What are a companys Articles of Incorporation/Organization?

What are a company's Articles of Incorporation?

What you are doing when you are incorporating?

• There are usually 7 parts to the Articles of Incorporation/Organization.

Part 1: Here you will state the Name of your Company.

• How do you choose a Name? We covered this in this Blog: https://steemit.com/business/@allbusiness/business-101-top-3-websited-to-visit-to-limit-legal-troubles
• Will this company be a Mother company where it will own multiple companies?
• Will you be doing business across different industries?
• Do you want your name to describe what you do?
• Do you want your name tied to any specific industry. (e.g Bobs Tire Shop, Guys Plumbing)?
• Do yo want the option of changing industries?
• Will this name be your main operating name or will you do business in a different name like a DBA(Doing Business As)?
• How do I know if this name is available? We covered this in this Blog: https://steemit.com/business/@allbusiness/business-101-top-3-websited-to-visit-to-limit-legal-troubles

Usually General Name is the way to go unless you absolutely need to have a more descriptive name.

Part 2: This part confirms to the State that you will be doing LAWFUL business. You cannot file articles to do anything illegal. This part states that you will be doing business within the laws of your state.

Part 3: This part will list the company's initial agent of service of process also known as registered agent. This person will receive documents and lawsuits on behalf of the company. They will be the initial contact person for your company when it comes to legal documents and mail.

Part 4: This will list the Address of the Company getting incorporated/organized. This address can be a commercial address or if allowed a residential/virtual address.

Part 5:(Corporations) Only Corporations can issue stock. An LLC has members and the members hold interest in the company. Here you will list the type and number of shares of stock that will be issued.

Part 6:(Corpirations) Type of Corporation Whether S Corp or C Corp depending on what kind of business you are incorporating. Also states how many people will be initially holding stock.

Part 7: Name of the person Incorprating. This can be an individual or a company.

Here we see a mock Articles of Incorporation/Organization.

Articles Of Incorporation(Corporation)/Organization(Limited Liability Company)

I
The name of this Corporation/LLC is:_

II
The purpose of the corporation is to engage in any lawful act or activity for which a Corporation/LLC may be organized under the GENERAL CORPORATION/LLC LAW of State:_ other than the banking business, the trust company business or the practice of a profession permitted to be incorporated by the State:_ Corporations/LLC Code.

III
The name of the address in the State of _ of this Corporations/LLC initial agent for service of process is:

• Name:
• Address:

IV
The Corporations/LLC address is:

• Address:

V(Corporation)
The Corporations is authorized to issue only one class of shares of stock; and the total number of shares which this Corporations is authorized to issue is _Shares.

VI(Corporation)
This Corporations is a Open/Closed. All of the Corporations issued shares of stock, of all classes, shall be held of record by not more than _persons.

VII

---

(Name), Incorporator

These articles will be sent to your states Secretary of State(SOS)along with any filing fees and Statement of Information for its Officers/Members. After your SOS has reviewed the documents they will record the articles and send them back filed and recorded. They will also give you a 7 digit corporate number or an Entity Number(LLC). They are recognizing you as a new entity doing business.

Comany Name Availablility Link for California: https://steemit.com/business/@allbusiness/business-101-top-3-websited-to-visit-to-limit-legal-troubles

So What is Next? What will the AllBusiness Account Cover?

How do I write a business plan?
How do I get a Business license?
How do I get an Employer Identification Number?
How do I get a Sellers PErmit?
How do I get a Corporate/Company Bank Account?
How do you establish Business/Corporate Credit?
What is a FICO Score?
What is a PAYDEX Score?
Does your business require any zoning permits?
Will you be running the business from home?
What kind of Trade Lines should you set up?
What are Net 30/90 Accounts?
What is Revolving Credit?
What is a DUNS Number?
What is a Business Identification Number(BIN)?
What is a Secured Credit Card?
What is an Unsecured credit Card?
What is a Certificate of Deposit?
What is a Franchise?
What is Branding?
What is Proprietary Content?

We will cover these topics on this Account so please Follow and check back in with us for new content on these topics.

If you have any questions please leave it in the comments section.

If you have any suggestions for future business related posts please leave a comment in the comments section.

Thank you and a have a great day.