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CorpNet Frequently Asked Questions
What is the guarantee policy?
The CorpNet® Guarantee is limited to its service fees and does not include refunds for state and/ or government fees paid to any state/governmental agencies and/or to any third parties for your filing and is subject to the limitations on liability and other restrictions contained within their Sitewide Terms of Use & Disclaimer, including a requirement that any refund requests must be made within 60 days of the service purchase date.
How much will it cost to start my new business?
Formation fees will vary by state, however, if you'd like CorpNet to provide assistance, they do offer an easy-to-use price list so you can see the exact price for each service CorpNet offers.
When is the best time to incorporate or form an LLC?
In most cases, it's best to incorporate or file an LLC as soon as possible. After all, the main benefit is liability protection and by waiting to incorporate, you can be exposing yourself to liability.
Keep in mind that your corporation's start date is not retroactive. This typically means filing two business income tax returns for the year. For example, if your corporation was formed on June 1, you'll need to file as a sole proprietor (or whatever your previous entity may have been) from Jan. 1- May 31 and then file as a corporation from June 1-Dec. 31.
Can I change my business' entity type?
A conversion is when a company decides to convert their entity from one entity type to another entity type. In those states where a business conversion is not recognized, one would need to dissolve their current entity and form their company as a new entity.
CorpNet™ is here to assist you every step of the way and can easily file your conversion documents on your behalf for a minimal service fee.