Corporate Name Endings
* The corporate name must include the word "corporation," "incorporated," "company," or "limited," or abbreviation "corp.," "inc.," "co.," "ltd." The name must not imply a purpose other than the purpose stated in charter. The name must be distinguishable from the name of any other domestic corporation or of any foreign corporation authorized to do business in state. Name must not include certain enumerated words indicating that it is bank or savings and loan or any other words or phrases prohibited by any state statute.
Director Information
- Minimum Number - One or more.
- Residence Requirements. - No provision.
- Age Requirements - None.
- 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.
Annual Statements
- File statement with Secretary of State on or before expiration of the corporation's corporate license, or not less than 30 days or more than 90 days prior to the expiration date of any staggered yearly license. Secretary of State mails notice to each domestic corporation that its annual license fee must be paid. Annual license fee is $50 ($10 for inactive corporations), payable to the Secretary of State.
- No income tax.

