Good Day VirtMe Technology friends! I hope everyone viewing this video is healthy and well! Today we talk about the incorporation process of VirtMe Technology.
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The purpose of these posts and videos we are making is to prepare our friends for what is developing and educate everyone on the world of Virtual Reality. So please invite your friends on social media to join us on this conversation and exploration of technology. We are living in the future right now people.
The process of incorporation involves writing up a document known as the articles of incorporation and enumerating the firm’s shareholders. In a corporation, the assets and cash flows of the business entity are kept separate from those of the owners and investors, which is called limited liability.
You will need to decide what type of ownership structure makes sense for your new business.
Most states have information on their secretary of state website about the different types of business entities you can choose from. There are also many online resources available to help you understand your choices. The decision of what type of ownership structure best suits your needs will depend on the type of business you have, the number of owners, and your financing.
Many entrepreneurs make this decision on their own, but if you have questions about liability, tax, ownership, or other things that you should discuss with a lawyer or an accountant before you decide.
We made the decision to work with RocketLawyer to incorporate VirtMe Technology. The security of knowing that all the “i’s” would be dotted and the “t’s” crossed was HIGHLY important to us and ensured a solid future all for the very affordable service price of $99 … we didn’t second guess about making the decision.
On behalf of VirtMe, thank you for listening and for your support.
Check out how we decided on the legal structure that was right for VirtMe Technology.