Types of Companies
Incorporate in Pennsylvania
Corporate Name Endings
* The name may be in any language but must be expressed in English letters or characters or Arabic or Roman numerals; shall contain word "corporation," "company," incorporated," or "limited" or an abbreviation.
Articles of Incorporation RequirementsDirector Information
- Minimum Number - One or more.
- Residence Requirements. - No provision.
- Age Requirements - Must be 18 or older.
- Directors are not required to be listed in the articles of incorporation.
- The officers are not required to be listed in the articles of incorporation.
- No extra filing fees based on number of share or amount of par value.
Yearly RequirementsAnnual Statements - based on the amount of stock.
- Basis. Capital stock value is (1) the product of one-half times the sum of a corporation's average net income capitalized at 9.5% plus 75% of such corporation's net worth (2) minus $100,000 [72 P.S. S:7601]. Algebraically, capital stock value equals [(.5) * ((average net income/.095) * (.75 * (net worth)) - $100,000)]. Net worth is the sum of the corporation's issued and outstanding capital stock, surplus, and undivided profits as of the close of the tax year. Minimum tax is $300.
- 9.9% of taxable income.
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