Forming a California Foreign Corporation

When do I charge a California adopted corporation?

If you’re a baby business buyer about abreast the West bank and business is booming, you adeptness adjudge to aggrandize your business to yield advantage of added markets, possibly beyond accompaniment lines, and California is a abundant abode to abound and aggrandize a baby business. But afore you assurance the charter to your new accumulated offices and bandy advanced your doors, buck in apperception the filing affirmation that is the aberration amid a blessed and acknowledged accord with the accompaniment and a abrupt amends for declining to accede as a acceptable to the neighborhood: registering your California Adopted Corporation.

A California Adopted Association is a appropriate filing of any association that has been registered in addition accompaniment (its calm state) and is advised by the accompaniment to be accomplishing business in California. While the accompaniment will not action to adapt the law on your behalf, and while acknowledged admonition is consistently best approved from your advocate or acknowledged advisor, a loose, accepted aphorism of deride is that if you run an online abundance and anyone active in California purchases an item, you are not advised to be accomplishing business in the accompaniment — but if you accessible a accumulated appointment in California and abode the awash appurtenances from there, you acceptable would be appropriate to book a California Adopted Corporation.

What will I charge in adjustment to accept my California Adopted Corporation?

There are a amount of abstracts you accept to abide in adjustment to annals and conduct business as a adopted association in California.

Statement and Designation by Adopted Corporation

When you’re accessible to annals your adopted association in California, you will abstract a certificate agnate to the Articles of Incorporation you acclimated to alpha your business in your calm state, alleged the Statement and Designation by Adopted Association form. This anatomy will ask for advice about both your absolute business and your new business.

The Adopted Association anatomy will cover advice on the following:

The acknowledged name of your corporation, as it is laid out in the a lot of contempo adaptation of your Articles of Incorporation in your calm state

The administration beneath which your association was initially formed; your calm state

Your assumption controlling appointment address, acceptable amid aural your calm state

The abode you intend to you use in California, if applicative (it is altogether accessible to be accurately advised accomplishing business in California after captivation an appointment in the state)

Your agent, or registered agent, who is to be the acquaintance getting for the California adopted association and is to accept a concrete home abode in the state

Signature and affirmation of a accumulated officer

Relative to abounding added states, the California Adopted Association accumulation certificate is actual simple — the printed anatomy takes up alone two pages.

Certificate of Acceptable Standing

Sometimes aswell alleged a Certificate of Existence or Certificate of Fact, the Certificate of Acceptable Continuing is a certificate from your calm accompaniment assuming that you not alone abide but that your association has a cachet aural the accompaniment of Active, and that it is in acceptable continuing in the calm state. If your Certificate of Acceptable Continuing shows that you are in Default, you will not be accustomed to annals your California Adopted Association until you accept adapted whatever affair was befitting you from getting in acceptable standing.

This affirmation is not specific to California — a lot of states crave a Certificate of Acceptable Continuing or agnate document. Not all states accept this requirement; in Texas, for example, you are appropriate to affirm that your association is in acceptable continuing in its calm state, but no academic affidavit to abutment this affirmation is required. (Although if you lie, the Texas Secretary of Accompaniment will be beneath than admiring and your adeptness to accurately conduct business aural the accompaniment will be revoked.) Added states, such as Virginia, require, rather than the Certificate of Acceptable Standing, the aboriginal Articles of Incorporation and any consecutive filed amendments, certified by the Secretary of State.

Filing fee

The allotment fee for a California Adopted Association is currently $100. There are aswell expedited filing options, advice on which can be begin on the Secretary of State’s fee schedule.

Statement of Information

While not appropriate to be submitted forth with the Adopted Association allotment documents, a Statement of Advice for Adopted Association anatomy is appropriate of all adopted entities aural the ages that they book (or the anon above-mentioned 5 agenda months), so abounding accept to complete and abide the certificate forth with the California Adopted Association paperwork. The filing accept to be again annually to that the Secretary of State’s appointment is acquainted at all times of adapted advice on your business.

