Massachusetts Business Incorporation Package to Incorporate Corporation
What is this form package?
The Massachusetts Business Incorporation Package provides everything needed to legally create a corporation in Massachusetts. This package includes essential legal forms, detailed instructions, and a step-by-step guide through the incorporation process, making it unique. While many incorporation packages may only offer basic forms, this comprehensive package covers everything from the Articles of Incorporation to by-laws and annual meeting minutes.
Forms included in this package
- Articles of Organization for Domestic For-Profit Corporation
- Massachusetts Bylaws for Corporation
- Annual Minutes
- Notices, Resolutions, Simple Stock Ledger and Certificate
- Minutes for Organizational Meeting
- Sample Transmittal Letter to Secretary of State's Office to File Articles of Incorporation
- Application of Name Reservation
- Election of 'S' Corporation Status and Instructions - IRS 2553
- I.R.S. Form SS-4 (to obtain your federal identification number)
When this form package is needed
This form package is ideal for individuals or groups aiming to establish a corporation in Massachusetts. Utilize this package when you want to:
- Start a new business venture and need legal protections for your personal assets.
- Set up a corporation to enhance your business's credibility.
- Transition from a sole proprietorship or partnership to a corporate structure.
Who needs this form package
- Entrepreneurs planning to start a new corporation.
- Business partners looking to limit personal liability.
- Small business owners wishing to formalize their business structure.
- Individuals seeking to benefit from pass-through taxation via an S corporation status.
Steps to complete these forms
- Review the included forms: Familiarize yourself with each document provided in the package.
- Reserve your corporation name: Use the form for name reservation to prevent rejection of your application.
- Complete the Articles of Incorporation: Fill out the necessary details for your corporation's formation.
- Conduct an initial board meeting: Set essential governance policies and appoint corporate officers.
- Apply for a Federal Tax Identification Number: Complete the IRS Form SS-4 to obtain your EIN.
- File for S corporation status if desired: Complete and submit IRS Form 2553 if you wish to opt for S corporation tax treatment.
Notarization details for included forms
Most forms in this package do not require notarization. However, local laws or specific situations may demand it. Our online notarization service, powered by Notarize, lets you complete the process through a verified video call, available anytime.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Avoid these common issues
- Failing to reserve the corporation name, leading to possible rejections.
- Not conducting the initial board meeting, which may affect corporate formalities.
- Missing deadlines for filing IRS forms, which could result in higher tax liabilities.
Why complete this package online
- Convenience: Download and fill out forms from the comfort of your home.
- Editability: Easily modify forms to fit your specific business needs.
- Reliability: Forms are drafted by licensed attorneys to ensure legal compliance.
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FAQ
Costs and Fees to Incorporate in Massachusetts The state filing fee to incorporate in Massachusetts is $275.00 for up to 275,000 shares plus $100 for each additional 100,000 shares or any fraction of that. It typically takes about 5 to 7 days to incorporate in Massachusetts.
Registered Office. Business Activity. Director's Details. Shareholders' Details. Shareholders' Details. Secretary Details (Not Compulsory) Person with Significant Control (PSC) Details Where the person is not a director, shareholder or secretary.
What Is the Cheapest State to Incorporate? Delaware remains one of the more affordable states in which to form an LLC (14th lowest filing fee of 50 states). Delaware also ranks well for incorporation fees (17th lowest filing fee of 50 states).
Choose a corporate structure. Check Name Availability. Appoint a Registered Agent. File Massachusetts Articles of Incorporation. Establish Bylaws & Corporate Records. Appoint Initial Directors. Hold Organizational Meeting. Issue Stock Certificates.
Choose a Corporate Name. File Articles of Incorporation. Appoint a Registered Agent. Prepare Corporate Bylaws. Appoint Initial Directors and Hold First Board Meeting. File Annual Report. Obtain an EIN.
The costs to start an LLC in Massachusetts are significant. LLCs pay a $500 formation fee and $500 annual report fee. Most corporations pay only $275 to get started then $125 per year. Massachusetts registered agent and resident agent are synonymous.
Articles of Incorporation are a set of formal documents that establish the existence of a company in the United States and Canada. For a business to be legally recognized as a corporation.
One of the main reasons to form a corporation or LLC for a small business is to avoid personal liability for the business' debts. As we mentioned earlier, corporations and LLCs have their own legal existence. It's the corporation or LLC that owns the business, its assets, debts, and liabilities.
Business Name Reservation Form (Corps and LLCs) Articles of Incorporation (Corps only) Articles of Organization (LLCs only) Corporate Bylaws (Corps only) Operating Agreement (LLCs only)