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  1. #1
    Join Date
    May 2009
    Posts
    1

    Default Bylaws for Single Owners

    My question involves business law in the state of: California.

    Anybody know where I can find some generic examples of corporate bylaws written for a SINGLE OWNER corporation? In my corporation I am the only employee, the only officer, the only director and the only shareholder. And I intend to keep it that way.

    All the many books and online examples for bylaws I've found are assuming 5 directors and half a dozen presidents, VPs, CEOs, CFOs, Secretaries and so on - they go exhaustively into how each of those is picked, elected, compensated and terminated.

    Since I am the one and only chief cook and bottle washer, most of these procedures are moot points. So how does one write bylaws that reflect the single owner option?

    I'm not going to switch back to sole proprieter. There are very good taxation benefits for me to incorporate, given my line of business....

  2. #2
    Join Date
    Sep 2005
    Location
    California
    Posts
    65,650

    Default Re: Bylaws for Single Owners

    Corporations have officers. The issue is less about finding a special form, and more about your assuming the various officer roles yourself. (Not that you would be both President and Vice President.)

  3. #3
    Join Date
    Jul 2007
    Location
    Florida
    Posts
    1,340

    Default Re: Bylaws for Single Owners

    There are no greater tax benefits available to you as a corporation than if you were an LLC. And, the LLC has the advantage of being much easier to administer. You don't have to have bylaws, for example, just articles of organization which can be quite simple. And, the LLC provides complete flexibility when it comes to taxes, offering the opportunity to be taxed either as a sole proprietor or as a corporation according to your choice in the matter.

    You might consider getting some professional advice on this before proceeding. Copying forms out of a book might not get you where you really want to go.

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