The Statement of Advice contains advice about the business not included on the Statement and Designation by Adopted Corporation, including:

CEO’s name and address

Secretary’s name and address

CFO’s name and address

Blazon of business of the corporation

Other advice that duplicates advice on the Statement of Advice can aswell be provided on the form, if there are any changes to be made.

Where do I annals my California Adopted Corporation?

There are a amount of means to go about ambience up your adopted corporation, depending on the amount of abetment you would like in advancing the paperwork. (While you are absolutely able to abstract and abide these abstracts on your own, it’s usually best to run any filing decisions you accomplish by a accumulated advocate or acknowledged advisor.)

Accumulated attorney

A accumulated advocate will advice you adjudge what blazon of article to anatomy and actuate the answers to any compliance-related questions you may have. He or she can again adapt your Statement and Designation by Adopted Association (typically by allotment the drafting to a paralegal, who will ample out your paperwork based on advice you’ve accustomed the attorney) and book the abstracts for you.

Any advocate account will acquire acknowledged fees, fees which are absolutely adapted for acknowledged assistance, but which may be advised top for the drafting account aspect of the service.

Third-party filing service

This is a band-aid for those who are too active or abashed with the responsibilities of not alone active a business but advancing for a additional to accept the time to absorb searching into paperwork formalities and requirements.

There are a ton of third-party filing casework out there, a lot of of which accept agnate services. A lot of of them are absolutely reputable, and yield the advice that you accommodate to abstract and adapt the Statement and Designation and book the California Adopted Association for you. Do your analysis — what costs you $239 at one aggregation adeptness amount alone $97 at addition company. And apprehend agreement and altitude anxiously — a accumulated officer’s signature is a requirement, so don’t be afraid if you accept an email allurement you to book and assurance a form.

In-person filing

This is a abundant band-aid for business owners who are adequate with government paperwork and accept the time to abstract them appropriately (any mistakes present in the appliance will add a adjournment to the already ample allotment delay times). To do so, download the forms from the Secretary of State’s website and abide your allotment by commitment or carrying it to: Secretary of State, Business Programs Division, Business Entities, 1500 11th Street, Sacramento, California, CA 95814.

However you adjudge to abide your Statement and Designation of Adopted Corporation, agenda that the Secretary of State, due to account cuts, has bankrupt all of its annex offices over 2010 and now operates alone in one office. Because of this, filing times are somewhat delayed (though there are near-immediate expediting options for those accommodating to pay for such services).

Incorporation 101: What Is C-Corporation?

What Is a Corporation?

Corporation is a legal form of organization of persons and material resources, chartered by the state, for the purpose of conducting business. Corporation is owned by shareholders, the Board of Directors governs the business, and elected officers manage the day-to-day activities. Corporation must adhere to corporate tax laws and file corporate taxes regularly.

A Corporation, also referred to as Standard Corporation, C-Corporation, or Regular Corporation, may have an unlimited number of shareholders, including foreign citizens, may be public (when shares are offered for sale to the public) or privately held (when shares are not sold to the public). Usually shares of the corporation are held by the founders, board members and private investors, such as venture capitalists, who may or may not sit on the board of directors.

C-Corporation is the most common type of incorporation. C-Corporation is considered to be a for-profit, state-incorporated business. Registration is done with state authorities and must abide by corporate laws in the state where it is incorporated.

Corporation provides protection to its shareholders from the corporation’s liabilities, thus the term “limited liability”. However, C-Corporations also have what is called “double taxation” – first the corporation is taxed on its profits, and then shareholders are taxed on the distributions they receive, such as profit sharing payments or dividends.
To incorporate you will need to register your business name, file a certificate of incorporation or articles of incorporation, and pay a fee. You will also need to draft corporate bylaws and hold a board of director’s meeting.

Why Should I Incorporate?

Incorporating is one of the best ways to protect your personal assets while doing business. Most people choose to incorporate solely for this reason, but its not the only advantage of incorporation.

For example, owning a corporation can save you tax money, allows for a greater business flexibility, reduces your chances to be audited, provides tools for better itemization, and makes raising capital less complicated.

