CALIFORNIA INCORPORATION
Does cost factor into your decision to pursue your California incorporation? It should. Incorporating your business is an added cost. The truth is that most small compaines do not have a budget line item for legal expenses. However, this is a business expense that is well worth its cost in the event of a lawsuit that attempts to pierce the corporate veil.
Our fees range from $850 to $1,500 depending on the complexity of the incorporation. Our fee includes the Secretary of State's fee as well as the cost of the corporate kit that contains your corporate seal and stock certificates. Our fee covers filing the articles of incorporation, drafting the by-laws, drafting the minutes of the first meeting of the board of directors, filing the Subchapter S election form (when needed), drafting the statement of information form which must be filed with the state, and acquiring the employer's identification number. We also provide examples of corporate minutes. If the corporation has two or more shareholders, we draft a buy/sell agreement for the shareholders. For local clients, we meet with you twice. Once before we incorporate your business and then again after the incorporation is complete. When we have finished incorporating your business, all that you will have to do is open your corporate bank account. Everything else will be done.
The Internet is home to many companies that offer online California incorporations for a "low cost". But what are you really getting for your money? Do you speak with a business attorney? Do you get to meet with one? Does the price include a buy/sell agreement? Are the corporate by-laws tailored to the needs of your corporation? Who do you call when you have questions about how to draft corporate minutes?
Incorporating your business in California is really no different than insuring your vehicle. Low premiums offer low coverage. Taking the chance on high deductibles works well so long as you don't get into an accident. By pinching and saving on coverage, you could be putting you, your car and your finances at risk.
At Jacobs & Dodds, we specialize in California incorporation. Our services may not be the cheapest, but they are the most thorough. We spend at least four hours incorporating a business, ensuring our customers get the attention they deserve and expect. We also can incorporate your company within 48 hours. Every member of our attorney team has worked for more than 25 years and has a hands-on background in incorporation law. If you want the best protection for your business, call us at (949) 645-7300.
