Setting Up A Corporation
I'm often asked if it's necessary to hire an attorney to set up a new
corporation. Just as it is a waste of money to hire a tax preparer to just fill in forms without working his/her magic to save you taxes, it's a waste to pay an attorney $500 to $1,000 to fill in a couple of forms. You should consult with an attorney for legal advice.
To set up a corporation, I'm a big fan of the do it yourself books. The grand-daddy of do
it yourself legal resources has long been
Nolo Press out of Berkeley,
California. I have been using their books and software for well over 20
years. I often used to stop by their shop when I was in or passing through
Berkeley to see what new titles they had. Nowadays, I still buy their
products via their very handy website.
There are also a
growing number of online services that let you set up corporations and LLCs
quickly and at a much less cost than using an attorney.
Many states have made their incorporation
forms available online, usually under their Secretary of State's website. Some
states even allow the forms to be submitted via the
This page was updated on:
Sunday, January 29, 2012