Business Formation Help Guides

While there are many important documents needed to help form nonprofits, and the needs of a nonprofit will depend on the state and industry in which it operates, the three vital documents every nonprofit must have are the articles of incorporation, corporate bylaws, and meeting minutes. Articles of incorporation are required for the nonprofit to be...

To form a corporation in New Hampshire, you must file articles of incorporation. The form is customizable. More information about corporate formation can be accessed through the website of the New Hampshire Corporations Division. The articles of incorporation must include the following information: Name of the corporation Type of entity Corporate ma...

Although federal law does not require specific language in most organizations’ bylaws, some states require that bylaws be filed at the time of incorporation or shortly thereafter. In most states, corporate bylaws are simply approved by the board of directors at the first board meeting. The board approves subsequent amendments of the bylaws according...

To form a corporation in Delaware, you must file a document called a certificate of incorporation with the Delaware Department of State. The form is customizable. The certificate of incorporation must include the following information: Name of the corporation Type of entity Street and mailing address of the corporation A statement of corporate purpo...

A corporation is considered to have separate “legal personality” from the people that own it—the shareholders. This means that a corporation has the ability to enter into and enforce contracts. Additionally, a corporation can also accrue debt and own assets. As a separate legal entity, if any creditors attempt to enforce a debt against a corporation...

To form a corporation in Alabama, you must file a document called a certificate of formation with the Alabama Secretary of State. The form is customizable. The certificate of formation must include the following information: Name of the corporation Type of entity Street and mailing address of the registered agent (the corporation does not need to pr...

In short, no. The main function of voting members is to elect the board of directors. In fact, most companies choose not to use voting members at all, instead opting to only use a board of directors, which is elected at the first corporate meeting. These boards are self-perpetuating in that they elect their own replacement members and additional mem...

To form a corporation in Connecticut, you must file a document called a certificate of incorporation with the Connecticut Secretary of State. The form is customizable. The certificate of incorporation must include the following information: Name of the corporation Type of entity Corporate mailing and street address The number of shares*, class, righ...

A general partnership is created when two or more people decide to carry on a business together. A partnership usually operates in accordance with a partnership agreement. A general partnership agreement is a legal document defining how the business will operate. The agreement helps partners delineate how they will make decisions and what role each...

When deciding in which state to incorporate, it is necessary to consider many different factors. The ultimate choice will depend on the particulars of your business’s situation and needs. First, you will need to become familiar with the relevant business laws in the state where your business is physically located. Incorporating in your home state ma...