when they need to face certain business problems that would make them liable for it. Thus, to make themselves free from liabilities meaning, being personally accountable they make use of some business trick. Among these is incorporating their business.
In California, incorporation of business is easy. You can incorporate your business anytime as long as you have the documents needed, you have filled up the necessary forms of incorporation, and of course, you've paid for the necessary fees mandated by the State.
California incorporation as mentioned earlier is easy and has a lot of good benefits. Among these is the assurance that a businessman can be spared from being personally accountable for any business-related issues.
The State of California boasts its incorporation features. They boast that when you build or put up your business in the state, you are free from personal liability for business debts, it offers perpetual existence, which means the business can continue its operation even if the owner dies, and lastly, they do not limit the number of share holders in the corporation whether they are U.S. citizens or not.
California incorporation will help protect your personal assets. That is why the state is pushing through some corporations to get engaged with incorporation so as to divide personal assets from business assets. The risk of not getting into incorporation is that your personal assets might be used to pay for business debts. Thus, incorporation serves as your shield from that kind of scene.
The Secretary of State office in California has simple and easy procedures for business incorporation. They make sure that you won't experience too much hassle when applying for business incorporation. There are a few ways or instructions to follow. For further details you can either visit the website of the California Secretary of State, or go directly to their office to have your papers for incorporation processed. Save your personal assets. Spare them from business debts through California incorporation.
