Sherina So King Li, JD, Certified Public Accountant


  Business Incorporation  

Advantages of Incorporating a Business

  • Owners are protected from personal liability from company debts and obligations.
  • Corporations have a reliable body of legal precedent to guide owners and managers.
  • Corporations are the best vehicle for eventual public companies.
  • Corporations can more easily raise capital through the sale of securities.
  • Corporations can easily transfer ownership through the transfer of securities.
  • Corporations can have an unlimited life.
  • Corporations can create tax benefits under certain circumstances, but note that C corporations may be subject to "double taxation" on profits. To avoid this, many business owners elect to operate their corporations under subchapter S of the Internal Revenue Code. Also known as an S corporation, this entity allows income to pass through to the individual shareholders.

Getting Started

To start the process of incorporating your business, please contact Sherina Li, CPA, Attorney of Law, at 510-909-1904.