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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.

The major requirement to forming a corporation is filing the Articles of Incorporation, which is a legal document that provides proof that your company exists and is authorized to operate in the state. A proper Articles of Incorporation document will include the following information: The corporation's name.

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The memorandum of association is the most essential document needed in the steps in forming a company. This document is essentially known as the ?constitution of the company? and contains details regarding the name, objectives, registered office/properties, liabilities, and company members.

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Here is a basic breakdown of the steps to file articles of organization for your LLC. Step 1: Visit the Secretary of State Website.Step 2: Gather Your Information.Step 3: Prepare to Answer Questions.Step 4: Submit the Form.Step 1: Get an EIN.Step 2: Form an Operating Agreement.Step 3: Open a Bank Account.

In an LLC, ownership may be expressed as percentage ownership interests or membership units. An LLC's membership units are similar to a corporation's shares of stock. Regardless of the way it is expressed, ownership gives members voting rights and a share of the company's profits.