This state-specific form must be filed with the appropriate state agency in compliance with state law in order to create a new corporation. The form contains basic information concerning the corporation, normally including the corporate name, number of shares to be issued, names of the incorporators, directors and/or officers, purpose of the corporation, corporate address, registered agent, and related information.
Keywords: Articles of Incorporation, Washington State, formation, types Description: The Articles of Incorporation in Washington State are a crucial set of legal documents that are required for the formation of a corporation. These articles provide detailed information about the corporation and its structure, as well as the rights and responsibilities of its shareholders, directors, and officers. They are filed with the Secretary of State's office and serve as the foundation for the corporation's existence and operations. In Washington State, there are different types of Articles of Incorporation based on the nature and purpose of the corporation. Some common types include: 1. General Business Corporation: This type of Articles of Incorporation is used for the formation of corporations engaged in general business activities, including manufacturing, trading, or providing services. 2. Nonprofit Corporation: Nonprofit organizations seeking to incorporate in Washington State must file Articles of Incorporation specific to nonprofit corporations. These articles reflect the organization's charitable, educational, religious, or scientific purposes and outline the regulations and limitations imposed on such corporations. 3. Professional Service Corporation: Professional individuals, such as doctors, dentists, lawyers, accountants, and architects, can form a professional service corporation. The Articles of Incorporation for such entities must comply with the respective professional board's guidelines and include provisions specific to the profession. 4. Benefit Corporation: Washington State also offers the option to form a benefit corporation, which is a recent addition to corporate structures. Benefit corporations are aimed at achieving public benefits alongside generating profits and require specific language in the Articles of Incorporation to outline their social and environmental goals. 5. Close Corporation: A close corporation is a type that operates with a smaller number of shareholders. The Articles of Incorporation of a close corporation contain special provisions allowing for more flexible management and shareholder restrictions compared to regular corporations. Regardless of the type, the Articles of Incorporation in Washington State must include essential information such as the corporation's name, purpose, duration, registered agent, initial directors, authorized shares, and other vital details. It is recommended to consult an attorney or an incorporation service to ensure compliance with the specific requirements and regulations of the state.
