How to Start a Corporation in Missouri

Starting a corporation in the state of Missouri comes with several advantages. Some of those advantages include the low operating cost and high return on investment.

The following step-by-step guide will show you how to start a corporation in Missouri.

1. Select a name for your corporation

Forming a corporation in Missouri all starts with deciding on a 베팅의민족 name. The 베팅의민족 name must meet corporate naming requirements in the state.

General corporate name guidelines

Some of the guidelines that must be adhered to when deciding on a name for your Missouri corporation include:

• The name must contain the words corporation, limited, company, inc., or an abbreviation of any of these terms
• Your Missouri corporation name must not include words that could confuse your 베팅의민족 with government agencies such as Treasury, FBI or State Department, etc
• Your Missouri 베팅의민족 name cannot imply that it is organized for any other purpose other than what your company’s Articles of Incorporation have outlined
• Your Missouri corporation name should not imply that your 베팅의민족 is formed for unlawful or illegal purposes
• Your Missouri corporation name should be different from existing 베팅의민족 names in the state. This also includes Missouri reserved names

When in need of additional guidance and direction on selecting a Missouri corporation name, refer to the .

Trademark

The likelihood of a 베팅의민족 name or brand being misused or stolen as a 베팅의민족 expands is high. Therefore, it is recommended that you trademark your 베팅의민족 name and brand to protect it from infringements. Refer to the to trademark your Missouri 베팅의민족 name.

Entity name

Some put, an entity name is your corporation’s legal name. The legal name of your corporation is the name that the state uses to identify your 베팅의민족 and is also the name that should be included in all formation documents.

DBA (Doing-베팅의민족-as) name

It’s against the law to transact 베팅의민족 under any other name aside from your 베팅의민족’s entity name. If you’d like to do so, you’ll first need to register the new name. The name that 베팅의민족 owners use aside from the legal 베팅의민족 name is often known as a fictitious, DBA or doing 베팅의민족 as name, or assumed name.

They need to be registered so the customer can identify the legal entities behind the names. You can file a DBA in Missouri by conducting a DBA name search using the state’s 베팅의민족 records. Once you’ve established that the DBA is indeed available, you can or and mail to the following address:

Corporations Division
P.O. Box 778
Jefferson City
MO 65102

2. Nominate a registered agent

The registered agent has an important role in your Missouri corporation. Their primary task or responsibility is to receive service of process, government correspondence, and compliance documents on your corporation’s behalf. Therefore, the registered agent needs to be at least 18 years of age or older, have a physical address in Missouri, and remain available during normal 베팅의민족 hours.

You may select any individual to serve as your corporation’s registered agent; however, the individual or natural person must consent to the appointment.

3. Appoint initial directors at the organizational meeting

You’ll need to call an organizational meeting before officially filing your company’s Articles of Incorporation. A few tasks will need to be undertaken during the meeting, such as creating approving bylaws, selecting initial directors, determining the corporation’s share structure, and executing an incorporator’s statement.

An essential part of this process is appointing initial corporate directors. Each Missouri corporation should have at least one initial corporate director to oversee the operations of the corporation until the first shareholders’ meeting. The corporate director is responsible for adopting, amending, and repealing operational bylaws in addition to electing, supervising, and removing corporate officers.

4. File Articles of Incorporation

Filing the Missouri Articles of Incorporation or Missouri Certificate of Incorporation officially sets up your 베팅의민족 in the state. This document should contain important information regarding a corporation, such as:

• The corporation’s name
• The corporation’s statement of purpose
• The corporation’s registered agent’s street address and name
• The number of authorized shares the company will be issuing
• The corporation’s duration and effective date
• The number of directors on the board
• The addresses and names of the company’s incorporators

Once you’ve put together the relevant information, go ahead and . You may also choose to and have it mailed to the following mailing address:

Corporations Division
P.O. Box 778
Jefferson City, MO 65102

5. Create and approve bylaws

Your corporate bylaws should include the following information:

• The process of negotiating contracts
• The date the shareholders’ annual meeting will be held
• How the corporate bylaws will be added and amended in the future
• How disputes will be handled
• How the corporate records will be managed and kept
• How meetings will be called
• How voting procedures will be conducted
• The responsibility of corporate directors and corporate officers
• How the corporation will be operated
• Responsibilities of the officers and directors

The bylaws do not need to be filed with the Missouri state’s office, but they are necessary for running your corporation competently.

6. Select a share structure

When forming a corporation in any state, you’ll need to choose a share structure. The unit of ownership of a corporation is represented by a share of stock. Every share of stock is indicated by a percentage of ownership of the corporation.

So if your corporation decides to issue stock or only issue one share of stock, then that shareholder owns a hundred percent of the corporation. Additionally, shares are structured into classes, with each class termed a shared class.

