Edward J. Achrem & Associates

Benefits of Incorporating Your

Business

The most important and common benefit for incorporating your business is that the owners and shareholders are not personally liable for the debts and obligations of the corporation, allowing you to protect and insulate your personal assets from being seized. Once the corporation has been established, and as long as it continues to be maintained as a separate legal entity, your hard-earned assets can be protected from seizure in almost every case.

Nevada is one of only a few states that provide substantial benefits to corporations. With no state taxes to pay, a corporation formed in Nevada has many advantages over corporations formed in other states.

If the corporation is sued and a large judgment is obtained against it, so long as its corporate officers treated their case as a separate legal entity, their personal assets will be completely protected from seizure.

Corporations are not expensive to form. After a search is conducted to determine if the proposed name is available, a corporation can be set up very quickly. In Nevada and California, one person can hold all offices, and the company's business can be conducted in other states.

There are also different types of corporations, including a "C" corporation and a "Subchapter S" corporation. Depending on a variety of factors, one type of corporation may be better suited than another.

For further information on what's involved in setting up a corporation and how much it costs, contact our offices directly.

With over 40 years of combined legal experience, we have the resources, expertise and legal knowledge it takes to protect your legal rights.  

Achrem & Associates

"From the claim to the courtroom, we're there when you need us most."