Business Incorporation / Filling | Corp & LLC

New York Only

For startups, small company owners, and entrepreneurs, incorporating is a prudent move. The incorporation procedure establishes a distinct corporate entity that is distinct from its founders. Once created lawfully, a corporation can do business, engage in contracts, and possess property in the same way that a natural person would.

A significant advantage of incorporation is that it shields its founders from personal culpability. This implies that if a business fails, the founders' and shareholders' losses are often limited to the amount of their investment, and they may be released from future liability for corporate debts or obligations. Additionally, better reputation, transferable ownership shares, transparent structure, asset protection, and higher firm liquidity are all advantages.

Oladeji O. Bolaji & Associates can assist you in incorporating your business and advising you on all connected matters. Kindly contact us if you are interested in incorporating in New York or if you practice a profession that necessitates the formation of a professional business entity (Corp or LLC).