The Corporate form of ownership is a standard recommendation by most lawyers advising entrepreneurs interested in a technology startup. The corporate form of ownership provides an opportunity to limit personal liability, allocate ownership through equity distribution and, possibly, take advantage of favorable tax provisions for corporations in the Internal Revenue Code. There are various types of corporations that can be formed. Examples include limited liability corporations, not-for-profits, professional associations and many others. Since corporations are formed and empowered by state law, you have fifty jurisdictions to choose from in establishing your corporation. The Corporation Library provides support materials in the areas of incorporation (standard, for-profit), asset purchases and sales, stock distributions and financing activities involving notes and loans.
If you would like to retain the services of a lawyer to help you consult our
lawyer directory of more than 100 attorneys around the country who have used our resources. You can also find answers to your questions using our extensive library of audio questions and answers. If you need help you can contact Scott directly at (904) 868-0498 or send emails to his personal attention at radiodgn@gmail.com.