New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.


CA Benefit Corporation?

Asked by: Rand Strauss  — 3 October, 2012

Can you help me incorporate as a California b-corporation? (new category, this year)

Answered by: admin  — 3 October, 2012

Dear Rand,

We can certainly accomodate your needs to form a Benefit Corporation in California. You can use our regular California Corporation form, and simply specify in the Notes that “this would be a Benefit Corporation”, and we will file it accordingly. There is no difference in state fees.

California have passed laws to create two new types of corporations – Benefit Corporation that you mentioned, and also Flexible Purpose Corporation. Those are similar to L3C, however California did not pass laws for this type of entity.

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