A Georgia corporation is relatively easy to form and not very expensive. Responsibilities are actually nothing more than the legal requirements needed to form the corporation, pay taxes and file an annual fee that keeps the corporation active. The Georgia Secretary of State is responsible for incorporating companies and requires at least one owner or officer and a registered agent.
Articles of agreement are the founding documents for an entity or organization. They articulate the powers and limitations of an entity's members and explain the founders' mission and goals. Articles of agreement serve the same purpose as articles of incorporation, but the latter term is normally used for business and corporations, while the former is used for nonprofit organizations. Articles of agreement are drafted by founding members to help guide future proceedings.
North Carolina law requires that anyone wishing to incorporate his business file articles of incorporation. A person wishing to incorporate his business is called an "incorporator." A business's articles of incorporation provide essential information about the corporation and outline its basic structure . The North Carolina Business Corporation Act sets forth the requirements for articles of incorporation; you must file the completed articles of incorporation with the state.
In order to form a corporation in Michigan, you must file articles of incorporation, which include information such as the name and purpose of the corporation, the total shares issued, resident agent and office information, and the names and addresses of the incorporators. By utilizing Michigan's Department of Energy, Labor and Economic Growth's website, you can quickly review and print a company's articles of incorporation. While uncertified copies are free, the state of Michigan charges for certified copies.
When starting up a business, there are several legal processes that must be executed. This is particularly true with regard to corporations, where shareholders must sign articles of incorporation.
All common interest groups or condominiums or associations are subject to the Minnesota real estate incorporation statutes. According to the All Business website, incorporating your business not only protects your assets but also safeguards you from incurring personal liability. Your condominium association has taken into consideration the Minnesota rules on articles of incorporation for townhomes.
Nonprofit businesses use their profits to advance the program or cause of the nonprofit organization, according to the Society for Nonprofit Organizations (SNPO). There are five general types of nonprofit businesses, including trade or career associations; charitable organizations; social clubs, such as country clubs; government groups that may include city, county, state and federal agencies; and political groups created to support candidates, policies or issues. Although the kinds of nonprofit businesses vary, the steps to register and incorporate the organizations are the same.
Starting a not-for-profit organization can be a fulfilling yet stressful experience. While nonprofit entrepreneurs often do not have the financial startup burdens of for-profit business owners, there are considerable legal and organization concerns that should be addressed before fundraising endeavors begin. A background in nonprofit management can be immensely helpful in structuring a not-for-profit organization, but is not vital to success. Following state rules for nonprofit incorporation and maintaining organization can go a long way for any novice or expert in nonprofit creation.
The state of Oregon recognizes three types of non-profit organizations: corporations, trusts and associations. Non-profit trusts are often set up when a family or individual wants to donate money for a non-profit purpose, but still have some control over how the funds are administered. Non-profit associations are formed for some purpose other than doing business, such as a local garden club or a support group. Associations are exempt from filing with the Oregon secretary of state’s office as long as business is not being conducted.
Before getting into the details of founding your nonprofit organization, you should decide whether or not a nonprofit organization is truly the best means of achieving the goals you wish to accomplish. Formally founding a nonprofit organization is a commitment and requires a great deal of time and energy. Once you have made your decision, you must select a name for your nonprofit organization. From there, the state of Arkansas has additional requirements.
Members of a non-profit business benefit from incorporation because it removes personal liability for the debts and legal affairs of the business. Incorporation creates a separate entity that has its own privileges and liabilities. WI.gov is the website for the State of Wisconsin. Non-profit businesses must register with the Department of Financial Institutions in order to incorporate their businesses.
A copy of the articles of incorporation filed during the formation of your business may be obtained through the Minnesota Secretary of State's office. You may request certified and non-certified copies for your records. Certified copies may be required when applying for a business loan, grant or other investment funding. You may order as many copies as you need for your business. You may also order copies of amendment filings, good standing certificates and name change certificates.
To legally operate a business in the state of Nevada you must apply for a state business license. Business licenses are valid for one year from date of issue and must be renewed each year. License applications or renewal applications may be filed online, or you can download an application form to send to the secretary of state's office. Independent contractors, entertainers, freelance artists and commissioned salespeople must also apply for business licenses if earning money for their services in Nevada.
To become a for-profit corporation in the state of Florida, you must submit a certificate of conversion and articles of incorporation. Unlike nonprofit corporations that must reinvest all earnings back into the business, for-profit corporations can earn an unlimited amount of income. Depending on your business needs and goals, changing business entity status may be necessary to grow and expand into new areas. For-profit corporations are eligible to apply for bank loans and accept monies from venture capitalists.
