Missouri Incorporation: Incorporate in Missouri
Missouri is a center for businesses large and small and houses many industries like transportation, food processing as well as chemicals. If you are interested in setting up Missouri incorporation, you can choose between incorporating and forming an LLC with the help of the Missouri Secretary of State. You can also arrange your business as "Doing Business As" (DBA) and get Employer Identification Number applications.
Incorporation in Missouri
An incorporation in Missouri ensures that the business owners' personal assets are separated from their business debts and liabilities so there is no danger to their personal assets. After incorporation, you need not worry about losing your house, car or any other personal assets because of business obligations. Some of the reasons for incorporation in Missouri are:
- It offers protection from personal liability for any kind of business debts
- The corporation will continue to exist even if the owner decides to leave the company or due to death of the owner
- There is no limit on the number of C Corporation shareholders in Missouri and they need not be U.S. citizens or permanent residents
- The state of Missouri takes about 2-3 weeks for the completion of filing