The process of incorporating a business is called “filing articles of incorporation.” This is done in one of three different states, depending on where you want your business incorporated. If you’re looking to incorporate in Delaware, New York, or Wyoming, you’ll file articles of incorporation in those states.
There are two main ways to do this: filing articles of incorporation or forming a limited liability company (LLC). An LLC is similar to a sole proprietorship, except it allows members to form a separate legal identity. In most cases, an LLC must be registered with the state in which it is formed. You cannot operate an LLC unless you register it.
You can choose to incorporate either a single member or multiple members. For example, if you’re planning to start a family business, you might consider having your spouse join you in the formation of the company. However, there are many reasons why you might want to incorporate a single member. One reason could be tax purposes. Another reason could be that you don’t plan to hire employees.
If you decide to incorporate a single member, you’ll have to select a name for your company. Many people use the same name as their individual names, but you can use any name you like. When choosing a name, make sure it isn’t already taken. Also, avoid common words such as “the,” “and,” “a,” and “an.”
Once you’ve chosen a name, you’ll need to fill out the rest of the paperwork needed to incorporate it. You’ll need to pay a fee to the Secretary of State’s office, and you’ll need to provide information about yourself and your business.
After you complete the paperwork, you’ll receive a certificate of incorporation. This document certifies that you’ve incorporated your business. You’ll need to keep this document safe and secure.
Wyoming Articles of Incorporation: What are they?
A business must provide certain information when filing Articles of Incorporatedowning a corporation. These include the company’s name, the number of authorized shares, the initial registered agent, and the address where you want to receive notices.
The state of Wyoming requires that companies file articles of incorporation through Wyo.gov. You’ll find instructions here.
Article Requirements
The Uniform Commercial Code requires certain information to be included inthe articles of incorporation. The most important requirement is the name of the corporation. This is required to be written in all capital letters and followed by the word “Corporation.”
A registered agent is required for the state where the corporatio is formed. If you do not have a resident agent, you must appoint someone else to act on your behalf. The person appointed to serve as a registered agent is called the “registered agent.”If the incorporators are residents of Wyoming, the principal place of business must be located in Wyoming. In addition, the incorporators must include their names, addresses, occupations, and relationship to the corporation.
Incorporating a corporation in Wyoming does not exempt it from paying taxes; however, it does make it easier for the IRS to collect taxes.
Filing Articles of Incorporation
Wyoming charges a $100 filing charge for articles of incorporation. If you are incorporating a corporation in another state, there is no additional cost to incorporate in Wyoming. You can use our online form to fill out the documents required.
If you want to do it yourself, you must complete a WYO Form 990A, Application for Tax Exemption, and pay taxes on the money earned during the tax period. A professional accountant can help you prepare the forms and answer questions about how much to deduct from income.
Step 1: Check to see whether your Wyoming articles of incorporation need to be modified.
The Wyoming Secretary of State’s Office offers a free online tool to help determine whether your business needs to file a new Certificate of Good Standing. If you are incorporated in Wyoming, you must file a new certificate every three years. You can find out what information is needed by completing our form.
Step 2: Review the conditions for your Wyoming amendment.
When you amend existing articles of incorporation, you must submit supporting documentation. This includes copies of the original Articles of Incorporation, amendments to those Articles, and any related agreements.
You cannot simply amend the Articles of Incorporations; you must also file a Certificate of Amendment with the Secretary of State. In addition, you must notify the Secretary of State about the amendment within 10 days of filing it.
The following are some examples of what you might include in your supporting documentation:
• A copy of the amended Articles of Incorporation filed with the Secretary of State
• Copies of any prior amendments to the Articles of Incorporation
• Any related agreements
• A statement describing how the amendment relates to the original Articles of Incorporation
Article 10 of the Delaware General Corp Law states that amendments should be filed in writing with the Secretary of State. This is typically done via email.
To amend an article of incorporation requires shareholder approval. Shareholders must approve the amendment by written consent. If you want to make changes to your articles of incorporation, you must file a notice of proposed amendment with the corporation. You must send this notice to each shareholder at least 20 days prior to submitting it to the Secretary of State.
If you want to change the name of the corporation, you must submit the petition to the Secretary of State within 30 days of filing your articles of incorporation.
You can find out how many shares outstanding there are in your corporation by looking up your certificate of incorporation online.
The first step to amending your articles of incorporation is to gather the necessary information. Your articles of incorporation will tell you what type of organization you are. For example, if you are incorporated as a general partnership, you cannot incorporate under the Limited Liability Company Act.
In addition, you will need to know the following information about your corporation:
• Name
Step 4: Learn how to modify your Wyoming corporation in different ways.
If you are looking to incorporate a business in Wyoming, there are four steps you must take to do it correctly. These include filing a certificate of incorporation, appointing a registered agent, registering a trading name, and filling out an application for a permit to transact business. In this article, we explain step number four.
Frequently Asked Questions
How much do you charge to draw up my articles of incorporation?
The cost for our standard Corporation Formation package starts at $400. This includes:
Draft Articles of Incorporation & Sign as Your Incorporator
File Your Formation Paperwork With the Secretary Of State
Act As Your Wyoming Registered Agent For One Year
Can you re-state the initial articles instead of filing an amendment?
The state of Wyoming offers no template documents for companies to use when preparing to incorporate. Instead, it provides a list of questions about the company. But one question stands out among all others: “Do you wish to amend the Articles of Incorporation?” If the answer is yes, then the company must file a written statement stating why the corporation needs to make such changes. This is called a restatement. A restated article of incorporation doesn’t change anything except the date of the original incorporation. However, it does allow the company to add additional information, such as officers, directors, shareholders, addresses, etc.
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.
