1What are the state requirements for company names?
Naming rules for corporations and other business entities are state-dependent. Some words may be prohibited and some words may be required. For General For Profit Corporations, required company indicators generally include Inc., Corp., Incorporated, or variations thereof, as listed in the Designator dropdown menu. For Professional Corporations, different naming rules apply which also vary by state. Launch by LegalShield performs a preliminary name audit to ensure that corporate names meet state requirements.
2What if I dont want anyone to know the business address?
Many states do not require a business address at all, and many of those that do only require a post office box. Launch by LegalShield audits each order for business address requirements prior to filing documents. If you are uncomfortable providing a business address at this time, you may leave the fields blank and Launch by LegalShield will contact you if there are any issues.
3Does this address have to be in the state of formation?
Of the states that require a business address, only a few states require the business address to be within the state. Launch by LegalShield audits each order for business address requirements prior to filing documents. If your entry does not satisfy your particular state’s filing requirements, Launch by LegalShield will contact you for an acceptable address.
4What is a Registered Agent?
It is a mandatory “agent” of the corporation or Corporation who is officially designated at the time that incorporation or registration documents are filed in accordance with state requirements. A Registered Agent is designated to be responsible for receiving and forwarding lawsuits and other critical legal and tax documents on behalf of the company.
5Does the registered agent need to be a principal or owner (e.g. director or officer or shareholder) of the corporation?
No, the Registered Agent does not need to be a principal or owner, but must be an adult individual (or qualified commercial registered agent service), not the corporation itself, with a physical address in the state of filing.
6Why are P.O. boxes not allowed?
A Registered Agent is responsible for receiving any legal papers on behalf of the Corporation, and often legal documents must be hand delivered to a physical address and accepted by an individual. Therefore, almost all states require that the agent’s address be a street address where the agent is physically located during standard business hours.
7Can the agent be in another state?
No, the registered agent must have a physical address in the state in which your are filing.
8How many directors should I have?
Corporations may have multiple directors. However, generally, states require corporations to have at least one director. Launch by LegalShield performs a preliminary order audit to ensure that specific state requirements are met.
9What is the incorporator?
The incorporator is the person who signs the company’s Articles of Incorporation and brings the company into existence. For General For Profit Corporations, in most states Launch by LegalShield acts as the incorporator. For Professional Corporations, Launch by LegalShield cannot act as incorporator; therefore you must provide the incorporator info as requested.
10Can Launch act as incorporator?
Launch by LegalShield is able to act as incorporator in most states for General For Profit Corporation filings. However, in a few states − and in all states with regards to Professional Corporations — you must designate an individual to be the incorporator.
11What is an S-Corp?
An S-Corp is the same as a C-Corp, except for the way it is taxed. An S-Corp is taxed similar to the way an Corporation is taxed, i.e., income taxes are reported and paid by the owners rather than the company itself. There are pros and cons to the S-Corp tax election, therefore, competent professional tax advice is strongly advised.
12What are the government filing fees?
These are state-dependent required government filing fees that Launch by LegalShield passes directly to the appropriate government agency.