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If you are planning to start a new business, there are chances that you’ve probably thought about incorporating it. It is true, that incorporating is a big step in your small how to start a business journey.

The investors, lenders, and the customers will definitely start taking your business seriously if your business is organized as a corporation. On the other hand, if you are using the “Inc” at the end of your business name there are chances that the shareholders will be enjoying the tax and liability advantages.

It is very important for you to know that incorporating a business will differ, based on which state you will be doing or incorporate your business.

We will be discussing certain steps with you of how you can incorporate your company and the best thing about it is that this isn’t really complicated.

Through this, you can be up and running as a corporation within a short span of time, if you follow the following steps.

Well, incorporating a company is not as difficult as it might seem. There is no doubt, that incorporating a company will definitely take one to six weeks, depending on where you are incorporating your limited company.

One of the most important things that you should know before incorporating a company is, that the incorporation is basically regulated at the state or the city level so make sure that you are actually aware of the local requirements.

In case, you have any particular doubts you can consult the business lawyers as they will be the perfect ones in guiding you. They can guide you on the general advice, and through interacting with the state secretary of state office.

Here are some of the basic steps that you should take while incorporating a business

Licensing and zoning laws:

It is very important for you to know the local business licensing along with the zoning laws in order to incorporate a company. Though, there are many businesses that are not needed to have any licensing and other laws such as, child care, and food service.

You have to make sure that you are following the local licensing and other zoning laws so that you don’t have to face any problems once you have established your corporation and start running it. Through all these things you can start your business without any restrictions and in a smooth manner.

The business name search:

The other important step that you are in need to take is selecting a unique name for your business organization.

The most important thing that you should know is you cannot keep the exact same name that the other business organization is using. Your local secretary of the state won’t let you do that. And if you go against these laws, certain legal actions can be taken against you.

By doing so there are many chances that the customers can get confused while looking for a particular business organization.

As a co-operation, it is very important for you to know that you will be in need to tag a signifier at the end of your business’s name.

File the articles of incorporation with the state:

Once you have formulated the articles and reviewed them, you are in need to file them with the state. At this time, you have to pay a particular fee of around $100 to $500 dollars. This fee is compulsory for everyone to pay.

For the filing process, you can go directly to their site and follow all the filing procedure that is described there in detail. On the other hand, there is an option that you can use if it looks convenient to you of using the incorporation services like Incfile, etc.

They will definitely help you out in drafting the article pf incorporation, and on your behalf, they will file it for you and will charge a particular amount of fee in return.

Maintain a corporate record book:

A corporate record book is one of the most important record books as here you can store all your documentation in order to show the state that you are operating in the agreement with the IRS and the state laws for the corporation. There are some important documentations that are a must for you to include in your corporate book of records.

Here are the documents that you must include in your record books:

A copy of the articles of the incorporation.
A copy of the corporate bylaws.
The stock transactions.
The documentation of the business loan.
All the annual reports.
All the copies of the contacts that the company enters into.
Shareholders, board and annual meeting.

There is no doubt, that you can store all your important documentation in the cloud or on your computers. The advantage of storing all the records online is that there are very fewer chances of loss and theft and the records will be much safer here.

The main motive of storing the records is that you just need them to be somewhere where you can easily produce them if your business gets audited.