New Jersey requires foreign corporations to submit a certificate of good standing (CGS). This certification provides proof that a corporation exists and is in good standing. In addition, it establishes that the corporation has been incorporated under the laws of another jurisdiction. If you are incorporating a foreign company in New Jersey, you must submit a certificate of good standing and a certificate of incorporation.
You’ll want to make sure to fill out the entire form. There are several sections where you will need to provide information about your company. For example, you will need to list the name of your business, the address, the date of formation, the names and addresses of the directors, and the amount of capitalization required.
Be sure to check the box beside “I am submitting this electronic,” and save your work. Your completed form will automatically be sent to the Division of Corporations’ office in Trenton.
Paper forms can be mailed or faxed. To send a paper copy of your application, please call the Division of Corporations at 877-832-4343.
Table of Contents
How to complete the new New Jersey certificate of incorporation form
Fill out the new forms online at NJBusinessForms.com. They’re easier to complete and faster to process. You’ll find both paper and electronic versions of each form.
There are two different kinds of business formation in New Jersey: domestic for-profit and foreign nonprofit. Both require filing a New Jersey corporation. However, there are some differences between the two types of companies.
Paper forms are available until March 2023. If you choose to use paper forms, make sure to keep them safe.
A New Jersey certificate of incorporation (COP) is required if you want your company to operate legally in New Jersey.
Foreign corporations must file a Certificate Of Good Standing or Certificate Of Existence from the state or jurisdiction where they are incorporated. Domestic corporations must have at lease two incorporators.
The following documents are required to incorporate a New Jersey business:
1. Application for Registration – This document contains basic information about the applicant such as name, address, telephone number, etc.
Notes on Naming Restrictions
New Jersey doesn’t allow blind, Olympic, Trust or Urban Renewal in corporate names. You must use different words or phrases to distinguish your corporation from another entity already registered in New Jersey. If you are registering a foreign corporation, you must choose a name that isn’t identical to one used by an existing New Jersey corporation.
If you want to protect yourself against trademark infringement claims, make sure your name includes a “dba” designation. This stands for doing business as and indicates that you operate the business under a fictitious name.
How to Submit the Form
Forms are used to make requests for information, opinions, or assistance. They can be submitted online, via email, in person, by phone, or by fax. You can submit a form by yourself or hire someone else to do it for you. If you’re submitting a request for something like a permit, you’ll want to use one of the online options because you don’t want to waste your time filling out the same thing over and over again.
Payment must be made by check or money order, and if you’re requesting a permit through DORES, payment must be made by check. If you’re paying by credit card, you’ll receive an invoice within 24 hours. Once you’ve paid, the form will be processed and sent to the appropriate agency.
If you’re mailing in your form, use certified mail, return receipt requested. This ensures that the agency receives your request and that you receive proof of delivery.
Standard turnaround includes the filing fee and the certificate of incorporation. An expedited turnaround includes the same documents plus an additional $50. A Certified Copy of the articles of incorporation includes all the documents listed plus a Certificate of Good standing.
A standard turnaround costs ,500.00 + $300.00 for each additional shareholder. An expedited turnaround costs $2,200.00 + $450.00 for each additional person.
The cost of incorporating varies depending on how many shareholders you want to include in the corporation. In addition, there are state fees associated with incorporation. For example, New York charges $800.00 annually for corporations incorporated under its laws.most important thing about starting a business is having a good idea. But what happens next depends entirely on how well you execute your plan. If you want to start a business, here are some things you’ll need to know.
1. Choose a Business Idea – You’ve got many choices when choosing a business.
2. Understand Legal Requirements – This section explains the legal requirements to operate a business in your area. If you’re just starting, traffic laws will make a difference.
3. Get Licenses & Permits – We tell you what licenses and permits you need to start a business. You’ll typically need to apply through a government agency such as the IRS to get those.
4. Open a Business Bank Account – Having a bank account is essential when running a business. This section discusses why you need one and walks you through the step-by-step process of opening a business checking account.
5. Hire Employees – Hiring employees has many benefits, including cost savings, better customer service and increased productivity. On this topic, we talk about some of the challenges you might face if you decide to hire employees.
6. Research Products/Services – When operating a business, there are certain products and services you’ll need to research and understand before getting into it. In this section, you’ll learn about different types of businesses and what you’ll need to succeed.
Frequently Asked Questions
Does NJ require Articles of Organization
Yes, New Jersey requires articles of organization for any business entity (corporation, partnership, LLC) to exist. An article of the organization is essentially a set of rules that govern how the company operates. These rules are written in a document called the Articles of Organization. To incorporate, you need to file these documents with the state’s Department of State. You’ll have to pay a filing fee and then wait at least 30 days before you can start operating legally. Once incorporated, you’ll receive a certificate of incorporation.
New Jersey LLCs (NJLLC) are not cheap. There are many reasons for this, including the fact that they require a lot of paperwork and filing fees. However, if you want to start a New Jersey business, NJLLC is the way to go. Here we’ll look at the costs involved in setting up an LLC in New Jersey.
Filing Fees
The first thing you need to do is file for your corporation. You have two options here; either you can choose to set up a sole proprietorship, or you can opt for a partnership. If you create a sole proprietorship, you will only need to pay $200.00 in filing fees. On the other hand, if you decide to set up a partnership, you will have to pay $600.00 in filing fees, plus any additional taxes that may apply.
Taxes
If you decide to incorporate, then you will have some tax obligations. You will need to calculate your net income to determine how much money you owe. Net Income is calculated by subtracting your expenses from your gross revenue. Once you’ve determined your net income, you must multiply that by 0.0875. This is the amount that you will have to pay in taxes.
Business License
In addition to filing fees, you will also need to pay a fee for a business license. Depending on where you plan to operate, you could pay between $50.00 and $250.00.
James Rourke is a business and legal writer. He has written extensively on subjects such as contract law, company law, and intellectual property. His work has been featured in publications such as The Times, The Guardian, and Forbes. When he’s not writing, James enjoys spending time with his family and playing golf.
