How to change legal structure from sole proprietor to sole corporation?
2 Answers from Attorneys
This is very easy in form -- just incorporate and transfer the assets. But be sure that your CPA is involved before you do anything!
It is a simple process of forming the corporation and assigning the assets and liabilities to the corporation. Some complexity will come if you have a lease to assign or are engaged in a profession that requires certification or professional liability or errors and omission insurance, assuming consent is not difficult to obtain from the landlord it is just a little more paperwork.
Please feel free to call me, if you would like to discuss the matter further.
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