If you're a sole proprietor or in a partnership and your business has grown, you may be considering the benefits of incorporating. However, navigating the process of incorporation can be daunting. That's where we come in. We can provide expert guidance and support to help you convert your current business structure to a corporation.
From preparing the necessary documents, facilitating the filing process, and transferring property to your new corporation (s 85 rollover), we can take care of every aspect of your incorporation.
Our goal is to make the process as streamlined and stress-free as possible, so you can focus on running your business. With our help, you can rest assured that your business will be set up for success as an incorporated company. Contact us today to learn more about how we can assist you.
Benefits of incorporating
As your business expands and prospers, the potential risks and liabilities can increase proportionately. Incorporating your business can help mitigate some of these risks, as it allows your company to become a distinct legal entity with the benefit of limited liability.
Incorporating also offers tax advantages that can positively impact your bottom line. By operating through a corporation, you can potentially reduce or defer tax payments, providing you with the opportunity to invest those tax savings back into your business. Additionally, this type of business structure can improve your eligibility for grants and funding. A corporation adds a level of credibility to your business, making it more attractive to investors and enhancing your ability to access specific grants that may only be available to corporations.
Overall, incorporating your business not only minimizes risk and liability, but also provides significant financial and growth benefits. Consider exploring this option to help safeguard and propel your business to greater success.