Written By: Brandy Miller | July 15, 2017 | No Comments
If your business is ready to incorporate so you can reap all the advantages of a corporation, here are five steps you want to follow to make the transition process simpler and more efficient:
Contact a Corporation Lawyer Near Reading, PA or Near Your Office Location First.
Even if you are very certain you are ready to incorporate and that a corporation is the structure for you to secure legal advantages or other benefit, it’s important to speak with a business attorney. An attorney can help you review the process for incorporating and can help you understand whether incorporating is truly the right step.
Visit the Corporation Bureau at the Pennsylvania Department of State Website.
The website will tell you whether you are eligible to incorporate in Pennsylvania and will outline the process. You can also use the website to make sure your company name meets the requirements established for incorporation in the state of Pennsylvania.
Start the Filing Process.
Start by submitting your fee and a Name Reservation form to the Office of the Secretary of the State. Then, download the Pennsylvania Articles of Incorporation. You can do this by visiting the Department of State administrative offices or by downloading the packet online. Submit your Pennsylvania Articles of Incorporation along with all needed documentation. You may want to have a business lawyer near Reading, PA or your community to look over the packet before you send it to avoid any delays or problems.
Wait for a Reply.
The Secretary of State will either send you a Certificate of Incorporation or a rejection notice. If you are accepted, you will need to get an Employer Identification Number (EIN) as well. If you are sent a rejection notice, you will want to speak to an attorney to determine what to do next.
The process of incorporation is only the beginning. You’ll have to stay compliant with all corporation tax rules and other requirements to avoid legal penalties. You will want to keep careful records so you can prove your compliance in the event of an audit.
While you may do this process yourself, there are many intricacies about classifications that you should consider. The attorneys at Miller Law Group, PLLC have extensive experience working with local, national and international firms in every industry. So, if you’re looking for a business lawyer near Reading, PA to help you incorporate, to help you navigate problems with the incorporation process or to help you stay compliant, contact Miller Law Group, PLLC for a consultation.