Setting Up Your Own Corporation | Ramblings of an e-trader

Monday, 27 November 2006

Setting Up Your Own Corporation

It really is not that difficult to set up your own corporation in the United States. First of all, you need to choose your company name. Think of a name that is special, easy to remember and easy on the tongue, yet relevant to your business type.

Then decide you need to decide who will be the Directors, remember to include yourself, and who will be the officers like President, Treasurer and Secretary and management.

You also need to decide how many shares you want to issue. This is not that important for the time being unless you want to public list your company later.

Some States in the United States base their filing fee on the number of shares issued. For example a
Nevada corporation can have 75 million of shares and still pay the lowest filing fee of $75. In Nevada, one person can hold all functions in the company, like director, president, treasurer and secretary.

Many people do not know the difference between LLC and S Corp. You can read all about them
HERE.

IncParadise.com offers incorporation in all 50 States of the United States of America. If you want to see difference in fees check
THIS PAGE.

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