Starting a business is a big step, and navigating the legal and administrative side of things can be overwhelming. Years ago, business owners and their partners would have to take time out of their day to meet downtown to fill out stacks of paperwork. They would also have to hire a notary and even make a separate trip to verify their signatures and documents before successfully opening their business.
However, with the advent of technology, it’s now possible to incorporate a business remotely, which can be an excellent option for many entrepreneurs. With fast and convenient online services, busy entrepreneurs and investors can save hours of their time and incorporate their businesses right in the comfort of their own homes.
Imagine how easy it is to now open a legal business entity sitting in your favorite spot on the couch. As the world moves to a more remote and online structure, so is the process of incorporating a business.
In this article, we’ll explore the benefits of incorporating remotely and how online notary services can help make the process a breeze.
3 Major Benefits of Incorporating Your Business Remotely
Incorporating a business in person typically involves going to a physical location, such as a government or lawyer’s office, to file the necessary paperwork and complete the incorporation process. On the other hand, incorporating remotely allows entrepreneurs to complete the process entirely online, often with the help of an online notary service.
Incorporating remotely can be a lot faster and more efficient than traditional methods, and it can save entrepreneurs valuable time and money.
1. Flexible and Convenient
First and foremost, incorporating your business remotely offers a level of flexibility and convenience that traditional methods simply can’t match. You can do it all from the comfort of your home or office, and you don’t have to worry about taking time off work or traveling to a physical location.
This is especially convenient if you have business partners or investors located across the country – or even across the world.
2. Save on Incorporation Costs
Incorporating remotely also has the potential to save you a lot of money. Not only will you avoid travel costs, but you may also be able to take advantage of lower incorporation fees in some states.
Additionally, incorporating remotely can be a lot faster and more efficient than traditional methods. Having everything done remotely means there is a greater chance that all of the necessary parties will show up on time, and there is no risk of getting stuck in traffic.
3. Increased Legal Protection
Incorporating a business has several legal advantages and benefits. By incorporating a business, entrepreneurs are able to separate their personal assets from their business assets, which can help protect their personal finances in case of a lawsuit or other legal issues. This can provide a sense of security for entrepreneurs and give them peace of mind as they focus on growing their businesses.
This can also provide tax benefits, as incorporated businesses may be eligible for different tax rates and deductions than unincorporated businesses. Incorporation also gives the business more credibility and opens up the possibility of raising capital through the sale of stock.
Maybe most importantly, it limits the personal liability of the owners, known as shareholders, to the amount of their investment in the company. In summary, incorporating a business can offer legal protection, tax benefits, credibility, and access to capital.
But how exactly do you go about incorporating remotely? This is where online notary services come in.
What are Online Notary Services?
Online notary services allow entrepreneurs to have legal documents notarized online rather than in person. This means that entrepreneurs can sign and notarize important documents, such as incorporation papers, from the comfort of their own homes or office.
Online notary services work by connecting entrepreneurs with a licensed and bonded notary public via video conferencing. Entrepreneurs will be able to show the notary their ID, sign the necessary documents, and have them notarized all in one session.
It’s simple, convenient, and secure.
Steps to Incorporating Your Business Remotely with an Online Notary
So, what does incorporating remotely with an online notary service look like? The steps will vary depending on the state in which you wish to incorporate and the online notary service you choose, but generally, it will go something like this:
- Research the requirements for incorporating in your desired state.
- Choose an online notary service and create an account.
- Upload the necessary documents, such as your incorporation papers.
- Connect with a licensed and bonded notary public via video conferencing.
- Show the notary your ID and sign the necessary documents.
- Have the documents notarized.
- Submit the notarized documents to the appropriate state agency.
It’s important to note that incorporating remotely with an online notary service may not be an option in all states. Be sure to research the laws and regulations in your desired state before proceeding.
How to Choose the Right Online Notary Service
When choosing an online notary service, it’s important to consider your business’s unique and specific needs. Some services may offer additional features such as e-signatures, document storage, or the ability to notarize multiple documents simultaneously.
It’s also essential to research the reputation and customer reviews of the service to ensure that it’s trustworthy and reliable.
Finally, entrepreneurs should check that the service is compliant with the laws and regulations in their state of incorporation.
Businesses Across the Country are Incorporating Remotely with BusinessAnywhere
Incorporating remotely has many benefits, including flexibility, convenience, cost savings, speed, and increased legal protection.
Online notary services make the process even more streamlined and efficient, and they’re a great option for entrepreneurs who want to incorporate without the hassle of traveling or taking time off work.
If you’re considering incorporating your business, consider using the online notary services from BusinessAnywhere. Affordable, compliant, and quick, entrepreneurs can verify their documents through a quick video call with a notary and proceed to incorporate their business remotely in just ten minutes.
Establish your business from anywhere with BusinessAnywhere today!
