Attorneys Corporation Service

Is your client considering incorporating his or her new business in New Jersey? This could be a good idea for many reasons. Bordered on the north and east by New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania, and on the southwest by Delaware, there are many opportunities for businesses of various industries. New Jersey is also the second-wealthiest U.S. state by 2011 median household income.

Starting a business in New Jersey means reviewing the steps for incorporating in that state. The following must be included to file a Certificate of Business Formation with the New Jersey Department of the Treasury:

• The business name and entity.  Your client’s business cannot share the same name as another business or the same name as a natural person, and you will need to include a “business designator” such as “Inc., Corp., Corporation, Ltd., Co., or Professional Corporation.” The Commercial Recording Office of the New Jersey Department of the Treasury will automatically check for name availability. You must also choose the type of business from a list of “legally recognized business entities.”
• Business Purpose. Your client’s new business must have a purpose. It may be specific or “general”, meaning that the corporation has been organized “to engage in any activity within the purposes for which corporations may be organized under NJSA 14A:1-1 et seq.” Essentially, the corporation may serve any lawful purpose.
• Information about stock shares. You’ll need to know the number of shares of stock, which must be at least one. A “par value,” or stated value, is not required.
• Registered Agent’s information.  The Agent may be a person or a corporation duly registered in New Jersey.  You must include the name, New Jersey address, and contact information of the Registered Agent. The Agent is charged with sending and receiving corporate documents and correspondence on behalf of the corporation. Talk to us about setting your client up with a Registered Agent in each of the 50 states.
• Incorporator’s information.  The incorporator files the Certificate of Business Formation and any other official documents required by the state. There must be at least one incorporator whose name, address, and signature is listed on the Certificate of Business Formation.
• Directors’ information. The corporation must have at least one director. Each director’s name and street address must be listed.  For professional corporations, the law requires that a minimum of one director be a shareholder and be licensed or legally authorized, within New Jersey, to provide the professional service for which the corporation is formed.
• Annual reports.  All corporations, limited partnerships, limited liability companies and limited liability partnerships (domestic or foreign) must submit annual reports and associated filing fees each year. The filing fees are $50.00 for corporations; $50.00 for limited liability companies; and $25.00 for non-profit organizations.
• Additional articles/provisions may be added.

For more information on how to incorporate in New Jersey, or to start the incorporation process today, contact the experienced business formation specialists at Attorneys Corporation Services, Inc.

The post How to Incorporate a Business in New Jersey is from Attorneys Corporation Service Attorneys Corporation Service - Sells corporate kits and LLC kits Attorneys Corporation Service

Attorneys Corporation Service

Thinking of incorporating your client’s business in Oklahoma? Be sure to follow the appropriate steps to ensure the business is properly formed.

The first order of business? File your client’s Certificate of Incorporation with the Secretary of State, or let us do so for you. Before you begin drafting these necessary incorporation documents, it is important to determine potential business names, whether your client wants to issue stock and if so, how much, and who will serve on the board of directors.

The Certificate of Incorporation for an Oklahoma business must include:

• A distinct business name.  The corporation cannot share the same name as another business or the same name as a natural person.  The name of the corporation must contain one of these words: “association”, “company”, “corporation”, “club”, “foundation”, “fund”, “incorporated”, “institute”, “society”, “union”, “syndicate” or “limited” or an abbreviation, or “words or abbreviations of like import in other languages provided that such abbreviations are written in Roman characters or letters,” according to the Secretary of State. Let Attorneys Corporation Service, Inc. run a fast and accurate business name availability check.
• Information about stock shares. An Oklahoma corporation must issue stock.  The total number of shares of stock, the designation of each class and series (if any) and the par value of the shares of each class and/or series of stock must be stated within the certificate of incorporation. Moreover, you’ll need to know the number of shares of stock, and their “par value” or stated value, that the corporation can issue. You’ll also need to list the number of shares without par value.
• Determine the corporation’s filing fee. To determine the filing fee for your Certificate of Incorporation, you’ll need to calculate the total authorized capital (TAC). The TAC is computed by multiplying the number of shares by the par value of each share. The filing fee is one-tenth of one percent of the TAC.  If the TAC is $50,000.00 or less, the filing fee is $50.00. If the TAC is greater than $50,000.00, the fee is $1.00 per $1,000.00.  Stock with “no par value” is valued at $50.00 per share for determining filing fees only.
• Purpose of the corporation. It is sufficient to state, either alone or with other business purposes, that the purpose of an OK corporation is to “engage in any lawful act or activity for which corporations may be organized under the general corporation law of Oklahoma,” according to the Secretary of State.
• Registered Agent’s information.  As the Oklahoma Secretary of State provides, “the registered agent accepts service of process in the event of a lawsuit against the corporation. Every corporation must maintain a registered office and a registered agent. The agent may be the domestic corporation itself, an individual resident of this state, or a domestic or qualified foreign corporation, limited liability company, or limited partnership.” The registered agent must maintain a business office that is open during regular business hours to accept service of process and otherwise perform the functions of a registered agent. We can set you up with an RA in Oklahoma and/or in any of the 50 United States.
• Incorporator’s information.  There must be at least one incorporator who signs and files the Certificate of Incorporation and any other official documents required by the state. Any person, partnership, association or corporation, singly or jointly with others, and without regard to residence, domicile or state of incorporation, may incorporate or organize a corporation pursuant to the provisions of the Oklahoma General Corporation Act. The incorporators are not necessarily officers, directors or shareholders, although it does not exclude them from being such. You must include the name, address, and signature of each incorporator.
• Directors’ information. If the incorporators and directors are not the same person or persons, the names and mailing addresses of the persons who are to serve as directors must be listed.

