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How much does it costs to have a non profit arm set up to a…

How much does it costs...
How much does it costs to have a non profit arm set up to a small business? What is the rrasoning for a non-profit arm?
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Answered in 10 minutes by:
12/25/2013
Loren
Loren, Attorney
Category: Business Law
Satisfied Customers: 36,338
Experience: 30 years experience representing clients .
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Thank you for using JustAnswer. I am Loren, a licensed attorney, and I will do whatever I can to answer your question and provide you excellent service.

The filing fees themselves are nominal. Maybe a few hundred dollars or less. The attorney fees are whatever is negotiated between the client and attorney. In other words, there is no set fee. It can range from a few hundred to a few thousand dollars, depending on the attorney and the time involved.

The reason for anyone setting up a non profit is, typically, to shield the money being used for non profit from income taxation or to allow certain deductions in the reporting of income.

I hope this is helpful.

Thank you.

Loren
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Customer reply replied 4 years ago

Thank you Loren. need to setup one but don't have thousand of dollars.


 

Thank you for following up with me.

That is the absolute high end. You can find someone to do it for much less. If you need help finding local counsel, try Martindale Hubble. Many attorneys themselves use this site to locate attorneys outside their jurisdiction or expertise:
http://www.martindale.com/Find-Lawyers-and-Law-Firms.aspx

It is a huge worldwide database searchable by location and specialty.

I hope this provides clarification.

Thank you.

Loren
Loren
Loren, Attorney
Category: Business Law
Satisfied Customers: 36,338
Experience: 30 years experience representing clients .
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Loren
Loren
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Satisfied Customers: 36,338
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