Articles of Incorporation
Articles of Incorporation
ARTICLES OF INCORPORATION - BEST PRACTICE IS TO Tailor THEM to your business needs
a.k.a. CERTIFICATE OF FORMATION or ARTICLES OF ORGANIZATION
Planning Your Company’s SUCCESS
Starting with its ARTICLES OF ORGANIZATION
The importance of precise, professional Articles of Incorporation is best identified by comparing their benefits, requirements, what your business has filed, with what the best-in-industry companies file.
The Articles of Incorporation (also known as the Articles of Organization or Certificate of Formation) is among the first documents created for a startup business. You likely already filed yours. Corporations in the United States and Canada are obligated to file Articles of Incorporation to be legally recognized.
Benefits
Articles of Incorporation
Why might a business Need Customized ARTICLES OF ORGANIZATION?
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Legitimacy (Perceived Trustworthiness)
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Tax Advantages
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Raising Capital
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Government Regulatory Compliance
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Entity Immortality (perpetual existence)
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Privacy/Anonymity
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Limited Personal Liability
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Series Corporation Protections (if elected)
Requirements:
Articles of Incorporation
Most jurisdictions require the same basic components for Articles of Incorporation, though specifics vary from place to place. Requirements include:
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The Formal Business Name
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Type of Entity (C-Corporation, Limited Liability Company, Non-Profit Entity, etc.)
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Registered Agent Identity
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Registered Agent Contact Information
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Registered Agent Contact Information Duration in Time (unlimited or a limited time period)
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Number of Equity Shares or Units
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Value of Shares of Equity (units or shares in some jurisdictions)
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Corporate Owner Identity
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Entity Purpose
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Whether it is a Series Corporation
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Member versus Manager Form of Ownership Control
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The Identity of the Board of Directors (in some jurisdictions)
A company’s Articles of Incorporation are also known as its Certificate of Formation, or Articles or Organization. Its is among the simplest and first documents to file to create a business entity. Articles of Incorporation can be done without any special expertise. They can be done quickly for little money. …
Why Pay Attention?
Articles of Incorporation
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Your Customers
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Your Competitors
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Investors
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Government Auditors
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Those Who Might Sue You
Your business is obligated to abide by the representations and elections it made in its Articles of Incorporation. A well thought out professional filing adds business legitimacy. It avoids problems. Professional Articles of Incorporation increase the value of your company.
How Professional ARTICLES OF ORGANIZATION Help
The Articles of Incorporation are the first document in what is called “the Corporate Kit.” These are the essential business documents that spell out how the business must be run. Competently complete a Corporate Kit, if you do nothing else as a Corporation Executive. The “Corporate Kit,” consists of:
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The Articles of Incorporation
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The Corporate Seal
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The Operating Agreement
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The By-Laws (optional)
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Tax Identification Paperwork and Numbers
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Stock Certificates
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Corporate Meeting Minutes
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Customer Agreements
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Non-Disclosure Agreements
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Proprietary Information and Invention Assignment Agreements
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Tax issues
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Lawsuit issues
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Internal corporate disputes
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Mergers, acquisitions, sales
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Raising capital
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Obtaining licenses
Trial lawyer Matt Hamilton graduated from the University of Missouri – Columbia in 1995 with Science degrees in Logistics, Marketing, and Business Administration.
Matthew J. Hamilton Juris Doctor & Crypto Lawyer