‘Requirements’ Archive
What should I do if I miss filing my annual statement?
Usually the state provides a grace period which may be several months up to a year or so to get your annual statement filed. If you miss the deadline, call the Corporate Filing Office (usually the secretary of state’s office) and ask them how to get reinstated. Usually, it’s just a matter of filling out » Continue…
What is the annual statement or annual report?
The main, and sometimes only, requirement to keep your corporation active or in “good standing” with the state where it is formed, is to make sure the annual statement is filed on a timely basis. The annual statement is a form that you fill out listing the names of the officers and directors of the » Continue…
Are stock certificates necessary and where do you get them?
Stock certificates represent the number of shares owned by an individual. Issuing stock certificates is traditional in corporations but a person can own shares of stock without a certificate. The corporation’s directors are empowered to authorize the issuance of shares. This is typically done in a corporate resolution stating that a certain number of shares » Continue…
Can I incorporate without using a lawyer?
Yes. Using an attorney is not required when filing a corporation or LLC. However, you do need to know your state filing requirements and how to prepare bylaws, minutes, stock certificates, etc., so that your corporation will be properly organized. If you don’t do it right, you could lose the important liability protection that a » Continue…
