Washington Pre Incorporation Agreement
Description
How to fill out Pre Incorporation Agreement?
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FAQ
There are various types of pre-incorporation contracts that can be made by a company ing to their need before incorporation, such as a lease agreement, employment agreement, founder's agreement, shareholder agreement, etc.
Promoters are generally held personally liable for pre-incorporation contract. If a company does not ratify or adopt a pre-incorporation contract under the Specific Relief Act, then the common law principle would be applicable and the promoter will be liable for breach of contract.
Incorporating in Washington is a good way to preserve funds at the start, as the startup will only be paying filing fees in Washington and can have one of its founders serve as the registered agent.
In addition to filing the $10 initial report, an annual report must be submitted at the end of your LLC's first year. This report is due on the last day of your LLC's anniversary month and costs $60. If you're late for the filing deadline, the Corporations and Charities Division will charge an additional $25 late fee.
What is the Washington incorporation fee? To incorporate in Washington you must pay a $180 filing fee. Online filings are charged an additional $20 processing fee. To expedite a paper filing, you must add $50.
8 Steps to Forming your WA Corporation Gather Information for Your Articles of Incorporation. Obtain a Registered Agent and their Consent. Submit Articles of Incorporation. Wait for Processing and UBI Number. Create Corporation Bylaws. Apply for Federal EIN with the IRS. File Beneficial Ownership Information Report.
Forming an LLC or a corporation will allow you to take advantage of limited personal liability for business obligations. LLCs are favored by small, owner-managed businesses that want flexibility without a lot of corporate formality. Corporations are a good choice for a business that plans to seek outside investment.
It will take about 2 months for the state to process your Articles of Incorporation unless you pay the $50 fee for expedited mailed filing or the extra $20 fee to file online. When we file incorporations, we always like to go with online filing?and it's usually processed in 2-5 business days.