Insert Pages To Legal Washington Pre-Incorporation Forms For Free

How to Form a Corporation in Washington Choose a Corporate Name. Choose Directors to serve on the Board of Directors. Prepare and file the Articles of Incorporation. Apply for a Federal Employer Identification Number (EIN) Write Corporate Bylaws. Create a Shareholder Agreement. Elect S Corporation status if desired.

What is the Washington incorporation fee? To incorporate in Washington you must pay a $180 filing fee. Online filings are charged an additional $20 processing fee. To expedite a paper filing, you must add $50.

The big takeaway here: The main difference between an S Corp and a C Corp is how they're taxed. C Corp status business owners pay taxes twice ? at the corporate and individual level ? while S Corp status owners only pay income taxes on the combined earnings of the owner-employee's wages and pass-through profits.

Limited liability companies are permitted to engage in any lawful, for-profit business or activity other than banking or insurance. Doing business as an LLC may yield tax or financial benefits. A Corporation* is a legal entity. A corporation has certain rights, privileges, and liabilities beyond those of an individual.

A Washington state LLC is a limited liability company formed in or registered to do business in Washington state. This type of business entity provides personal asset protection from business losses and prevents the double taxation of corporations. An LLC combines features of a partnership with those of a corporation.

The initial report can be filed with the origination document for free or it can be submitted at any point within the first 120 days of existence for an additional fee. Filing Fee: The filing fee is $10. In addition, the online processing fee applies.