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How to Organize Pages Articles Of Incorporation

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In this video, attorney Lee Phillips discusses the importance of articles of incorporation or articles of organization, which are necessary documents for forming a corporation or LLC. He emphasizes that these documents are filed with the state, which grants permission to operate under specific rules, providing benefits like limited liability and tax structures. Phillips stresses the need to understand the contents of these articles, which often contain minimal required information. He cautions against receiving overly lengthy documents from lawyers, as states typically require only essential details for setup.

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What is the difference between incorporated and organized?

Articles of incorporation and articles of organization are similar filings, with one primary difference: Articles of incorporation are for companies looking to form a corporation, while articles of organization are for limited liability companies (LLCs) an entirely different business classification under the Internal

What is an article of incorporation look like?

Articles of incorporation are a set of formal documents filed with a government body to legally document the creation of a corporation. Articles of incorporation generally contain pertinent information such as the firms name, street address, agent for service of process, and the amount and type of stock to be issued.

What is the difference between articles of organization and articles of organization LLC?

Articles of Organization are also called a Certificate of Formation in some states. It is a document filed with the appropriate state when registering a limited liability company (LLC). An Operating Agreement is the document LLC members look to when they need to resolve issues or disputes within the company.

What are examples of incorporation?

The company Apple, for example, was incorporated under the full name Apple Inc, while Microsoft is formally incorporated as Microsoft Corporation.

How do I fill out an articles of incorporation?

How do I create Articles of Incorporation? Step 1: State where the corporation is incorporating. Step 2: Provide details about the person filing the Articles of Incorporation. Step 3: State the corporations name, purpose and duration. Step 4: Include details about the registered agent and office.

How much does it cost to file articles of incorporation in Texas?

There is a $300 filing fee required by the State. You can file this document online on the Texas Secretary of States website (SOSDirect). The appropriate steps to set up a corporation in Texas are: Choose a name for your Texas corporation.

Can you write your own articles of incorporation?

If you decide to write them yourself, your articles of incorporation will most likely be accepted for filing in your state as long as they contain the minimum information identified above in bullet-point.

How do you organize a corporation?

A Corporation has 3 levels: it is owned by Shareholders, who elect Directors (known as the Board of Directors), who appoint officers (CEO/President, Treasurer/CFO, Secretary, etc.) to run the day-to-day activities of the company.

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Organize Pages Articles Of Incorporation