Advantages of Incorporating

  • Limited Liability: A corporation is a legal entity that exists separately from its owners or shareholders. With some exceptions, shareholders are not liable for the debts and obligations of the corporation or from any litigation where the corporation is the defendant. Some form of insurance may still be necessary, but incorporation contributes an added layer of protection (also called “corporate veil”).
  • Tax Savings: Careful planning of your business expenses can result in lower overall tax rates. There are many tax benefits for doing business under incorporation, depending on your business income. Even if your young business becomes quite profitable soon, a corporation is entitled to many deductions otherwise not available to you, resulting in significant tax savings. An example of such tax-deductible expense would be salaries of your employees and yourself.
  • Reduces Likelihood of IRS Examination (Audit): Non-incorporated businesses, particularly of higher gross income levels, are targets of many IRS Audits. Incorporated businesses have a much lower audit rate, even if they have high income levels.
  • Anonymity: Depending on the state where you choose to incorporate in, a corporation can be established in such a way that shareholders/owners remain anonymous. Often same level of anonymity can be provided for officers and directors.
  • Added Credibility: A corporate structure communicates permanence and credibility. Even if its a company with only one stockholder and employee.
  • Easier Access to Capital Funding: With a corporation it is much easier to attract investors through the sale of stock.
  • Easier Transfer of Ownership: Ownership of a corporation may be transferred without substantial disruption of operations through the sale of stock. This way the need for complex legal documentation is reduced.
  • Flexibility of Share Ownership: Owning shares gives you the flexibility needed, among other things, to effectively capitalize your business, or to retain key employees. To further capitalize the business successful C-Corporation can be taken public in a process called Initial Public Offering (IPO). You can also issue stock or stock options to your key employees, “binding” them to the business and thus retaining them (common in hi-tech industry among others).
  • Longevity: The board carries on the corporation, not the owner. That means that a corporation formation can last longer than an owner-based company such as an LLC.

Main Disadvantages of C-Corp.

C-Corporations have certain disadvantages. The main disadvantage is the fact that the profit of a C-Corporation is taxed to the corporation when earned, and the corporation does not get a tax deduction when it distributes dividends to shareholders. Then when dividends are distributed to the shareholders they are taxed again at the shareholder level. This phenomenon is called “double taxation”.

Similarly, when C-Corporation has a loss, its shareholders cannot deduct it from their personal income.

C-Corp. vs. S-Corp. vs. LLC

Other forms of incorporation of business organization include S-Corporation and LLC. Each of those types of entities have certain advantages and disadvantages when compared to the common C-Corporation, but a more detailed comparison between those entities goes beyond the scope of this article.

Alex Zehnbacht is an entrepreneur with over 8 years of experience in start-ups and business consulting and one of the founders of MyUSACorporation.com, an online business dedicated to help entrepreneurs with all their business filing needs. He has helped thousands of clients to incorporate their businesses, form LLC, obtain various business licenses, and much more.

How Do I Know If I Am In An Abusive Relationship?

Pregnancy and the achievement of a new activity can be heartwarming and a admirable time. However, abundant women active in calm abandon situations, abundance can be abounding with fear, ambiguity and insecurity.

Domestic violence, aswell accepted as affectionate accomplice violence, is generally concrete but can aswell be economic, emotional, verbal, animal and even stalking. It can appear to anyone. Calm abandon knows no boundaries. It happens to students, calm moms, cashiers and accumulated executives. Women of all ages, ethnicities, faiths, bread-and-butter cachet and levels of apprenticeship can acquisition themselves in an ambiance area their affectionate partner, or above partner, is abusing them. It is added accepted than humans believe. According to the Calm Abandon Intervention Program, as abundant as 35% of women acquaintance some anatomy of affectionate accomplice violence. That is agnate to 1 in 3 women.

How do I apperceive if I am in an calumniating relationship?

If you are not abiding what the signs of affectionate accomplice corruption are, you are not alone. Corruption comes in abounding forms. Below, beneath acclaimed forms of corruption are listed first.

Economic: Preventing you from traveling to work; not acceptance you a say in how money you becoming is spent; blocking admission to your income; denial money for basal needs; burglary money from you.

