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What you'll never read on websites that offer incorporation services.
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Guide to Maine Corporation and Partnership Law
Understand Maine corporation and partnership law before forming a Maine corporation
Maine partnership law serves business owners by providing tax incentives and tax rebates for business expenditures and start up costs. Maine corporation law also protects the employer/employee relationship by helping business owners meet state labor standards.
Maine partnership law meets the needs of small businesses wanting to form partnerships between business owners. Laws protecting the rights of individual partners within a business or firm help a Maine corporation or Maine LLC. Maine LLC law and Maine corporation laws will:
1. Provide tax benefits for both small and large businesses by adhering to Maine corporate law.
2. Offer legal protections only available to corporations and LLCs.
3. Protect your investment through appropriate state licensing and compliance with Maine corporation law.
4. Establish your firm or business as a serious competitor in your field.
Action Steps
The best contacts and resources to help you get it done
Use a professional web based corporation company to incorporate in Maine
Corporation companies specialize in handling the documents you need to set up a Maine LLC. Maine LLCs get up and running faster by using companies designed to help business owners understand Maine corporation laws and partnership law. These filing companies do not provide legal services or consultations of any kind, so make sure you understand your articles of incorporation before submitting the appropriate paperwork.
I recommend:
Activefilings.com and Legalzoom.com are both online incorporation services with competitive prices for filing corporation documents in Maine.
Visit the Secretary of State for help with a state of Maine incorporation
Maine, like other states, doesn't require legal representation to set up an LLC. The Maine Secretary of State's office provides documents and fee schedules for business incorporation. Maine business owners need only to file the appropriate paperwork for their type of corporation and pay the corresponding fees.
I recommend:
Visit the website for the Maine Secretary of State for information on how to incorporate in Maine. Check out Mycorporation.com for additional information about Maine corporation and partnership law.
Hire an attorney specializing in setting up a Maine LLC or a Maine incorporation
This is the most expensive way to go when thinking about incorporation, but the advantages of having a professional do the work for you far outweigh the cost. An experienced corporate law attorney helps you understand the language of your incorporation.
I recommend:
Drummond Woodsum and Verrill Dana LLP, both of Portland, are experts in the area of state of Maine corporate registration and formation.
Tips & Tactics
Helpful advice for making the most of this Guide- Do a Maine corporation search to determine what type and corporation name is right for you. Talk to your advisor or attorney about the different type of corporations available, their functions and which one best suits your business needs.
