California Incorporation Step by Step

You will be filing Articles of Incorporation with the State of California. The submission will be reviewed by California and typically within 2-7 business days you will receive certification that you have a new corporation in California

You will learn how to obtain a taxpayer identification number. You need a taxpayer identification number to open a bank account, to file your corporate taxes, to hire employees. It's similar to your social security number.

Obtaining an S Election is important because you can lower your taxes. Many people think they are automatically an S Corporation. In order to be a Corporation you must file a 2553 with the IRS within certain time deadlines and you must receive the IRS approval. You will have filed the S Election after this lecture

Preparing minutes is how you determine the officers, directors and shareholders for your corporation. There is a very specific format for you to comply with the law. The minutes allow you to open a bank account, apply for an S election and other requirements.

You will learn how to draft and create bylaws for your corporation. Bylaws are the rules and regulations for your corporation. You will determine how many directors you have, the number required for a quorum to vote, the description for each officers, dates of meetings and more.