Business Incorporation Charleston SC

Expand Your Firm Through Business Incorporation in Charleston County SC

Are you ready to do what’s necessary for the growth and success of your business? If so, you ought to consider business incorporation in Charleston SC. Incorporation opens the door to new business opportunities and legal options for your company. And with help from Buxton & Collie, LLC, we make the incorporation process as straightforward as possible. Talk with our business attorneys today to get your company’s incorporation started!

What is Incorporation?

Incorporation is the legal process for which the state formally recognizes a business as its own separate entity. Depending on your company, there are various options. Some include incorporating into a class C corporation, class S corporation, or a limited liability company (LLC). With these structures, assets, finances, taxes, etc., are managed under the company instead of its owners or shareholders as a separate entity.

Do You Need to Incorporate?

Incorporating is a crucial first step if you wish to grow your company. By establishing your company as a separate legal entity, you free yourself from some liability and open the door to additional business opportunities. For example, some benefits of business incorporation in Charleston SC include:

• More Options for Growth – When just starting your business, you can understand how difficult it can be to find investors or secure enough capital. Conversely, creating a corporation or LLC makes acquiring capital simpler. As a separate entity, your business can invest in stock options, apply for lines of credit, secure more significant bank loans, and much more.
• Establishment of a Structured Organization – Before incorporating, your business’s operations were likely managed under one or a few individuals. You can create a more manageable organizational structure as a corporation or LLC. In establishing a board, officers, managers, etc., you create an entity that can manage daily operations without your direct involvement.
• Financial and Legal Protection – Before incorporation, you put your personal assets and finances at risk, as they are directly tied to your business. Instead, through incorporation, you create business accounts separate from your personal accounts. Such separation ensures that your personal finances and assets cannot be legally challenged if your business faces litigation.
• Additional Benefits – There are countless more benefits to incorporating your business in South Carolina. For example, incorporated businesses can receive special tax deductions, are considered more credible by banks and investors, allow your company to exist in perpetuity, more effortless transfer of ownership, and much more.

Talk with Our Team

If you wish to discuss business incorporation in Charleston SC, the business attorneys of Buxton & Collie, LLC are ready and able to assist. Additionally, we offer legal services targeting the sale or purchase of real estate and general estate planning. Learn more about our legal services by calling 843-606-2397 to schedule a consultation. Also, our office is located at 940 Johnnie Dodds Blvd, Ste 100, Mt. Pleasant, SC 29464.