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Click ‘Get Form’ to open the SC Corporation form in the editor.
Begin by reserving a corporate name. Ensure it includes 'professional corporation' or its abbreviations. Follow the instructions on the Reservation of Corporate Name Form.
Next, complete the Articles of Incorporation. Download and fill out the form, ensuring a local attorney signs it as required.
After receiving your stamped 'FILED' copy of the Articles, mail a copy to your profession's Board of Examiners and conduct an Initial Meeting for electing directors and adopting bylaws.
Apply for a Federal Tax Identification Number using form SS-4, which can be submitted via mail to your regional IRS office.
If opting for Subchapter S status, file form 2553 with the IRS promptly to avoid C Corporation tax rates.
Open a corporate bank account and ensure annual meetings are held to elect directors and officers as needed.

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What type of entity is an SC?

A service corporation, like most other corporations, is a limited liability entity because its shareholders normally are not personally responsible for the debts and obligations of the corporation. The corporation is responsible for its debts and obligations, but shareholders are not - they have limited liability.

What type of company is a SC?

Entity TypeRelevant Statutes Professional Corporations 33-19-101 et seq. Nonprofit Corporations 33-31-101 et seq. Limited Liability Companies 33-44-101 et seq. Limited Partnerships 33-42-101 et seq.3 more rows

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