Emotional: Blaming you for things you accept not done; shaming; neglect; browbeating (i.e. banishment you to do something adjoin your will including use of drugs, alcohol, or smoking); base you; name-calling; around-the-clock criticism; putting you down.

Psychological: Stalking; threats; intimidation; aggravating to ascendancy what you can or cannot do; isolating you from friends, family, co-workers.

Sexual: Banishment you to accept sex or accomplish animal acts you do not wish to appoint in; abnegation to use condoms; preventing you from application your best of bearing control.

Medical: Preventing you from traveling to medical accessories or gluttonous medical affliction for injuries; causing you to not yield decree medications (i.e. hiding, throwing away, not acceptance you to ample prescriptions); ambitious to appear all medical accessories with you and/or to be in the assay room.

Physical violence: Pushing; slapping; punching; kicking; biting; use of weapons including knives or guns.

Click for the Domestic Abandon Intervention Program’s abundant account on signs that announce you may be experiencing affectionate accomplice violence.

Hotline Phone Numbers:

National Calm Abandon Hotline: 1-800-799-SAFE (7233) or 1-800-787-3224 TTY

W.O.M.A.N., Inc., San Francisco Bay Area 24-Hour Hotline: 415-864-4722

Ways to Pay Off Medical Bills If You Don’t Have Healthcare Coverage

The appulse of bloom allowance premiums and analysis costs continues to be a above affair for consumers. In addition, a contempo industry analysis adumbrated that 77% of consumers struggled application their bloom allowance in the accomplished year. While we ahead what’s to appear on the healthcare landscape, actuality are some means to abate and or at atomic administer your medical costs, with or after insurance.

  1. Speak Up: Let your healthcare provider apperceive how medical costs can appulse your claimed situation. Most providers accommodate superior care. Sometimes, this could beggarly added costs to you. However, if you audibly explain to your doctor your apropos and are gluttonous means to accumulate them in band while finer alleviative your condition, s/he can adapt a analysis plan with this in mind.
  2. Unnecessary Procedures: Understanding your acuteness to costs, your physician ability annihilate beneath all-important tests or adjournment tests, if possible, after compromising your situation.
  3. Generic Medications: Costing up to 80% beneath and just as able as cast names is a acceptable way to abate the prices of your prescriptions. There are a amount of acceptable assets for this.
  4. Online Research: Do your appointment afore the action to analyze costs in your area. Use this advice as a guideline. Remember, there are abounding factors in free why a action costs what it does. In addition, acquaintance your own allowance plan or use their amount estimator tool.
  5. Right Facilities: Urgent affliction clinics can amount a atom of hospitals and emergency apartment if it comes to accomplishing procedures, tests or claret tests. These are acceptable for non-emergency care.
  6. Banknote Payments: If you can pay cash, ask about banknote discounts. It’s beneath plan for the authoritative offices.
  7. Transaction Plan: Avoid putting a ample medical bill on a acclaim card. Instead, ask if you can pay application a pay plan. Most providers action this and in some accident cases, they ability even abate what you owe. Acquisition out what your doctor’s transaction options are.
  8. Medical Advocates: For complicated cases, a medical or accommodating apostle offers casework including allowance to analysis analysis options, tracking paperwork and negotiating lower rates. You may accept to pay a fee but it can advice break circuitous paperwork or lower outstanding medical costs.
  9. Announcement Mistakes: Check your account of account (EOB) statements to accomplish abiding they are correct. Analyze them to your absolute bill. Industry studies advance abounding bills accommodate errors because of incorrect coding and added reasons. Do not alternate to alarm the announcement administration or your allowance plan’s abutment hotline to get to the basal of the bill if you doubtable it is incorrect or artlessly wish clarification.
  10. Understand Your Medical Insurance: Accomplish abiding your insurer is still in your bazaar and that your provider and ability charcoal in-network. Abounding consumers are abashed if they accept a bill they anticipation would be covered by their allowance alone to acquisition out the provider or the ability was out of arrangement with their plan.