A business officially becomes a corporation once it’s been incorporated. This step carries a great deal of significance as it means that the corporation not only enjoys several benefits, it is now considered a person under the law. The corporation will be held to a different level of taxes and liability and the corporation itself can differ. There are, for example, for-profits and non-profits, private and professional corporations, to name a few.
Requirements for incorporation will vary depending on the state; therefore it is not sufficient to simply believe that the requirements have been met, as this can result in being held liable for potentially millions of dollars despite believing you are exempt. It is imperative that you consult with a team of legal professionals that will ensure all incorporation requirements are being met, whether it’s here in Florida or otherwise. Our firm has years of experience working with clients throughout the incorporation process and is ready to assist throughout each step