Company Formation

You want to start your own business but don't know where and how to start? ForMyAccounting provides a wide range of services to assist start-up businesses. From developing business plans and business entity selection to providing tax advice, our full-service approach will ensure your business is off to a flying start and you will be able to focus your energy on new business development. Choosing the form of entity for business (e.g. "S" corporation, sole proprietor, Limited Liability Company, etc) is a critical decision that can have longstanding tax implications . Our firm provides practical and comprehensive support in the critical tax practice area of structuring and operating a business. We advise on issues relating to business pass-through entities - S Corporations, Limited Liability Companies, and Partnerships, and provide support for deciding which entity best suits a particular business situation.

We help you avoid the common pitfalls that many business owners face when starting their new venture.

We help you with

• Selecting a business structure that best fits your needs by evaluating tax advantages, legal exposure, residency requirements and ease of operation
• File papers on your behalf to incorporate your business
• Provide EIN Services, get required documents (such as Certificate of Good Standing, Foreign Authority, Certified Copy of Articles, International Apostille etc.) to do business from various governing bodies
• Setting up accounts and bookkeeping for you
• Prepare a cash flow budget
• Establish billing and collection procedures to maximize your cash flow
• Establish procedures to monitor and control costs
• Prepare and file all required state and local licenses and permits
• Identify your business insurance needs

Our clients include local start ups as well as foreign businesses entering the US market. We also help companies to convert from S corporations to C corporations, dissolutions, etc.