Usually, each director or his proxy must sign the articles of incorporation.4. Pay the appropriate fees. Each state charges its own fee to accept corporate documents, and many have specific tax laws for corporations besides.
Instructions
1. Obtain a real honour. Your corporate designation cannot be the alike as the cognomen of other existing corporations, and some states will not allow you to select a name that is even similar to an existing name. Most states require you to include some form of the word "corporation" in your corporate name, and you cannot usually associate your company with the government or certain types of businesses unless you actually operate that type of company. For instance, you generally cannot use the word "bank" in your name unless your company actually is a federally chartered banking institution.
2. Appoint directors. Corporate directors are individuals who handle the major decisions for a corporation, such as the issuance of stock or the acquisition of another company. The necessary number of directors per company may vary by state.
3. File articles of incorporation in the state where you want to set up the corporation. Also known as a corporate charter, the articles of incorporation can be fairly simple for single-director companies. For larger companies, corporate charters can be extensive.A association is a type of event crowd. One of the leading purposes of the constitution of a firm is to protect individuals from personal liability for the actions of a corporation. A association exists as a seperate legal intent from its owners, and is human race to particular formation and taxation laws that vary from administration to government. Nevertheless, the typical steps in forming a collection are comparable no incident where you choose to place your company.
For instance, as of 2011, in California it costs $100 to file articles of incorporation, $15 for the special handling required if you drop off your incorporation papers in person, and a minimum corporate tax of $800 per year, regardless of whether or not you make a profit.
5. File any additional state-required paperwork. After you file your articles of incorporation and pay your fee, you are generally considered To possess started a corporation. Some states require additional paperwork after you file your corporate charter. California, For instance, requires a statement of information within 90 days of filing articles of incorporation, and annually thereafter.