For help drafting the Oklahoma Certificate of Incorporation, reach out to one of the experienced business formation specialists at Attorneys Corporation Service, Inc. For more information on how to incorporate a business in Oklahoma or another state, reach out to us today.

The post How to Incorporate a Business in Oklahoma is from Attorneys Corporation Service Attorneys Corporation Service - Sells corporate kits and LLC kits Attorneys Corporation Service

Attorneys Corporation Service

Is an LLC the right business entity for your client’s small business? We have highlighted the benefits of an LLC in the past but you still might be wondering: is the limited liability company the best legal structure for your client’s new business?

Many states have adopted some form of the Revised Uniform Limited Liability Company Act, which has resulted in relatively similar LLC formation requirements across jurisdictions. However, each state does have its own requirements. With Attorneys Corporation Service, Inc., you can be confident that your filing service specialist is aware of each state’s requirements and will properly and efficiently file your client’s paperwork.

Ready to get started? As most attorneys and CPAs know, LLC formation begins with the drafting of articles of organization. If you are unfamiliar with a particular state or are short on time, Attorneys Corporation Service can Draft N’ File the Articles on your behalf. Provide us with basic information, such as the name of the LLC, its office address, and the name of registered agent who has authorization to accept legal service of process on behalf of the entity, and we will take it from there. Attorneys Corporation Service also offers Registered Agent services in each of the 50 states.

With Attorneys Corporation Service, Inc. you don’t have to wait weeks, or even days, for your client’s new LLC to be formalized. Attorneys Corporation Service experts can form your client’s business in 24 – 48 hours. Additionally, we monitor the progress of your filing to help you obtain the fastest processing possible, no matter which state we are filing your documents in.

For more information on how to form an LLC, or to order a customized LLC Kit, visit our website or call us today.

The post Quick, Easy LLC Formation is from Attorneys Corporation Service Attorneys Corporation Service - Sells corporate kits and LLC kits Attorneys Corporation Service

Attorneys Corporation Service

With tax preparation season in full swing, many of the individuals who have formed LLCs are wondering about tax deductions and write offs for their business. As their legal counsel or financial advisor, it is often up to you to guide them down this path.

Here are a few of the tax ‘benefits’ that come with forming a business as an LLC.

Health Insurance

Healthcare is a big issue these days, for employers and employees. As an LLC, the business owner will be able to deduct the cost of obtaining group hospitalization and medical insurance for all employees who are not members of the LLC. Caveat: this may or may not be affected by the implementation of Obamacare.

Currently, LLCs are eligible for the deduction regardless of the type of entity tax rules it is subject to. The deductible amount also includes the portion the LLC pays to provide employees with long-term care coverage.

Additionally, if the LLC is classified as a partnership, its members are considered to be self-employed. All self-employed taxpayers are eligible to deduct the cost of acquiring medical, dental and long-term care insurance for themselves, a spouse and all dependents.

Other Business Expenses

Smartphones are a must for every business owner and fortunately, a business cell phone plan might be deductible. Of course, it needs to be completely separate from a personal phone. Further, as an LLC, the business owner will be able to deduct up to 50% of the cost of meals relating to business entertainment or business development and the cost of meals with employees is 100% deductible.

This is not an exhaustive list of tax-deductible LLC expenses and the LLC may or may not be the ideal option for your client. But whether you choose to incorporate, file as a DBA, or form an LLC, Attorneys Corporation Service, Inc. can assist you from start to finish. From running a business name availability check to drafting and filing your client’s article and creating a customized corporate or LLC kit, look no further than Attorneys Corporation Service, Inc. for your business formation needs.

