To incorporate a company, you must send the following documents to the registration office:
- Application for registration
- Decision on forming company
- Foundation documents
- Extract from business register or equal proof
Regardless of the company structure, there are four key documentation areas:
- Formation
- Governance
- Ownership
- Taxation
Here are the steps to incorporate a company:
- Apply to RoC for name availability
- Pay fee and attach digital signature
- Receive Certificate of Incorporation and Share Certificates
- Establish bylaws or operating agreement outlining decision-making process, rights, and responsibilities
The primary document needed to incorporate a business is the articles of incorporation. It includes basic information about the corporation and is required by every state.
List of Essential Incorporation Documents
Here are the 11 incorporation documents that every small business should know when registering their business entity:
- Business name reservation form (corps and LLCs)
Bylaws for Corporation serve as a proper set of rules and responsibilities for designated members to follow, determining the internal management structure of the business.
Incorporating your own company can provide benefits such as easier decision-making and financial opportunities while ensuring legal and administrative compliance.
Before sorting through incorporation papers, ensure compliance with all licensing and zoning regulations and select a registered agent.
Decide on the type of corporation to form, such as LLCs, which outline management provisions and distribution of profits.
The two basic documents governing a corporation are the articles of incorporation and bylaws. Articles outline the essentials of existence, while bylaws detail internal operating rules.