Business Formation Help Guides

Certificate of Incorporation Delaware
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...
Articles of Incorporation New Hampshire
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...
Who needs to approve corporate bylaws?
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...
What legal documents are required when starting a nonprofit corporation?
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...
What is a partnership?
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...
Are voting members required?
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...
How do I form an LLC?
Once an LLC has filed its certificate of formation, it should also complete the LLC operating agreement. Although the operating agreement is not compulsory under the law, it is essential for protecting limited liability status, preventing disputes among members, and ensuring that the company follows legal formalities. Without an LLC operating agreem...
Articles of Incorporation North Carolina
To form a corporation in North Carolina, you must file articles of incorporation. The form is customizable. More information about corporate formation can be accessed through the website of the North Carolina Department of the Secretary of State, Corporations Division. The articles of incorporation must include the following information: Name of the...
Why is Nevada such a common state for incorporation?
Although Delaware is by far the most chosen state for business incorporation, Nevada has surged in popularity in recent years by introducing corporation-friendly rules. The top benefits for incorporating in Nevada are as follows: No state corporate income tax No corporate franchise tax No personal income tax No fees imposed upon corporate shares Cor...
In which state should I incorporate?
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...