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Incorporating your business in Delaware is fast and easy compared to other states. You will typically receive your incorporation documents within 4-6 days after submitting the necessary documents to the Delaware Division of Corporations.
Regardless of whether you are forming a C corporation or an S corporation, the company formation document is called the Articles of Incorporation or Certificate of Incorporation. This document provides the state with necessary information on your business.
While every state handles the process a bit differently, there are six basic steps you should keep in mind. Step 1: Choose a business name. ... Step 2: Pick a location. ... Step 3: Decide on a corporate entity. ... Step 4: Obtain a tax ID number. ... Step 5: Manage the money. ... Step 6: State finalization and securing permits and licenses.
A corporation's formation document is typically called the Articles of Incorporation or Certificate of Incorporation, depending on the state. An LLC's formation document is typically called the Articles of Organization or Certificate of Organization.
The Memorandum of Association (MoA) is the foundation for all companies. It is a primary document for the incorporation of a company.
Key Takeaways. Incorporation is the way that a business is formally organized and officially brought into existence. The process of incorporation involves writing up a document known as the articles of incorporation and enumerating the firm's shareholders.
This article discusses the key legal documents needed to incorporate as a Delaware corporation. Certificate of incorporation. ... Sole incorporator consent. ... Bylaws. ... Initial Board Consent.