how to account for incorporation costs
What Are the General Costs of Incorporating? There are typically four types of fees to incorporating: a fee to file the articles of incorporation with the Secretary of State; a first year franchise tax prepayment; fees for various governmental filings; and attorney fees.he corporation itself pays taxes, at the corporate rate, on any profits of the corporation. However, incorporation can be a complicated and costly process, and it is important a business owner understands the general costs of incorporating before beginning the incorporation process.