Legal Question in Business Law in California

Re: Corporation vs. Sole propership

yes you can.

A seal is simply a imprint to show the corporation has done something. They are obtained when you get your initial Corporate documents.

JOEL SELIK

800-894-2889

www.4thelaw.com/services3.html

Re: Corporation vs. Sole propership

Any form of business, including a sole proprietorship, may convert to and become a corporation. There are some tax implications to be wary of, and it is best when incorporating an existing business to get professional help. It may be you do not have to incorporate at all.

A corporate seal is not required for any corporate act since 1987. But some banks still require a corporate seal. The seal usually comes with a new corporate minute book on incorporation.

Re: Corporation vs. Sole propership

Yes! A sole proprietor can incorporate, inasmuch as California only require that there be one board member and one officer, who must carry the responsibility of at least two officers, the president and the treasurer. Incorporation is often a very smart move on the part of a sole proprietorship. Keep repeating "sue the corporation, not me!"