Incorporating Services

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Credit Card Merchant Account Escrow Services Incorporation Services Recommended Resources		INCORPORATIONS Incorporating is one way to separate your business income from your personal income. Follow the lead of the large corporations and do what they do. Pay all of your business rent, utilities, supplies and other expenses out of your corporate checking account. Make every expense you have a business expence if possible. Incorporation is very easy if you understand a few basic concepts: REGISTERED AGENT AND REGISTERED OFFICE All corporations require a registered office and a registered agent. The registered office is a physical location within the state where attorneys and governmental offices can contact you regarding your corporation. The registered agent is a person or entity that resides in the state who can receive registered or certified mail on behalf of the corporation. All corporations are required to file annual reports with the state. The registered agent is the person responsible to see that your annual corporate report is filed in a timely manner. If it is not, he or she will be receiving certified or registered letters from the state concerning your late or missing annual report. You not only need a registered agent for a corporation, you want one. C CORPORATION (For Profit) A C corporation is a for profit business owned by the shareholders. Anybody you want can be a shareholder. Shareholders may be officers, employees or independent contractors of the corporation. The officers and employees of the corporation receive salaries. The shareholders receive dividends from the profits of the business. C corporations pay any federal, state and local taxes that may apply based on gross receipts (all money received for products and services) and net profits (what's left over after paying all expenses). The best way to use a C corporation is to pay out as much as you can for rent, utilities, business supplies and expenses, to yourself and family members as a salary or as contract labor, to trusts to protect your assets, to your favorite charities as donations, to buy real estate as an investment, to provide health care for you and your family and to have as little of a taxable profit as possible. It is this taxable profit that is distributed to shareholders as a dividend. S CORPORATION (For Profit) An S corporation is a for profit corporation that files for special status with the IRS in the USA. The corporation does not pay taxes. Profits from the corporation are paid to the shareholders as dividends under Subchapter S of the Internal Revenue Code. The shareholders pay taxes on these dividends but the corporation does not. In all other respects an S corporation looks like and operates like a C corporation. Only small businesses owned by a small group of people or family can qualify to become an S corporation. Use it just like you would a C corporation except take most of your money out of the corporation as a dividend rather than salary unless you're trying to build up future Social Security benefits. NONPROFIT CORPORATION (Recommended!) Nonprofit corporations look and operate just like a C corporation except they pay no taxes, have no shareholders and pay no dividends. Different states have different qualification requirements you need to research before filing your Articles of Incorporation, but as a rule you may file Articles for any business that offers education, health care and products and spiritual or charitable services under nonprofit laws and regulations. There are stricter laws governing solicitations for donations and handling investments financed by other people's money. But, if you run a small legitimate business that fits under the headings of spiritual, education or health care a nonprofit gives you more options than any other form of doing business. You can always convert to a profit corporation or limited liability company later. You can own real estate and function just like a C corporation in many ways as long as you do it prudently. Advertising competitive products and services is an area where you need to be very careful in the health care field. You can make a profit but cannot function as a for profit business by being blatantly competitive. Instead of making false claims and spending thousands on advertising, do it quietly with referrals and simple offers to demonstrate how people can help themselves better. FEES We will incorporate your alternative, holistic or natural therapies business in North Carolina as a nonprofit corporation, assign Infinity Pointe as your Registered Agent, and send you a template for your bylaws for only $150.00 initially and $25.00 a year thereafter as a Registered Agent fee. Pay Now We will incorporate your for profit corporation, assign Infinity Pointe as your Registered Agent, and send you a template for your bylaws for only $250.00 initially and $25.00 a year thereafter as a Registered Agent fee, plus corporation renewal fees, which are currently $ 25.00 annually. Contact us for more information

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Incorporation
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Recommended
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INCORPORATIONS

Incorporating is one way to separate your business income from your personal income. Follow the lead of the large corporations and do what they do. Pay all of your business rent, utilities, supplies and other expenses out of your corporate checking account. Make every expense you have a business expence if possible.

Incorporation is very easy if you understand a few basic concepts:

REGISTERED AGENT AND REGISTERED OFFICE

All corporations require a registered office and a registered agent. The registered office is a physical location within the state where attorneys and governmental offices can contact you regarding your corporation.

The registered agent is a person or entity that resides in the state who can receive registered or certified mail on behalf of the corporation. All corporations are required to file annual reports with the state. The registered agent is the person responsible to see that your annual corporate report is filed in a timely manner. If it is not, he or she will be receiving certified or registered letters from the state concerning your late or missing annual report.

You not only need a registered agent for a corporation, you want one.

C CORPORATION (For Profit)

A C corporation is a for profit business owned by the shareholders. Anybody you want can be a shareholder. Shareholders may be officers, employees or independent contractors of the corporation. The officers and employees of the corporation receive salaries. The shareholders receive dividends from the profits of the business. C corporations pay any federal, state and local taxes that may apply based on gross receipts (all money received for products and services) and net profits (what's left over after paying all expenses).

The best way to use a C corporation is to pay out as much as you can for rent, utilities, business supplies and expenses, to yourself and family members as a salary or as contract labor, to trusts to protect your assets, to your favorite charities as donations, to buy real estate as an investment, to provide health care for you and your family and to have as little of a taxable profit as possible. It is this taxable profit that is distributed to shareholders as a dividend.

S CORPORATION (For Profit)

An S corporation is a for profit corporation that files for special status with the IRS in the USA. The corporation does not pay taxes. Profits from the corporation are paid to the shareholders as dividends under Subchapter S of the Internal Revenue Code. The shareholders pay taxes on these dividends but the corporation does not. In all other respects an S corporation looks like and operates like a C corporation.

Only small businesses owned by a small group of people or family can qualify to become an S corporation. Use it just like you would a C corporation except take most of your money out of the corporation as a dividend rather than salary unless you're trying to build up future Social Security benefits.

NONPROFIT CORPORATION (Recommended!)

Nonprofit corporations look and operate just like a C corporation except they pay no taxes, have no shareholders and pay no dividends. Different states have different qualification requirements you need to research before filing your Articles of Incorporation, but as a rule you may file Articles for any business that offers education, health care and products and spiritual or charitable services under nonprofit laws and regulations. There are stricter laws governing solicitations for donations and handling investments financed by other people's money.

But, if you run a small legitimate business that fits under the headings of spiritual, education or health care a nonprofit gives you more options than any other form of doing business. You can always convert to a profit corporation or limited liability company later. You can own real estate and function just like a C corporation in many ways as long as you do it prudently.

Advertising competitive products and services is an area where you need to be very careful in the health care field. You can make a profit but cannot function as a for profit business by being blatantly competitive. Instead of making false claims and spending thousands on advertising, do it quietly with referrals and simple offers to demonstrate how people can help themselves better.

FEES

We will incorporate your alternative, holistic or natural therapies business in North Carolina as a nonprofit corporation, assign Infinity Pointe as your Registered Agent, and send you a template for your bylaws for only $150.00 initially and $25.00 a year thereafter as a Registered Agent fee.

Pay Now

We will incorporate your for profit corporation, assign Infinity Pointe as your Registered Agent, and send you a template for your bylaws for only $250.00 initially and $25.00 a year thereafter as a Registered Agent fee, plus corporation renewal fees, which are currently $ 25.00 annually.