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Learn How to Form a North Carolina Professional Corporation Choose a name for your North Carolina PC. Select an North Carolina registered agent. Complete your North Carolina Certificate of Incorporation. Establish a corporate record in North Carolina. Designate an North Carolina PC board of directors.
The big takeaway here: The main difference between an S Corp and a C Corp is how they're taxed. C Corp status business owners pay taxes twice ? at the corporate and individual level ? while S Corp status owners only pay income taxes on the combined earnings of the owner-employee's wages and pass-through profits.
The Articles of Incorporation signed by the incorporator(s) must be submitted to the N.C. Department of the Secretary of State by mail or in person, along with a check, money order, or cash for the $125 filing fee required by law.
At a high level, the steps for forming a C corp whenstarting a business are as follows: Register a unique business name. Appoint officers to the corporation (CEO, board of directors). Draft and file articles of incorporation with the secretary of state in your state. ... Write company bylaws. Issue stock?literally.
The following step-by-step guide will show you how to start a corporation in North Carolina. Select a name for your corporation. ... Nominate a registered agent. ... Appoint initial directors at the organizational meeting. ... File Articles of Incorporation. ... Create and approve bylaws. ... Select a share structure. ... Obtain an EIN.
Fees Domestic & Foreign Business Corporations*FeeArticles of Incorporation$125Application to Reserve a Corporate Name$30Notice of Transfer of Reserved Corporate Name$10Application to Register a Corporate Name by a Foreign Corporation$1028 more rows
To start a corporation in North Carolina, you'll need to do three things: appoint a registered agent, choose a name for your business, and file Articles of Incorporation with the Business Registration Division. You can file this document online or by mail. The articles cost $125 to file.