5 Things We Like About Benefit Corporations

Entrepreneurs, take note! There’s big news on the B Corporation front – this August, Delaware became the 19th state to enact benefit corporation legislation, a move that signals the new business entity’s staying power.

While it’s true that 18 other states and D.C. are already on board the B Corp train, Delaware has an especially longstanding, notable reputation as a corporate haven, and as an important and influential player in the business community.  In other words, people in business pay extra attention to Delaware, and when Delaware passed benefit corporation legislation, it was a very big deal. The state’s legal recognition of benefit corporations will spark more momentum for a movement that aims to sink legal teeth into the notion that companies should mold their missions to benefit society as a whole, instead of primarily focusing on maximizing profits for shareholders.

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50 States of Incorporation: Arizona

Nicknamed The Grand Canyon State and infamous for its deserts and national parks, our state of the week in our 50 States of Incorporation series is Arizona. The 48th state to be admitted into the Union with Phoenix as the state capital, Arizona is also the 15th most populous of the 50 states. Companies including US Airways, PetSmart, and Cold Stone Creamery call Arizona home for their headquarters, but as revealed on CNNMoney Arizona also ranks as the most entrepreneurial state in the country, with tech, software, retail and tourism start-ups sprouting up all over the state.

With so many companies staking ground there, what’s the allure of starting a business in Arizona?  While forming an incorporation isn’t without its requirements, with the most distinctive one being that all Arizona LLC’s must have a registered agent service, some of the benefits of creating an LLC in Arizona include the following:
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Starting a Business in 2013 Infographic

Ready to start up your business in 2013? We here at MyCorporation have worked on pulling together a six step guide on how to successfully start up a business. From choosing your company name to selecting your state of incorporation and picking your entity type, we cover all of the basics, ensuring that the start-up process itself is simplified for all entrepreneurs.

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6 Benefits of Foreign Non-Residents Filing Corporations or LLCs in the United States

It’s a question that’s much more commonly asked than you think – are there any benefits to non-U.S. residents filing corporations or LLCs in the United States or is the process so complicated that it’s best to avoid doing it? The answer is the procedure is fairly similar to what residents of the United States experience filing and that yes, there are a series of great benefits that come in doing so.
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