Steps in the Incorporation Process

Steps in the Incorporation Process

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The video tutorial outlines the steps to incorporate a corporation, starting with understanding jurisdictional requirements and using the Secretary of State's website for online filing. It covers reserving a corporation name, filing articles of organization, appointing a registered agent, setting office location, authorizing stock, paying filing fees, and registering as a foreign entity if needed. The process concludes with receiving a charter and establishing the corporation's governance structure.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the first step in bringing a corporation into existence?

Paying the franchise fee

Understanding jurisdictional requirements

Filing the articles of organization

Reserving the corporate name

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can you ensure the corporate name you choose is available?

By checking with the local business bureau

By searching the directory of names on the Secretary of State's website

By consulting a legal advisor

By submitting a name request form

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What information is required when filing the articles of organization?

The name of the incorporator and registered agent

The company's marketing strategy

The company's financial projections

The company's mission statement

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What must be done if you plan to operate in states other than where you filed?

Pay additional franchise fees

File as a foreign entity in those states

Re-file the articles of organization

Change the registered agent

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What document signifies the official existence of a corporation?

The certificate of incorporation

The business license

The corporate charter

The articles of organization