This multistate form relates to Section 200 of the California Corporate Code that provides in part as follows:
(a) One or more natural persons, partnerships, associations or corporations, domestic or foreign, may form a corporation under this division by executing and filing articles of incorporation.
(b) If initial directors are named in the articles, each director named in the articles shall sign and acknowledge the articles; if initial directors are not named in the articles, the articles shall be signed by one or more persons described in subdivision (a) who thereupon are the incorporators of the corporation.
(c) The corporate existence begins upon the filing of the articles and continues perpetually, unless otherwise expressly provided by law or in the articles.
Queens, New York is a bustling borough located in the eastern part of New York City. It is known for its rich diversity, vibrant culture, and array of attractions. When it comes to the legal aspect of starting a corporation in Queens, there is a process called "Action by Sole Incorporated." Action by Sole Incorporated of Corporation refers to the necessary steps taken by an individual who is the sole incorporated of a corporation in Queens, New York. This process involves the individual making important decisions and taking actions that are required to establish and legally form the corporation. To initiate the Action by Sole Incorporated, the individual needs to draft and file the necessary legal documents with the appropriate authorities, such as the New York Secretary of State or the Queens County Clerk. These documents typically include the Certificate of Incorporation, which outlines the essential details about the corporation, including its name, purpose, location, and registered agent. Additionally, the sole incorporated must establish the corporation's bylaws, which outline how the company will be governed and operated. Furthermore, the sole incorporated may also need to fulfill other requirements such as obtaining necessary licenses or permits, filing for federal and state tax identification numbers, and complying with any specific regulations or guidelines based on the nature of the business. While "Action by Sole Incorporated" is a general term, there can be different types of this action in Queens, New York, based on the specific circumstances or needs of the individual or corporation. Some variations may include: 1. Action by Sole Incorporated for a Nonprofit Corporation: If the sole incorporated intends to establish a nonprofit organization in Queens, New York, they would need to adhere to specific regulations and procedures tailored for nonprofit entities. These incorporate additional steps, such as obtaining tax-exempt status from the Internal Revenue Service (IRS) and adhering to guidelines for nonprofit governance. 2. Action by Sole Incorporated for a Professional Corporation: In certain professions, such as law, medicine, or architecture, professionals are required to incorporate as a professional corporation (PC) in order to limit liability and meet state regulations. The Action by Sole Incorporated for a Professional Corporation involves complying with specific requirements set by professional licensing boards and outlining the responsibilities and limitations imposed by such entities. 3. Action by Sole Incorporated for a Close Corporation: If the sole incorporated intends to establish a close corporation, which typically has a limited number of shareholders and fewer formalities compared to a traditional corporation, they would need to follow specific guidelines and provisions prescribed for close corporations under New York state law. In conclusion, Queens, New York provides an array of opportunities for individuals looking to establish a corporation. The Action by Sole Incorporated is a vital process that ensures compliance with legal and regulatory requirements, allowing the individual to legally form and operate their corporation in this vibrant borough.