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How do you write articles of incorporation?
the name of your corporation.
your corporation's principal place of business.
the name and address of your corporation's registered agent.
a statement of the corporation's purpose.
the corporation's duration.
information about the number of shares and classes of stock the corporation is authorized to issue.
What is the purpose of the articles of incorporation?
Filing articles of incorporation, also called a corporate charter, offers your company tremendous benefits, such as protection from creditors and tax advantages. Articles of incorporation are the way that businesses formally acknowledge that they intend to form a corporation.
What is the difference between articles of incorporation and articles of organization?
The biggest difference, however, is that each serves a different purpose. Whereas articles of organization are used to establish an LLC, articles of incorporation are used to create a corporation. Also, articles of organization require just one registered agent, whereas articles of incorporation require three.
How do I file articles of incorporation in Illinois?
To start a corporation in Illinois, you must file Articles of Incorporation with the Department of Business Services. You can file the document online or by mail. The Articles of Incorporation cost a minimum of $175 to file. Once filed with the state, this document formally creates your Illinois corporation.
How long does it take to get articles of incorporation in Illinois?
Regular processing of articles of incorporation takes about four weeks, plus an additional two or three days to mail the final documents. Regular filing time for an LLC (limited liability company) is between seven and ten business days.
What should be included in the articles of incorporation?
Articles of incorporation is a set of formal documents filed with a government body to legally document the creation of a corporation. Articles of incorporation generally contain pertinent information, such as the firm's name, street address, agent for service of process, and the amount and type of stock to be issued.
What is the difference between a corporation's bylaws and its articles of incorporation?
What is the difference between Articles of Incorporation and Bylaws? The basic difference is pretty simple. Articles of Incorporation are public records, Bylaws are not. In the case of a corporation, the name and address of each incorporated must be listed in the Articles of Incorporation.
What should be included in corporate bylaws?
Corporate bylaws commonly include information that specifies, for example, the number of directors the corporation has, how they will be elected, their qualification, and the length of their terms. It can also specify when, where, and how your board of directors can call and conduct meetings, and voting requirements.
Do I need articles of incorporation for an LLC?
Some states require an LLC to draft an operating agreement and file it with the Secretary of State. Other states merely require the LLC have an operating agreement but have no filing requirement. LCS are not corporations and do not use articles of incorporation. Instead, LCS form by filing articles of organization.
What is the articles of organization for an LLC?
The articles of organization are a document similar to the articles of incorporation, outlining the initial statements required to form a limited liability company (LLC) in many U.S. states. Some states refer to articles of organization as a certificate of organization or a certificate of formation.
Is articles of organization a business license?
To form an LLC, a business license is not required, but it may be necessary to register the LLC with the state and obtain an occupational license before the LLC can legally operate as a business. Some fields issue professional licenses that have their own set of requirements.
What is required in articles of incorporation?
Articles of incorporation is a set of formal documents filed with a government body to legally document the creation of a corporation. Articles of incorporation generally contain pertinent information, such as the firm's name, street address, agent for service of process, and the amount and type of stock to be issued.
Are articles of organization the same as articles of incorporation?
Articles of Organization are generally used for LLC formation, while Articles of Incorporation are the type of documents that you need to form a C Corporation or S Corporation. But the general concept remains the same you need to file these articles upfront as part of starting your business as a legal entity.
How do I get articles of incorporation for my LLC?
The Articles of Incorporation will need to be filed with the state's Secretary of State office. You can submit the Articles of Incorporation online, or you can mail a hard copy. Just make sure that you follow it up with payment in the same form.
How do I get my articles of organization?
Generally, the articles of organization are filed with the Secretary of State's office in the state in which the new LLC is formed. You may be able to find government-provided forms you can use on the Secretary of State's website.
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