The board of directors may authorize shares to be issued for consideration consisting of any tangible or intangible property or benefit to the corporation. To start any type of corporation in Massachusetts, you must file Articles of Organization with the Secretary of the Commonwealth.Appoint a Registered Agent. All business corporations organized under the laws of the Commonwealth, except those dissolved prior to July 1, 2004, file on the forms provided below. In Massachusetts, the Articles of Organization form allows you to indicate if the corporation will issue more than one authorized share class. To form a corporation in Massachusetts, you must file articles of organization with the Secretary of State. Business Name: Your name must include "Corporation," "Incorporated," "Company," "Limited" or an abbreviation of one of these words. The owners may be issued stock certificates to serve as proof of ownership in the corporation. An increase in the number of shares or par value can affect initial filing fees. Professional corporations have to be a bit more selective about who they issue shares to.