Furthermore, each share class holds a different set of rights and privileges, and a corporation may have multiple classes, with each class holding any number of shares.

7. Obtain an EIN

An EIN or employer identification number is required by law for all Missouri corporations. This is irrespective of whether you plan on hiring employees or not. The EIN is a federal tax identification number that the IRS or federal government issues to identify 베팅의민족 entities in the state.

Essentially, an EIN is useful in several circumstances, such as opening up a corporate bank account, filing paperwork for tax purposes, and hiring workers for your company. There are two ways to obtain an EIN.

The first method is to apply online on the , where you’ll receive your EIN immediately. The second option is to download the , complete it, and have it mailed to the following address:

Internal Revenue Service
EMPLOYER INDENTIFICATION NUMBER Operation
Cincinnati, OH 45999

8. File Missouri state taxes

Depending on your 베팅의민족 structure or 베팅의민족 type, you may be required to pay one or more corporate taxes:

• Corporate income tax: While the state of Missouri does have a corporate income tax, if income from your 베팅의민족 passes through you personally, then you are liable for taxation on your personal state tax return.
• Employer taxes: Any corporation planning on hiring employees will need to register for employer taxes in the state. This must be done through the .
• Sales tax: Any corporation selling physical products will need to register for a seller’s permit via the . The application results in a certificate that allows 베팅의민족es to collect sales tax on taxable goods.

9. Missouri 베팅의민족 licenses and permits

There’s no need to register for the statewide 베팅의민족 license in Missouri as they do not have one. However, this does not mean that the counties or cities where 베팅의민족 is conducted will not require certain permits and licensing to allow you to legally operate:

• Merchant’s license: In addition to the state 베팅의민족 tax registration, you are required to obtain a Merchants license in several counties in Missouri. This applies to corporations involved in retail sales or merchandise.
• Professional license: Professional corporations usually offer services such as electrical contractors, interior designers, accountants, and more. These corporations will require a professional license in order to legally operate and offer their services in the state.

10. Annual report requirements in Missouri

Annual reports are required by all Missouri corporations. The annual report form must be filed within 30 days of registering your Missouri corporation. After that, filing needs to be done every year in the month that the corporation was incorporated. You may or, alternatively, call the and request a paper form.

11. Costs of starting a corporation in Missouri

The filing fees below apply to all Missouri corporations:

• : $25
• DBA name: $7
• Articles of Incorporation: $58
• Annual report: $25
• : $10

Next steps after forming a corporation

Once your Missouri incorporation is legally formed, you’ll need to complete a few additional steps to maintain your 베팅의민족:

Open a 베팅의민족 bank account

You’ll want to separate your 베팅의민족 from your personal and professional finances and expenses. Since your corporation is a separate legal entity, it’s advisable to do so. It also streamlines the process of accounting and tax filings.

Additionally, you won’t be able to enjoy the benefits of incorporating as a separate entity unless you separate your personal funds from your 베팅의민족 funds.

Consider electing S corporation status

All corporations are taxed as C corporations by default. However, some corporations, especially small 베팅의민족es, may benefit from electing S corporation status:

By electing S corporation status, you’ll avoid double taxation. It’s often the best choice for small 베팅의민족es, and in order to do so, you need to file : S – Corp. Election with the Internal Revenue Service

If you keep your default C corporation status, then you’re liable for double taxation, which means that the corporation pays taxes on profits and additional taxes on their distributions.

FAQs

How do I limit personal liability when starting a corporation?

There are a few ways to limit personal liability or gain liability protection. For one, you could register your 베팅의민족 as an 베팅의민족 텐카지노 or S corporation. Alternatively, a C corporation may obtain general liability insurance and keep 베팅의민족 and personal assets separate.

Is a limited liability company and sole proprietorship the same?

A limited liability company is a legally separate 베팅의민족 entity from its owners. Additionally, it does combine elements of a corporation, partnership, and sole proprietorship. A sole proprietorship is, however, a much simpler 베팅의민족 structure to form with less paperwork involved.

What type of 베팅의민족 requires a board of directors?

The rules for organization vary from state to state; however, C corporations, S corporations, as well as nonprofit corporations are required to have a Board of Directors by law. Rules pertaining to each state determine how many directors need to be on the board.

What is in the state to start a corporation in?

Several states have specific laws that make them more attractive for corporations. However, as a general rule of thumb, the best state to incorporate is where you are located and plan on doing the most amount of 베팅의민족.

What is the best type of corporation for startups?

The best type of corp for startups is C corporations. This is because there are other 베팅의민족 structures and types of corporations; however, unlike C corps, they do come with various challenges that lots of new 베팅의민족 owners prefer to avoid.