Where to find state of incorporation

If the company does not plan to obtain venture capital funding, it may be best to incorporate in the state in which the company plans to do business. Doing so has the following advantages: Local attorneys are familiar with the local law One can have an intrastate securities law exemption.

There is the convenience of geographical proximity. The corporation does not need to register as a "foreign" corporation in the state of operation if it is incorporated there. Name Availability. The selected name must be available in the state of incorporation. In choosing a corporate name, one needs a name that can be used in every state in which the corporation will do business. It is best to coin a name that is not a common word in the language.

Some of these issues may be important to your corporation. In any case, they can serve as a starting point for questions to ask. How many incorporators are required by the state, and whether the incorporator itself can be a corporation.

The state's corporate income tax and whether earnings from operations outside the state are taxable. The State of Delaware taxes non-Delaware resident shareholders of S corporations on their distributive share of S Corporation income based on the percentage of that income derived from Delaware sources. Choosing a State of Incorporation For Your New Business You are not required to incorporate in the state where your business operates; you have the freedom to choose from any one of the 50 states or the District of Columbia.

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Thinking to set up a US company? Get a Free Consultation. We hate SPAM and promise to keep your email address safe. This field is for validation purposes and should be left unchanged. Why Incorporate In Delaware? State of Incorporation means Delaware.

State of Incorporation means the State of Delaware. Examples of State of Incorporation in a sentence Bids by corporations must be signed with the legal name of the corporation followed by the name of the State of Incorporation and by the signature and designation of the president, secretary, or other person authorized to bind it in the matter.

State of Incorporation means Utah. State of Incorporation means the State of Texas.