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Accounting Solutions Service
Besides visa and immigration services, BAIS also specializes in the formation of entities or managing those. BAIS has assisted clients in forming a number of entities as per their needs and requirements. BAIS has a very efficient and skilled team which fulfills client requirements on time.
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Whether one wishes to incorporate or form a corporation in the state of California or any other state of the U.S., BAIS assists them with the process. While most clients need to get the preparation as well as the filing done, some wish to only get the filing done of the documents created by them
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A corporation is sometimes referred to as the C Corporation. It is an independent legal entity that is owned by its members called the stakeholders. However, for any debts or losses, not the stakeholders but the business itself is responsible. The corporation structure is quite complex in nature and involves a lot of fees and other legalities.
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Forming a Corporation
Advantages of Corporation
The default type of organization formed in California is the C Corporation. The process of forming a C corporation is very simple and involves only a few small statements in the documents of Articles of Incorporation. There is a filing fee of $100 that needs to be included too.
Steps involved in Formation of corporation
Steps involved in Formation of corporation
Forming an LLC
LLC refers to Limited Liability Company. This type of company is a hybrid structure such that it has various limited liability characteristics of a corporation, it is tax-efficient and is quite flexible in terms of its operation just like in a partnership. For LLC, its owners are called members.
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Advantages of Forming LLC
Steps involved in Formation of a LLC
Forming a C Corporation
The default type of organization formed in California is the C Corporation. The process of forming a C corporation is very simple and involves only a few small statements in the documents of Articles of Incorporation. There is a filing fee of $100 that needs to be included too.
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Requirements for C-Corporation
Steps involved in Formation of a C-Corporation
Forming an S Corporation
A corporation that has been formed in California is by default a C corporation. For forming an S corporation, a C corporation needs to be formed initially. Then it is required to be electing with the IRS to be taxed as per Subchapter S of the Internal Revenue Code or IRC. This makes a corporation into an S corporation. The reason behind choosing to form an S corporation is that it is exempt from Federal taxation.
Requirements for S-Corporation
Steps involved in Formation of a S-Corporation
REGISTERED AGENT
Each and every corporation in California must have a registered agent, an individual or company available at a particular address during work (business) hours for any kind of communications from the state. BAIS has obtained expertise in handling all such communications and reduce the burden on the client corporation.
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Incorporating any business is a specialized service of BAIS. The processes that seem quite complex for any of our clients are simplified at our end. We are completely aware of the laws that prevail in each state when it comes to the incorporation of any business and this makes us one of the highly-sought filings company. To know more about our services, kindly email us at info@bayareaimmigrationservices.com or call us at 510-770-8700.