The post LLC Tax Deductions is from Attorneys Corporation Service Attorneys Corporation Service - Sells corporate kits and LLC kits Attorneys Corporation Service

Attorneys Corporation Service

Attorneys Corporation Services, Inc. provides LLC operating agreements for businesses in all 50 states. As many of our clients — licensed attorneys and CPAs — are aware an operating agreement is an agreement among limited liability company (“LLC”) members that govern the LLC’s business and the member’s financial and managerial rights and duties.  It should be noted that most states do not restrict member ownership and members may include individuals, corporations, other LLCs and foreign entities. Additionally, there is no maximum number of members and most states also permit “single-member” LLCs with only one owner.

Membership rules aside, many states require an LLC to have an Operating Agreement, which Attorneys Corporation Service, Inc. can provide quickly and without breaking your budget. Creating an Operating Agreement specific to your client’s needs might not be a bad idea as LLCs operating without one are governed by the State’s default rules. These rules may or may not be in your client’s best interests.

LLC Operating Agreements can be amended at any time by the company members or managers. Make sure your clients keep their Operating Agreements safely inside their LLC kits to avoid misplacing this valuable document.

For more information about turnaround times and how we can assist you and your clients with their LLC formation needs, call Attorneys Corporation Service, Inc. today.

Attorneys Corporation Service, Inc. provides fast, reliable formation services and quality products. For customized Estate Plan Organizers and Corporate Supplies, your premier source is Attorneys Corporation Service. We also provide solutions for tough filing assignments. Call us at 800.462.5487 or check out our online ordering system.

The post LLC Operating Agreements is from Attorneys Corporation Service Attorneys Corporation Service - Sells corporate kits and LLC kits Attorneys Corporation Service

Attorneys Corporation Service

Need to obtain information on a UCC filing ASAP? Attorneys Corporation Service, Inc. has your solution: our quick and accurate UCC (Uniform Commercial Code-1) filing search. Required under Article 9 of the UCC, our clients (attorneys, CPAs, enrolled agents, and other licensed professionals) regularly request UCC Filings for their clients businesses, both small and large.

A UCC filing is a financial statement submitted to the Secretary of State that details your client’s corporate cash flow, internal rates of return, and balance sheets.

When your client’s personal business assets are used as collateral for borrowing, a UCC-1 statement is prepared, signed, and filed; creating a secured loan. The filing creates a lien against the the property and your client must pay off the debt before disposing of the property. The lien is registered in the state in which the business is located.

A UCC filing search is required before you and your client decide to obtain a secured loan. We will perform a lien search on your behalf, ensuring that no other UCC-1s are filed against the piece of collateral potentially being financed. If several lenders have filed UCC-1s against the same piece of collateral, the one that shows the oldest file date/time stamp on it is considered the 1st lien.

Priority of a lien is determined by the date/time it is received at the Secretary of State’s office.

Let us help you protect yourself and your client. Our UCC filing specialists can handle your UCC, Tax Lien, and Judgment needs at the state of local jurisdiction level. Within a matter of 24 hours, our searches will provide you with the most current and accurate information available. Attorneys Corporation Service, Inc. has simplified the filing request process by allowing you to submit your requests via fax, email, or internet.

Call or visit us online TODAY. We will help you will your UCC filing needs.

The post Same Day UCC Filing is from Attorneys Corporation Service Attorneys Corporation Service - Sells corporate kits and LLC kits Attorneys Corporation Service

Attorneys Corporation Service

Is your client not interested in forming his or her new business as a corporation or LLC? Perhaps the DBA is the best fit. It is inexpensive and requires very little in terms of time investment. There are still a few legalities that must be met, however. Most states require that you file a DBA, or Doing Business As, for your clients if they are doing business under a name other than their legal name, which involves paperwork and an often slow turnaround time. Which is exactly where Attorneys Corporation Service, Inc. comes in…

Attorneys Corporation Service, Inc. can save you time and money filing a DBA in any county nationwide. Additionally, since the DBA filing process is not complete without publication of the potential use in a newspaper, we will also take care of finding the appropriate local newspaper to publish your client’s desired DBA in — all for one low price.

When it comes to timing, it is best to file the DBA before your client actually starts doing business under the business name. In fact, some jurisdictions, such as California, require that a DBA is filed within a certain period of time of the name’s first use.

A DBA is a quick, easy, and economical way to operate a small business and can be the cheapest and simplest structure for formal business recognition. There are pros and cons to structuring your client’s business as a DBA, which you can discuss in detail with your client. But let Attorneys Corporation Service, Inc. deal with the paperwork and headache that goes with filing your client’s DBA with the appropriate county or jurisdiction.

For more business formation and / or filing needs, check us out online. Or give us a call and speak to one of our experienced business formation specialists today!

The post Cheap, Quick DBA Filing is from Attorneys Corporation Service Attorneys Corporation Service - Sells corporate kits and LLC kits Attorneys Corporation Service

Attorneys Corporation Service

You’ve formed your client’s new business. Now you need a Registered Agent, but you don’t know of one in the state in which your client’s corporation or LLC is formed. What do you do? Call us, of course.

