If you own a business in California that is not incorporated, you might be missing out on some major advantages.
Basically, incorporation is the act of creating a company or other corporate entity. It is a legal process and it can be very complicated.
One area that causes much confusion for people who want to incorporate in California is the cost. As a business owner in the Golden State, it makes sense to understand the cost to incorporate in California before you begin the process.
This is something that you have to financially prepare for well in advance.
Why Incorporate in the First Place?
Before we talk about the cost to incorporate in California, let us look at the benefits it provides.
As mentioned earlier, those who do not incorporate are missing out on some great benefits.
The biggest benefit of incorporation lies in the concept of limited liability.