Incorporating is not for everyone. Those with a low tolerance for paperwork and with limited budgets may not find the benefits to be worth it. The lure of Delaware . Many businesses incorporate in Delaware because of the lower fees and the easier requirements. Savings alert .
Many online services offer registered agent services for free for the first six months.
When one incorporates, the business is legally deemed a separate entity from its owners, shielding them from personal liability for business debts and obligations. Incorporating is a fairly straightforward process for most companies. Although you can use a lawyer to guide you through it, incorporating may not cost as much nor take as long if you use an incorporation service. These services specialize in preparing and filing all the necessary paperwork to get that Inc. or LLC after your company name. Not surprisingly, a number of services have now sprung up on the Internet.