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INPCAMSAMPLE ANNUAL MINUTESINDIANA PROFESSIONAL CORPORATIONModify to suit your needs. MINUTES OF ANNUAL ACTIONS TAKEN BY THE UNANIMOUS WRITTEN CONSENT OF THE SHAREHOLDERS AND BOARD OF DIRECTORS OF
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How to fill out indiana professional corporation

01
Obtain the necessary forms: Start by obtaining the Articles of Incorporation form specific to Indiana professional corporations. This form can be obtained from the Indiana Secretary of State's website or by visiting their office.
02
Complete the Articles of Incorporation: Fill out the form with the required information. This typically includes the name of the corporation, the purpose of the corporation, the registered agent's information, and the names and addresses of the initial directors.
03
File the Articles of Incorporation: Once the form is completed, file it with the Indiana Secretary of State along with the required filing fee. The fee amount may vary and can be found on the Secretary of State's website.
04
Obtain the necessary licenses and permits: Depending on the nature of the professional services being offered, certain licenses and permits may be required. Research and obtain any necessary licenses or permits from the relevant licensing boards or agencies.
05
Create corporate bylaws: Draft and adopt corporate bylaws that outline the internal governance and operating procedures of the corporation. These bylaws should cover areas such as shareholder and director meetings, voting procedures, and officer roles and responsibilities.
06
Obtain an Employer Identification Number (EIN): If the corporation will have employees or be required to file certain tax returns, obtain an EIN from the Internal Revenue Service (IRS). This can be done online through the IRS website.
07
Register for state and local taxes: Depending on the nature of the business, it may be necessary to register for various state and local taxes. This could include sales tax, income tax, or employer withholding tax. Consult with a tax professional or the appropriate tax authorities for guidance.
08
Comply with ongoing filing requirements: Indiana professional corporations are required to file annual reports with the Secretary of State's office. Ensure that these reports are filed on time and any applicable fees are paid.
09
Maintain proper corporate records: Keep thorough and accurate records of all corporate activities, including meeting minutes, shareholder agreements, financial statements, and other important documents.
10
Consider seeking legal and professional advice: Forming and operating a professional corporation can be complex. It is advisable to seek legal and professional advice to ensure compliance with all applicable laws and regulations.

Who needs indiana professional corporation?

01
Indiana professional corporations are typically needed by individuals or groups of professionals who want to provide their services in a business entity format. This includes professionals such as doctors, lawyers, accountants, architects, engineers, and other licensed professionals.
02
Forming a professional corporation offers certain advantages, such as limited liability for the professionals involved and potential tax benefits. It also allows professionals to operate their practices in a more formal and organized manner, with clear governance and ownership structures.
03
Individuals or groups of professionals who want to establish a formal business entity for their professional services in Indiana should consider forming an Indiana professional corporation.

What is indiana professional corporation Form?

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An Indiana professional corporation is a specific business entity formed under Indiana law for licensed professionals. This type of corporation allows individuals in professions such as law, medicine, or accounting to provide their services while benefiting from limited liability protection.
Licensed professionals such as doctors, lawyers, accountants, architects, and other similar professions are required to file for an Indiana professional corporation. It is mandatory for those who want to operate their practice under a corporate structure.
To fill out an Indiana professional corporation, you must complete the Articles of Incorporation form, providing information such as the corporation's name, registered agent, purpose, and the names of the initial directors. This form can be submitted online or by mail to the Indiana Secretary of State.
The purpose of an Indiana professional corporation is to provide a legal structure for licensed professionals to operate their businesses while limiting personal liability for business debts and malpractice claims.
The information that must be reported includes the corporation's name, principal office address, registered agent name and address, purpose of the corporation, and the names and addresses of the initial board of directors.
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