Friday, June 19, 2015

Completing And Filing The Articles Of Incorporation Forms

By Freida Michael


If you are planning to start a company, then you must have the articles of incorporation in mind. It is derived from the limited liability company (LLC) act that set the base for the existence of limited liability companies. It is normally filed as a single document and presented to the Office of the Secretary of State. This is the same office responsible for business registration. Once you have correctly filed the articles of incorporation forms and they are approved by the state, your organization becomes a legally created limited liability company.

The articles of incorporation are the documents in which the basic information that identify the company and details its operation characteristics. Once it is fully completed, filed and get approval from the relevant state authority, it articles as the legal foundation that creates your company and gives it authority to conduct business as prescribed in it.

In the forms, some information must be present. For instance, the LLC name and the address of its principal business place must be present. The other information includes the nature of the business to be conducted by the LLC, the name or names and addresses of its agents who can accept legal documents such as lawsuits on its behalf. Lastly, there must be the names of the managers and the directors and their addresses.

The other basic information includes the details of its directors and other relevant officers like the managers and members. In most cases, the people who initiate the formation of the company known as the initiators or promoters are the once who sign the forms. These officers may or may not be the first directors.

The last aspect regards the shareholding structure. Under this, the information such as the authorized stock for the issue, the classes of stock (designation of stock classes) and the stock value are detailed. In addition to this, the shareholders and their shares are also included.

As long as it contains the minimum information required, then it will be accepted for filing. From the website of your Secretary of State, you can download and print the articles forms, complete them and forward them for filing.

Once you are done and signed the forms, they are now ready for filing. You will be required to pay the filing fee at the office of the Secretary of States that handles the incorporation of companies. The amount varies widely from one state to the other.

It can be very exciting to form a new company, however, this excitement can be short-lived if you don't take the necessary steps and comply with all the requirements. In order to ensure that your path of success is smooth, it is good to seek the services of an experienced business attorney to help you through this path.




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