To officially establish a company in the state of Pennsylvania, PA incorporation paperwork are required.
Important Pennsylvania Articles of Incorporation Data
To file for incorporation in the state of Pennsylvania, the following information is required:
Entity type: When filing for incorporation, you must specify your planned incorporation structure. The majority of firms are stock corporations. Non-stock firms do not issue shares, and stockholders are referred to as members rather than shareholders. A PA corporation may also be a cooperative, management corporation, professional corporation, statutory close company, or insurance corporation.
Name of the corporation: Corporate company names must be unique. The word corporation or incorporated must appear in the company name. It cannot include terms that do not adequately represent the business’s purpose.
Registered office: You must also specify your registered office on the articles of incorporation in Pennsylvania. This is the place where you will be accepting papers throughout regular business hours. If you do not want your information to be made public, you may use another site.
Listed incorporators: At least one incorporator must be listed in the PA company. It is possible to have many incorporators. The members who are obligated to observe the requirements outlined in the articles of incorporation are known as incorporators. Any anyone above the age of 18 may become an incorporator.
Shares available: If the company will incorporate shares, the documentation must specify the number of shares available. You are not required to allocate these shares right away. Additional shares may also be added at a later time.
Listed shareholders: A shareholder is a member who holds equity in the company. In Pennsylvania, corporations must have at least one shareholder.
Listed directors: The directors are members who have been chosen to govern the company on a daily basis. There must be at least one director, although this person does not have to be named.
Officers: The officers are elected members who administer the corporation’s day-to-day operations. There must be a president and a secretary, although other positions may be elected.
In most circumstances, the company becomes official on the day the forms are submitted with the state of Pennsylvania. It is possible to set an effective date that is later than the filing date.
Obtaining a Pennsylvania Incorporation
Filing for a Pennsylvania incorporation necessitates the submission of the necessary paperwork to the Pennsylvania Department of State. These articles provide the state with important information regarding the purpose and nature of the enterprise.
In the state of Pennsylvania, you may incorporate via one of many methods:
Mail: You may acquire a copy of the needed form by visiting the Corporations and Organizations website and downloading it. You may also contact (717) 787-1057 to get a copy of the form. Your forms may be sent to the Pennsylvania Department of State, PO Box 8722, Harrisburg, PA 17105-8722.
You may also submit the necessary paperwork online. Despite the fact that the system needs you to establish a username and password, this is the quickest and most convenient approach.
Along with your incorporation form, provide the following documents:
A copy of the completed docketing statement is required. This declaration also requires the possession of an employment identification number (EIN).
Copies of the permission to name appropriation, if applicable. This form is only required if you have been granted permission to use a corporate name that is similar to that of another registered corporation.
Documents proving government authorisation, if applicable. This form is only necessary if your company needs government permission.
For a charge, the filing procedure may be sped up. The quickest way to apply is online, however it may still take some time. Expediting the procedure results in a speedier approval, often within a few of hours. This necessitates a personal visit with an expedited form.
There is a filing cost of $125. This check should be submitted together with the application and any needed documentation. There may be an extra price if you want to accelerate the procedure, and this process cannot be accomplished through mail.
The last stage is to publicise your plan to incorporate. The state of Pennsylvania mandates that this information be published in at least two newspapers and one legal source.