What you need to know about articles of incorporation

On Behalf of | Oct 27, 2020 | Business Transactions |

There is a lot that goes into setting up a business. It isn’t as easy as just setting up shop and opening one’s doors. The state of Louisiana requires business owners to file various legal documents during the business formation process. When creating a corporation, for example, articles of incorporation must be filed.

Articles of incorporation are the documents needed to register one’s corporation with the state. Once everything is gathered, the documents must be submitted to the Secretary of State. The articles that one may need to include in the filing are:

  • The name of the business
  • Name and contact information for the owner, partners and board members
  • The business structure
  • Information about authorized shares
  • Name, contact information and signature of the incorporator
  • Expected duration of operation

It may also be necessary to file a document stating the purpose of the company and various other provisions. Along with one’s submission, filing fees and taxes will likely need to be paid. If the corporation has a presence in more than one state, articles of incorporation need to be filed in each state, and the various taxes and fees paid accordingly.

Articles of incorporation seem pretty straightforward and easy to put together and file, but the smallest mistake in one’s submission could end up delaying the opening of one’s business. Anyone looking to create a corporation that has a presence in the state of Louisiana can turn to legal counsel to have any questions they have about the formation process answered. One’s attorney will also be able to provide assistance filing the articles of incorporation so one can make sure it is done right.