How to form an INC Company


3

I would like to know how inc companies are formed. Is it only beyond some threshold revenue or asset barrier that companies can be incorporated as incs. I have seen most of the US major companies: Google, Oracle etc are incs.

Edited

If the formation is straight forward is it possible to form the company any where in the world and incorporate it?

Incorporation Finance Business

asked Apr 28 '11 at 18:24
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Pathum Mudannayake
178 points
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2 Answers


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Anyone can form a Corporation. When you do so, you get to either be a corporation or incorporated (They are both the same).

The only thing you have to do is file the incorporation paperwork in the state you want to do business in. Most people incorporate in Delaware since the laws are business friendly.

I'm not sure about forming companies around the world. My only experience is in the US.

If you are from another country and want to form a company in the US, then that's straightforward enough. You will have to fill out some additional paperwork and I'm not sure if your specific country has rules relating to company ownership outside your home country.

answered Apr 28 '11 at 22:12
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Jarie Bolander
11,421 points
  • Hi Jarie, thanks. I edited my question; could you try and answer that too? as I am from another country. – Pathum Mudannayake 8 years ago

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I will answer from the perspective of foreign companies and entrepreneurs starting up a business in the U.S. (I have helped ~30 clients through this process).

Like many other business processes, forming a corporation is straightforward if you know what you are doing. You might find the following posts helpful:

Disclaimer: This information does not constitute legal advice and does not establish an attorney-client relationship.
answered Apr 29 '11 at 04:48
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Dana Shultz
6,015 points
  • Hi Dana, thanks for your informative answer. If you can, do direct me to a resource which explains about the costs it involves in incorporating (forming a corporation) a company in the US. – Pathum Mudannayake 8 years ago

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