Principal Office: This is your main business office, which must be a street address. Officers and Directors: Include the name and business address of your corporation’s president, treasurer, secretary and directors.įiscal Year End: If you plan to use a regular calendar year, enter “December 31st.” If you’d prefer a fiscal year that ends in another month, put the last day of the month, such as “June 30th.”īusiness Description: You don’t have to write a sentence, just include a few words to describe your business, such as “auto parts dealer” or “janitorial service.” The registered office is the street address in Massachusetts where the registered agent is reliably available. Your registered agent can be an individual resident of Massachusetts or an authorized business. Registered Agent and Office: Your Massachusetts registered agent accepts service of process and legal notifications for your corporation. In this section, you’ll provide information such as your registered agent, directors, and principal office. Article VIII: General Business Information.Most corporations are formed upon approval of their filing, but if you’d like a future effective date, you can choose a date within 90 days of filing. Your effective date is the date your Massachusetts corporation begins its existence. For example, shareholders in Massachusetts don’t have preemptive rights to acquire unissued shares unless the corporation specifically designates this privilege. If you want to include any other provisions for your Massachusetts corporation, you can add them here. For example, you could require that holders of certain share types give the corporation the first opportunity to acquire the shares. If you want restrictions on transferring shares, you must specify them. If you want to limit the number of any kind of share or set a minimum price a share can be issued at, you can make these designations as well. For example, common stock typically includes voting rights, but preferred stock typically waives voting rights in lieu of perks like guaranteed dividends and priority payouts in case of bankruptcy or liquidation. If you choose to have classes or series of shares, you’ll also need to specify the rights and limitations of each. Article IV: Classes and Series of Shares.If you want different types of stock, such as common and preferred stock, you’ll also need to designate how many of each of these shares you’re creating. Par value is the initial price of the share. In your Articles, you need to include the total number of shares and their par value (if any). When creating your corporation, you also create or authorize shares of stock. Your corporation automatically has the general purpose of “engaging in any lawful business” but if you’d like, you can include a more specific purpose to describe your business activities. Check the availability of your name by searching the Massachusetts Corporate Database. You must include one of the following words or abbreviations in your Massachusetts corporation’s name: Corporation, Incorporated, Company, Limited, Corp., Inc., Co., or Ltd. What to Include in Your Articles of Organization The information you provide for the eighth Article can be changed without filing an amendment to the Articles (although other filings may be required). The first seven Articles are permanent, so any future changes require you to file an amendment with the Corporations Division. This document is divided into eight sections called Articles. Submitting your Articles of Organization is the first step to incorporating in Massachusetts. We scan documents daily so your corporation never misses an important noticeįind all your scanned documents along with useful business forms, pre-filled with your Massachusetts corporation’s current information.įrom bylaws to initial resolutions, we give you the documents you need to incorporate your business and open a corporate bank account. We provide you with a full YEAR of our expert registered agent service. We give you everything you need for only $414! However, at Massachusetts Registered Agents LLC, we offer a hassle-free, total incorporation package. Figuring out the forms and procedures can be a hassle. Much like Massachusetts itself, incorporating in the commonwealth is a process that’s steeped in history and tradition and yet constantly changing and progressing. Submitting Massachusetts Articles of Organization.Curious about creating a corporation in Massachusetts? While the process varies depending on the specifics of your business, the typical incorporation process includes:
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