Starting a non-profit organization in the State of Missouri begins with a visit to the Missouri Secretary of State's website to get information, download and print forms and find out the incorporation fee. The fee should be made payable to the Director of Revenue and mailed, along with the completed and signed Articles of Incorporation for a Nonprofit Corporation to the address given on the website. There are services that charge a fee to incorporate your non-profit organization. However, given the relative ease of filling out the free form provided by the Secretary of State and Missouri's streamlined process for…
California law provides for the creation of nonprofit corporations for various purposes. The law generally divides nonprofits into three types: Religious, public benefit, and mutual benefit corporations. This allows people to build a church, create a charitable organization or form any type of group whose primary purpose is anything other than profit. Articles of incorporation for all types of nonprofit must be filed with the California Secretary of State's Office.
In the United States, corporations are created according to state law. In other words, a particular corporation is established and maintained pursuant to the laws of one particular state. In most states, the secretary of state is responsible for overseeing the creation of corporations. Additionally, this governmental official is responsible for managing the filing and maintenance of annual reports prepared by a corporation. You may need basic information about a corporation, including certified copies of articles of incorporation. If that is the case, there are certain procedures for you to follow to obtain this information.
Despite some minor variations from state to state, the laws governing what is included in articles of incorporation are essentially the same across the country. Indeed, the provisions that must be included in articles of incorporation are the same in each state in the U.S. today. The failure to comply with these basic requirements results in the articles of incorporation being rejected for filing.
By-laws establish the manner in which a corporation shall be governed. Articles of incorporation are the original documents that are filed with a state's secretary of state's office that establishes the organization as a legally-recognized entity.
Articles of incorporation are filed with a state government. Once a group has filed its articles of incorporation, it becomes a legal entity. Incorporating has several benefits. Among them are limiting personal liability for the leadership and staff from lawsuits against the nonprofit's operations. Incorporation also allows nonprofit groups to apply to the Internal Revenue Service for tax exemption. In some states, articles of incorporation are called a "certificate of incorporation."
In California, the Secretary of State is responsible for chartering corporations and maintaining business filings. The Nonprofit Corporation Law (Section 5000 to 10,008) of the California Corporations Code governs the formation of nonprofit corporations. The Nonprofit Mutual Benefit Corporation Law (Sections 7110 to 8910) of the Corporations Code is specifically about this corporate type. According to the Secretary of State's Office, a mutual benefit corporation is "a nonprofit, nonstock" corporation formed for "other than religious, charitable, civic league or social welfare purposes." The corporation may be for educational, social, recreational or some similar purpose.
The minimum requirements for Articles of Incorporation for stock corporations in California are outlined in the California Corporations Code (CCC) sections 200 to 202. A form is available with instructions through the Secretary of State's webpage (see "Resources" below). Alternatively, you can use the minimum content guidelines to draft your own document. By law, the Articles of Incorporation must have at least the four articles described below.
When you start a business or company in the United States, one of the first steps you need to take is to file an Article of Incorporation with the Secretary of State's office, or other such state agency that handles business registration in your state. The Article of Incorporation is a single document that identifies the fundamental nature and operations of your business or corporation. Your corporation is not a registered business entity in your state until the article of incorporation has been filed and approved.
Every corporation must follow specific regulations to be recognized as a legal entity. While the specifics vary according to the type of corporation (for example, profit or nonprofit) or the specific state in which the corporation is located, one of the basic requirements for a corporation is to file articles of incorporation. Articles of incorporation spell out the purpose and basic structure of the corporation, including names of officers, types and amounts of stock to be issued, if any and whether the corporation is intended to be for profit or not for profit.
Amending a business's articles of incorporation involves checking a state's statute to determine what is required, but make sure the amendments comply with company bylaws. Change business articles of incorporation by contacting the state office with tips from a lawyer in this free video on business law.
Writing articles of incorporation for a business can be done with the secretary of state's office alone or with the help of an attorney. Be sure the articles of incorporation reflect the business's intentions with insight from a lawyer in this free video on business law.
One way to structure an organization is as a non-profit organization. Non-profits are regulated by the Internal Revenue Service to serve the public good by providing services that fulfill one or more of the allowable non-profit purposes. The process of becoming a non-profit organization takes planning and patience.