Why Incorporate Here?

March 31, 2009 by admin  
Filed under Profit Corporation

Some of you will arrive on this site and ask yourself, “Why should I incorporate with StartIllinoisBusiness.com?”

Here’s why:

1. It’s easier, more logical, less risk of error. Incorporating, while not rocket science is a bit difficult to keep all the details in order and get it done right the first time. Government sites are literally impossible to follow because they weren’t put together with the customer experience in mind. You’ve probably experience that already. If you don’t get it done right the first time it can be costly to re-submit changes to already filed corporate registrations with the state.

2. Reliability and experience. We’ve been incorporating companies since 1999. In ten years we’ve had a lot of experiences, all of which combined have helped us learn a lot about the incorporation process.

3. Very fair rates. Our incorporation prices have been fair from day 1. In fact, they haven’t changed from day 1. In 1999 you would have paid $195 for a Subchapter S incorporation registration with us, sam as today. Back then we were less expensive than 95% of all incorporation services. Today? Same – we are still priced lower than about 95% of incorporation services.

4. We include it for free. The big player in this business is LegalZoom. Legalzoom knows that the two most requested services in addition to the basic corporation filing are: Help with Subchapter S filing and help obtaining the EIN (Tax ID number for their business). These two services are FREE from the IRS – and yet people don’t understand how easy it is to get them. We give you the help you need for FREE with every incorporation we do. Legalzoom offers these two “extras” in ONLY the most expensive package they sell! Is that good business? For them maybe… not for you.

5. Rush service is free. Our typical turnaround time is well under 24 hours and is more like 2 hours. Look up the competition and what they’ll charge you to file your incorporation with the state within 1 day. Few include it. Some take a couple of weeks to file your incorporation with the state!

6. We want to help. With some companies – SELLING is the whole focus. If they get you on the phone they don’t want to let you off without selling you something. Trust me – we’re not only low pressure, we give you no pressure at all to complete a sale. We have this idea that you know what’s good for you and you know WHEN it’s right for you to incorporate. We’re here if you need to ask anything. No sales pitch ever, we promise.

Benefits of Incorporation

March 30, 2009 by admin  
Filed under Starting-a-business

There are many benefits of incorporation. We’ve focused the last ten years on helping people like you incorporate because we believe in the idea strongly. What other way can you limit your personal liability and save thousands of dollars on taxes?

Incorporation is the way to go for every single person in the USA. It’s a right that many are not taking advantage of. We make it as simple as we can here and at our other websites for anyone to come and register their new company. It need not have employees. It need not have a focus even in most cases – that can be decided later.

Here are some benefits of incorporation that we hope push you over the edge of indecision and have you registering your new Illinois corporation online here today:

  • Personal Asset Protection. If you haven’t incorporated your business then you’re acting as either a sole proprietorship or you’re part of a general partnership. Your personal liability is very high and you’re in danger of losing everything if you are sued in a court of law. However, if you incorporate the company’s stockholders, directors, and officers are not usually liable for the company’s debts and obligations.
  • Transfer of ownership. Your equity or ownership in a corporation or LLC can be transferred easily to others – entirely or in part. Some states like DE don’t require the transfer to be on paper.
  • Retirement funds for employees can be established easier as there are programs in place already for this.
  • Companies are taxed at a lower rate than individuals are taxed.
  • Corporations can own shares in other corporations and enjoy corporate dividends at 80% tax free.
  • There are no limits on loss corporations can carry forward. Sole proprietorships can only claim capital losses of $3,000 or less unless the owner has offsetting capital gains.
  • Generation of Funds. Selling stock is one way capital can be raised for established corporations.
  • Durability. Corporations can go on indefinitely. A corporation is not affected by the death of shareholders, directors or officers of the corporation.
  • Corporate Credit Rating. Over time corporations build up their own credit rating with a history separate from the individual owners.

More articles about incorporating your business:

Why Incorporate Here? – Some of you will arrive on this site and ask yourself, “Why should I incorporate…

Great Reasons to Incorporate! – Incorporation is not required. You can
operate your business as a sole proprietor…

What is a Profit Corporation? – A profit corporation is a type of
corporation. Another name that is often used for…

Incorporate your for profit corporation here.

Why Incorporate?

March 24, 2009 by admin  
Filed under start-a-business-faq

Incorporating in Illinois is a smart idea.

By incorporating your Illinois company you can enjoy some shielding of savings, house and other personal assets from court cases in some instances.

If your actions are ruled fraudulent or malicious and you attempt to hide behind your corporation the court can still take your personal assets. Acting in a proper way will keep your private assets safe. There are many rules about such things and it’s recommended that you read a lot about whatever incorporation type you end up choosing. The IRS has a business section that has a lot of free resources for you to read and they even have small business videos to help.

Creating a business legally in the form of a corporation makes it more likely that venture capitalists or banks will loan your business money to expand. Certain types of corporations limit your tax obligations and this is one of the most prevalent reasons Illinois residents choose to incorporate their businesses.

Getting incorporated in Illinois is simple:

1. Pick a type of corporation. This is a legal entity, separate from yourself, that is taxed according to IRS rules on income. There are significant advantages with different types of corporations – please read up on all the types.

2. Come to StartIllinoisBusiness.com and fill out the appropriate form.
LLCProfitNon ProfitSubchapter S

3. Choose options: If you don’t live in Illinois or know someone that will act as registered agent for your Illinois business you can take advantage of our registered agent service. You’ll probably want a professional corporate kit because you’ll need it and we have a deluxe kit for a very fair price.

4. Use your credit card to pay for your Illinois incorporation here on-site, or call us on the phone.

If you have any questions about becoming incorporated in Illinois we have a toll free number: 888-905-7380 where you can reach us.

More articles about incorporating your business:

Why Incorporate Here? – Some of you will arrive on this site and ask yourself, “Why should I incorporate…

Great Reasons to Incorporate! – Incorporation is not required. You can
operate your business as a sole proprietor…

What is a Profit Corporation? – A profit corporation is a type of
corporation. Another name that is often used for…

Incorporate your for profit corporation here.