Instructions to Form SCC544 Articles of Incorporation of a Virginia Professional Stock Corporation Filing Requirements Required Fees Charter Fee: 1 million or fewer authorized shares $50 for each.

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How to fill out the VA SCC544 online

Filling out the VA SCC544, the form for Articles of Incorporation of a Virginia Professional Stock Corporation, is a vital step for establishing your professional corporation. This guide provides step-by-step instructions to help you complete the form accurately and efficiently online.

Follow the steps to fill out the VA SCC544 form online

  1. Click ‘Get Form’ button to access and open the VA SCC544 form in your preferred digital format.
  2. In Article I, enter the proposed name of your professional corporation. Ensure that the name includes an appropriate designation such as 'Corporation,' 'Incorporated,' or 'Professional Corporation.' Confirm the name's availability via the appropriate channels.
  3. In Article II, state the professional services that your corporation will provide. Ensure to mention only those services that can legally be combined.
  4. For Article III, indicate the total number of shares the corporation is authorized to issue. If there are multiple classes of shares, provide details for each class.
  5. In Article IV, list the name of the initial registered agent, who must be an individual or an entity eligible as a registered agent in Virginia.
  6. For Article V, provide the address of the registered office, ensuring that it matches the registered agent's business office. Check the appropriate box regarding the qualification of the registered agent.
  7. In Article VI, complete the address of the principal office of the corporation. Avoid using a post office box unless necessary.
  8. In Article VII, indicate the number of directors on the first board of directors of the corporation.
  9. In Article VIII, list the names and addresses of the initial directors. Make sure they are included if the registered agent is named as an initial director.
  10. Finally, the incorporators must sign the form, providing their printed names and optional contact information, such as telephone numbers and email addresses for quicker communication if necessary. After filling out all sections, review the completed form before saving, downloading, printing, or sharing it.

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What is Virginia SCC jurisdiction?

The State Corporation Commission (SCC) has regulatory authority over utilities, insurance, state-chartered financial institutions, securities, retail franchising and railroads.

Generally speaking, in Virginia business corporations form stock corporations and nonprofits form non-stock corporations. Stock corporations are those that issue stock. The shareholders own stock in anticipation of dividends or selling their stock for a profit.

Steps to dissolve, surrender, or cancel a California business entity File all delinquent tax returns and pay all tax balances, including any penalties, fees, and interest. File the final/current year tax return. ... Cease doing or transacting business in California after the final taxable year.

When a corporation's board of directors or an LLC's members decide to dissolve a corporation without any mandate, it is called voluntary dissolution. The stockholders must vote in favor of the dissolution.

In Virginia, whether the state involuntarily dissolved your company or you applied for voluntary dissolution, you will have to request a reinstatement packet. You can do this online or by calling the Secretary of State office at (804) 371-9733.

Visit https://cis.scc.virginia.gov to file articles of dissolution and/or termination of a Virginia Stock Corporation in real time. Questions? P.O. Box 1197 Richmond, VA 23219 Richmond, VA 23218-1197 Pay online with a credit card or eCheck. No additional processing fees apply for filing online.

The main difference between an LLC and a corporation is that an llc is owned by one or more individuals, and a corporation is owned by its shareholders. No matter which entity you choose, both entities offer big benefits to your business. Incorporating a business allows you to establish credibility and professionalism.

How to dissolve a business in 7 steps Step 1: Get approval of the owners of the corporation or LLC. ... Step 2: File the Certificate of Dissolution with the state. ... Step 3: File federal, state, and local tax forms. ... Step 4: Wind up affairs. ... Step 5: Notify creditors your business is closing. ... Step 6: Settle creditors' claims.

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