The California Secretary of State has two new corporation subtypes for the New Year and Attorneys Corporation Service, Inc., is ready to assist you in setting up your client’s new corporation.

These new corporation entitles allow flexibility in the scope and purpose of your business.

There are two subtypes of stock corporations in California

  1. “Flexible Purpose Corporation”
  2. “Benefit Corporation”

Aimed at benefiting entrepreneurs and investors, the new corporation subtypes allow individuals to organize stock corporations that can pursue both economic and social objectives which are two great goals for your clients.

The new stock corporation subtypes differ from traditional for-profit corporations that are organized to pursue profit and nonprofit corporations that must be used solely to promote social benefits.

To form a benefit corporation or a flexible purpose corporation, you will need to draft free-form Articles of Incorporation for your clients. If you are pressed for time, Attorneys Corporation Service Inc., can take care of this for you, quickly and cost-effectively. We can also incorporate C-Corp and S-Corp business entities for you and your clients in only 24 hours.

Attorneys Corporation Services, Inc., has been the leading choice for top corporate attorneys, financial advisors, CPAs, enrolled agents and business professionals for over 35 years. We provide fast, reliable formation services and quality products. For customized Corporate Kits, LLC Kits, Estate Plan Organizers and Corporate Supplies, your premier source is Attorneys Corporation Service.

We also have solutions for tough filing assignments. Call us at 800.462.5487 or check us out online at www.AttorneysCorpServices.com.

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