INCORPORATION CHECKLIST

Read the WARNING! first.

INCORPORATION CHECKLIST

Determine:

Identity of officers and directors Proper capitalization of corporation (money, property and/or services) Special features needed in Articles of Incorporation and By-laws Compliance, license and regulatory requirements for particular line of business

Prepare:

Articles of Incorporation Certificate of Disclosure By-laws Shareholders' Agreement (buy-sell, management) Minutes of Organizational Meeting Subscription Agreement Application for Employer Identification Number (SS-4) Corporate Record Book Stock Transfer Ledger Stock Certificates

Select:

Accountant (CPA) Banker Insurance agent - auto Insurance agent - life Insurance agent - health Insurance agent - commercial general liability

Determine Need For:

Transaction Privilege (Sales Tax) License Fictitious Name Registration (trade name) Trade Name Registration Sub-Chapter "S" status

Learn:

How to execute documents on behalf of corporation "Piercing the corporate veil" rules How to properly prepare corporate minutes When to obtain legal and/or accounting advice before entering into transaction Whether forms used in business should be reviewed by attorney Laws, rules and regulations applicable to company's line of business How to properly dissolve and liquidate corporation