Does a corporation have to issue stock? Shares of stock represent ownership of the corporation. Where no shares are issued, no individual owns the corporation. Thus, shares must be issued to those individuals who will own the corporation. While most states have created many exceptions and exemptions from registering a stock issuance with the State or with the SEC for most small [...] By Sandra McCarthy|April 28th, 2014|Corporation Column 1, Corporation FAQs|0 Comments Read More
What is a Federal Employer ID Number? If you plan on opening a bank account under your corporate name, most banks will require that your corporation have a Federal Employers’ Identification Number. A Federal Tax Identification Number (also known as a "95 Number" or "EIN Number" ) is a number assigned to a corporation or LLC by the Federal Government for purposes [...] By Sandra McCarthy|April 28th, 2014|Corporation Column 2, LLC FAQs, Corporation FAQs|0 Comments Read More
Where can I get a corporate seal? While many jurisdictions have abolished the requirement of maintaining a corporate seal, many corporations still prefer to maintain a corporate seal as a formality. Corporate seals range in price from $8 (rubber stamp) to about $75 (steel embosser). Your can order your corporate seal through our office. You'll need the name of your corporation and [...] By Sandra McCarthy|April 28th, 2014|Corporation Column 2, Corporation FAQs|0 Comments Read More
What is a corporate officer? While most jurisdictions allow the same person to act in all capacities, that person has different responsibilities depending on the capacity in which he or she is acting. President Vice president Treasurer Secretary (or clerk) Assistant secretary Assistant treasurer Although most jurisdictions allow one person to serve in the three capacities of President, Treasurer and [...] By Sandra McCarthy|April 28th, 2014|Corporation Column 2, Corporation FAQs|0 Comments Read More
What are Articles of Incorporation? A Corporation's "Articles of Incorporation" is the main filing document which begins the corporation's existence under state law. Once filed, the corporation comes into existence. The level of complexity for a corporation's Articles of Incorporation can range from very simple to extremely complex. Generally, most jurisdictions require Articles of incorporation to contain, at a minimum, [...] By Sandra McCarthy|April 28th, 2014|Corporation Column 1, LLC FAQs, Corporation FAQs|0 Comments Read More
How long is the incorporation process? Processing times for incorporating a company vary and change constantly depending on the workload at the state office. Please ask one of our representatives for our most current approximation of the current processing time for Articles of Incorporation. Non-expedited processing with the California Secretary of State can often take several months. We offer expedited services [...] By Sandra McCarthy|April 28th, 2014|Corporation Column 1, Corporation FAQs|Comments Off on How long is the incorporation process? Read More
Is my corporate name available? This office will perform a non-binding name check for name availability within the state of incorporation. The name check is performed by us at no additional charge where available. Please remember that the final determination is made by the state officials; thus, never rely on a corporate name check until AFTER you have received a [...] By Sandra McCarthy|April 28th, 2014|Corporation Column 2, Corporation FAQs|0 Comments Read More