This Incorporation Package includes all forms needed to form a corporation in your state and a step by step guide to the incorporation process. The package also includes forms needed after incorporation, such as minutes, notices, and by-laws. Items Included: Steps to Incorporate, Articles or Certificate of Incorporation, By-Laws, Organizational Minutes, Annual Minutes, Notices, Resolutions, Stock Transfer Ledger, Simple Stock Certificate, IRS Form SS-4 to Apply for Tax Identification Number, and IRS Form 2553 to Apply for Subchapter S Tax Treatment.
Maine Business Incorporation Package to Incorporate Corporation
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Maine
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ME-00INC
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Choose a corporate structure. Incorporating means starting a corporation. Check Name Availability. Appoint a Registered Agent. File Maine Articles of Incorporation. Establish Bylaws & Corporate Records. Appoint Initial Directors. Hold Organizational Meeting. Issue Stock Certificates.
All business licenses require a $45 application fee. However, if you are applying for multiple licenses at the same time, only one $45 fee is required. All fees, applications, and licenses must be paid on an annual basis. Renewal application fees are $35.
Business Name Reservation Form (Corps and LLCs) Articles of Incorporation (Corps only) Articles of Organization (LLCs only) Corporate Bylaws (Corps only) Operating Agreement (LLCs only)
Do I need to incorporate my small business? Whether your team is composed of two people or 10, all businesses can benefit from incorporating. Advantages of forming a corporation or limited liability company (LLC) include: Personal asset protection.
Both types of entities have the significant legal advantage of helping to protect assets from creditors and providing an extra layer of protection against legal liability. In general, the creation and management of an LLC are much easier and more flexible than that of a corporation.
Complete and file the Application for Tax Registration from the Maine Revenue Services, 207- 624-5644. The application can be downloaded from their website. You can also register online at the Maine Department of Labor's online services.
One of the main reasons to form a corporation or LLC for a small business is to avoid personal liability for the business' debts. As we mentioned earlier, corporations and LLCs have their own legal existence. It's the corporation or LLC that owns the business, its assets, debts, and liabilities.
How much does it cost to form an LLC in Maine? The Maine Secretary of State charges a $175 fee to file the Certificate of Formation. You can reserve your LLC name with the Maine Secretary of State for $20.
The Government fee for incorporation is $275.00 plus the cost of a NUANS search. Corporate Registry offices throughout the Province will also have an additional administrative fee that is approximately $225.00, making the total cost of incorporation over $500.00.