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A C corporation is any corporation that does not qualify or elect to be an S corporation under the Internal Revenue Code. A C corporation is a legal structure for a corporation where the company's assets are separate from the owners' assets. The owners of a C corporation are the shareholders.
How do I amend my Colorado LLC operating agreement to add a member? Hold a meeting of all members. Draft a resolution (to add a member) Vote on the resolution. Pass the resolution (if a majority vote in favor) Keep the member resolution with your records.
How to Form a C Corp Incorporation pros and cons. There are a number of incorporation pros and cons. ... Name your business. Choose your business's legal name. ... Organize leadership. ... File articles of incorporation. ... Issue stock certificates. ... Apply for business licenses and identification numbers.
Colorado Corporation: $185 You must file online and pay the $50 filing fee. The SOS will process the Articles of Incorporation usually within 24 hours. Once your corporation is formed, you will need to obtain an Employer Identification Number from the IRS.
How to Form a CO Corporation Yourself in 6 Steps Step 1 - Choose a Unique Business Name and Complete a State Business Search. Step 2 - Provide an Official Business Address for Your Corporation. Step 3 - Assign a Registered Agent. Step 4 - File Your Articles of Incorporation with the Colorado Secretary of State.
Authorized shares and par value must be listed in the Articles of Incorporation. An increase in the number of shares or par value does not affect initial filing fees. Registered agent. Corporations must list the name and address of a registered agent with a physical address (no post office boxes) in Colorado.
How to Start a corporation in Colorado <1. ... Designate a Registered Agent in Colorado. ... File Articles of Incorporation in Colorado. ... Create your Corporate Bylaws. ... Appoint your Corporate Directors. ... Hold the First Meeting of the Board of Directors. ... Authorize the issuance of shares of stock.
A Colorado corporation is formed by submitting Articles of Incorporation to the Secretary of State's office. You must file online and pay the $50 filing fee. The SOS will process the Articles of Incorporation usually within 24 hours.