Attorneys Corporation Service, Inc. is pleased to provide its valued clients national Registered Agent Services for only $99/year.

Effective immediately, if you choose to use our in-house services, the new registered agent name must be reflected on all formation documents as:

LEGALINC CORPORATE SERVICES INC.

New Features will include:

• Immediate email notifications on all correspondence and S.O.P.
• Originals mailed/emailed to destination of choice with full tracking. Expedited shipping options available.
• All documents scanned and archived securely real time in our online cloud storage library

Upcoming Features to include:

• Compliance tracking and notifications.
• 24/7 online access to entity management.
• Document creation/management tools with document routing, edit/revision capabilities, and client collaboration features.

For more information on our Registered Agents services, available in all fifty states, contact one of our experienced business formation services professionals today or check us out online.

The post National Registered Agent Service is from Attorneys Corporation Service Attorneys Corporation Service - Sells corporate kits and LLC kits Attorneys Corporation Service

Attorneys Corporation Service

As every corporate or small business attorney or CPA is aware, well-maintained minute books are essential for every law-abiding business entity. Both the IRS and the courts are particular about corporate formalities — corporations of all sizes are required to follow them if they want to stay in business and avoid civil or criminal penalties. At Attorneys Corporation Services, Inc., we’ve provided you with a solution for you and your clients: Corporate Record Books.

Attorneys Corporation Service Inc.’s Record or Minute Books are delivered to you in a custom-manufactured three ring binder. The minute books contain the governance of the business entity, whether it is a for-profit or nonprofit corporation, a limited liability company (LLC), partnership or limited partnership. All business entities must maintain some type of record-keeping books pursuant to the laws of its state of organization or domestic state. Attorneys Corporation Service, Inc. is here to help. If you’ve taken the time to turn your business or your client’s business into a successful corporation, it’s important to keep it that way and Attorneys Corporation Service, Inc. has created a number of products to assist you.

Meeting minutes are the primary paper trail of a corporation’s legal existence, so knowing when and how to prepare these minutes is essential. Our Corporate Minute Books contain the forms and instructions your client needs to stay compliant — and keep the IRS and courts off your client’s back.

Our Minute Books come in several varieties, based on your client’s specific needs. Additionally, we offer same-day shipping! Standard orders received by 3:00 pm (Pacific Time), leave our office the same day. Request overnight shipping, and receive your order the next business day. For more information on our corporate minute books, contact one of our experienced customer service representatives.

A properly maintained minute book is a timesaver for legal and financial professionals. Attorneys Corporation Service, Inc. can provide you and your clients with professional, customized minute books, where you and your clients can safely keep the business’s certificates or articles of incorporation, amendments filed with the Secretary of State, bylaws or operating or partnership agreement, management votes, annual filings and qualifications. And we can get them to you in 24 hours.

Follow ACS on Twitter or check us out on Facebook for more business formation tips.

The post Corporate Minute & Record Books for Compliance is from Attorneys Corporation Service Attorneys Corporation Service - Sells corporate kits and LLC kits Attorneys Corporation Service

Attorneys Corporation Service

As the attorneys, CPAs, and other licensed professionals who deal with small and large businesses know firsthand, California law requires that every for-profit California corporation and limited liability company (LLC) file a Statement of Information with the California Secretary of State within 90 days of filing the original Articles of Incorporation or Articles of Organization.

Additionally, a for-profit corporation (such as a C-Corp or S-Corp) must re-file the Statement of Information at certain times. A corporation must file a state of information:

• Annually; and
• whenever the corporation: (1) moves, (2) elects new officers, (3) adds or deletes directors, (3) changes the name of its registered agent for service of process, or (4) changes the type of business the corporation is engaged in.

A California LLC must re-file its Statement of Information twice a year and whenever there is a change to: (1) the name of the limited liability company, (2) the name and/or address of the agent for service of process required to be maintained, (3) the street address of the LLC’s principal executive office, or (4) the name and complete business or residence addresses of any manager, officer or the Chief executive officer, if any. 

Furthermore, if the LLC is a member-managed LLC, the LLC must refile the Statement of Information if the name and/or business or residence address of each member changes; or if the principal business activity of the LLC changes.

It is important to note that both a corporation and an LLC must file a Statement of Information in California even if the corporation or LLC is no longer actively engaged in business. If you need to file a dissolution for your client’s business, click here.

Attorneys Corporation Service can help you file a Statement of Information cheaply and quickly. Contact us today to see how we can help you.

Follow us on Twitter, check us out on Facebook, or join our Google+ hangout for more business and legal news.

The post When to File a Statement of Information in California is from Attorneys Corporation Service Attorneys Corporation Service - Sells corporate kits and LLC kits Attorneys Corporation Service