- First, start out and decide which state is best in which to incorporate.
- Second, conduct a name search with the secretary of state (the state you're going to incorporate).
- Third, complete the articles of incorporation
- Fourth, file the articles of incorporation with the designated state agency.
- Next, pay filing fee.
- Last of all, wait for the articles to be approved by the state.
- First, complete the IRS Form SS-4
- Next, obtain Tax ID # (call or go online)
- Last, just obtain seperate Tax ID #'s for each corporation.
3 STEP: By-Laws and Organizational Meetings
- First, make a list of who the directors and officers are.
- Second, get together and choose a corporate fiscal year end
- Next, issue shares of corporate stock
- Last, decide and approve appropriate corporate resolutions
- First, purchase corporate assets or change the title of existing assets conveyed to the corporation.
- Next, promissory notes may be used to reimburse officers for set-up expenses.
- Last, personal property-attach to the minutes of organizational meeting, attach to a seperate corporate resolution.
5 STEP: Last Factors to Consider
- Open a bank account in the name of the corporation.
- Obtain a local business license.
- Obtain a corporate seal and blank stock certificates.
- Issue stock certificates to the shareholders
-Bianca Alice
Note: I am not an attorney and I cannot give legal advice. This is what i have done for myself in setting up my corporation and taxes. Feel free to contact an attorney and see if this works for you.
