Incorporate & Protect Your Personal Assets

The primary reason many business owners form corporations or LLCs is to protect their personal assets from creditors. As a sole proprietor, your liability for business debt is unlimited, meaning personal assets such as your home, personal bank accounts and other valued assets may be at risk. In our increasingly litigious society, it is becoming ever more important to limit your exposure and protect yourself from liability.

Before you decide, there are certain questions to ask: What type of business do you run? How many owners do you have? What is your financial situation?

MyCorporation simplifies the filing process, saving you time and money, to help you get the benefits of incorporation that thousands of clients are enjoying today!

There is no one choice that suits every single business: Business owners have to pick the structure that best fits their needs and personal situation.

Get more details at "Benefits of Incorporating."

Plus, you've got a few choices about how to incorporate. You can do it yourself (time), hire a lawyer (money)—or when you're ready, MyCorporation is here to help you decide.

To begin, there are several important factors to think about when deciding to incorporate or form an LLC:

Potential business risks and liabilities
Formalities and expenses involved
Your income tax situation
Your need to raise capital, if any 

If your business will engage in risky activities you'll almost surely want to form a business entity that provides personal liability protection (limited liability), which shields your personal assets from business debts and claims. A corporation or a limited liability company (LLC) may be the best choice for you.

Don't follow advice from well meaning friends or associates, contact the experts in the field and let them guide you through this complicated maze. You owe it to yourself to get your business structured the way that it will benefit you most.