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CORPORATION KIT

The Complete Business Incorporation Kit
TABLE OF CONTENTS

List of Forms Table of Contents Introduction Buy Now

CHAPTER
TITLE
PAGE
INTRODUCTION1-2
Chapter OneDOING BUSINESS AS A CORPORATION3
 WHAT IS A CORPORATION?3
 THE ADVANTAGES OF A CORPORATION3
 1. Limitation of Liabilities3
 2. Continuity of Existence3
 3. Enhanced Financing Capabilities3
 4. Multiple Tax Advantage3-4
 5. Transferability of Ownership4
 6. Diversity of Ownership4
 THE DISADVANTAGES OF A CORPORATION4
 1. Initial Start-Up Costs4
 2. Greater Governmental Supervision4
 3. Record Keeping Requirements4
 4. Liability Exposure4-5
 5. Higher Tax Rate5
Chapter TwoTHE CORPORATE FUNCTION7-10
 1. The Corporate Powers7
     a. Express Powers7
     b. Implied Powers7
         Ultra Vires Transaction7
 2. The Keeping of Records7
 3. Actions by Resolutions7-8
 4. Stockholder's Liability8
     a. The Alter Ego Theory8
         One Person Corporation8
     b. Under-capitalization8
     c. Respondeat Superior8-9
 5. Corporate Capitalization9
     a. No Par Value Common Stock9
     b. Par Value Common Stock9
     c. Par Value Preferred Stock9
     d. Preemptive Rights9-10
Chapter ThreeA DELAWARE CORPORATION11-12
 1. What is a Delaware Corporation?11
 2. What Are the Advantages?11
 3. What Are the Disadvantages?11
 4. What Are the Basic Requirements?11
 5. How To Operate Locally With a Delaware Corporation11-12
 Name and Address of the Corporate Agent12
Chapter FourA NEVADA CORPORATION13-14
 1. What is a Nevada Corporation?13
 2. The Advantages of a Nevada Corporation13
 3. The Disadvantages of a Nevada Corporation13
     a. Dual Registration13
     b. Multiple Fees and Reports13
     c. Additional Corporate Requirements13
     d. OVERVIEW13-14
     e. Name and Address of the Corporate Agent14
Chapter FiveORGANIZING THE CORPORATION15-16
 1. The Corporate Name15
 2. The Articles of Incorporation15
 3. The Bylaws15
 4. The First Meeting of the Incorporators15
 5. The First Meeting of the Board of Directors15-16
 6. Conflicts of Interest16
Chapter SixTHE SALE AND ISSUANCE OF STOCK17-20
 1. What is Unregistered Stock?17
 2. What is Going Public?17
     a. Advantages of Going Public17
     b. Disadvantages of Going Public17-18
 3. How Do You Go Public?18
     Registration Requirements18
         Interstate18-19
         Intrastate19
 4. Alternatives To Going Public19
     a. Rule 146 Offering19
     b. Regulation A Offering19-20
     c. Rule 240 Offering20
Chapter SevenA SUBCHAPTER S CORPORATION21-22
 HUSBAND AND WIFE STOCKHOLDERS21
 ADVANTAGES AND DISADVANTAGES21-22
 ADVANTAGES21
 1. Income Tax Savings21
 2. Liability Limitations21
 3. Corporate Losses21
 4. Reduced Income 21
 5. Foreign Taxes21
 DISADVANTAGES21
 1. Taxable Income21
 2. No Tax Shelter21-22
 3. Capital Losses22
 4. No Fringe Benefits22
 5. Calendar Tax Year22
 6. Limitation On Passive Income22
 7. Additional Taxes22
 8. Prohibited Stockholders22
Chapter EightDESCRIPTION OF THE FORMS23-29
 Articles (or Certificate) of Incorporation
 
1. Form ACP-1001aArticles of Incorporation, Page 1 (Basic Set)24
2. Form ACP-1001bCertificate of Incorporation (Delaware and Nevada)24
3. Form ACP-1002Page 2 of the Articles (or Certificate) of Incorporation24
4. Form ACP-1003aPage 3 of the Arizona Articles of Incorporation24
5. Form ACP-1003bPage 3 of the Basic Articles of Incorporation24
6. Form ACP-1003cPage 3 of the Texas Articles of Incorporation24
7. Form ACP-1003dPage 3 of the Michigan/Wisconsin Articles of Incorporation24
8. Form ACP-1004Page 4, Notary Acknowledgement, Articles or Certificate24-25
9. Form ACP-1020California Articles of Incorporation, Page 125
10. Form ACP-1021Page 2 of the California Articles of Incorporation25
11. Form ACP=1030Colorado Articles of Incorporation, Page 125
12. Form ACP-1031Page 2 of the Colorado Articles of Incorporation25
13. Form ACP-1032Page 3 of the Colorado Articles of Incorporation25
14. Form ACP-1040New York Certificate of Incorporation, Page 125
15. Form ACP-1041Page 2 of the New York Certificate of Incorporation25
16. Form ACP-1042Page 3 of the New York Certificate of Incorporation25
Procedural Form
Form ACP-2000Consent of Statutory Agent25
Corporate Bylaws25-27
1. Page 1 of the Corporate Bylaws26
2. Page 2 of the Corporate Bylaws26
3. Page 3 of the Corporate Bylaws26
4. Page 4 of the Corporate Bylaws26
5. Page 5 of the Corporate Bylaws26-27
6. Page 6 of the Corporate Bylaws27
Notices, Waiver of Notices and Minutes27-29
1. Form ACP-4000Waiver of Notice of the First Meeting of the Incorporators27
2. Form ACP-4001Minutes of the First Meeting of the Incorporators27
3. Form ACP-4002Waiver of Notice of the First Meeting of Directors27
4. Forms ACP-4003a-bMinutes of the First Meeting of Directors (2 Pages)27
5. Form ACP-4004Notice of the Monthly Meeting of Directors27
6. Form ACP-4005Waiver of Notice of the Monthly Meeting of Directors28
7. Forms ACP-4006a-bMinutes of the Monthly Meeting of Director28
8. Form ACP-4009Notice of the Annual Meeting of the Stockholders28
9. Form ACP-4010Waiver of Notice of the Annual Meeting of the Stockholders28
10. Forms ACP-4011a-bMinutes of the Annual Meeting of the Stockholders (2 Pages)28
11. Form ACP-4012Notice of the Annual Meeting of the Board of Directors28
12. Form ACP-4013Waiver of Notice of the Annual Meeting of the Board of Directors28
13. Forms ACP-4014a-bMinutes of the Annual Meeting of the Board of Directors (2 Pages)28
14. Form ACP-4015Notice of the Special Meeting of Directors28
15. Form ACP-4016Waiver of Notice of the Special Meeting of the Board of Directors28
16. Form ACP-4017Minutes of the Special Meeting of the Stockholders28
17. Form ACP-4015Notice of the Special Meeting of the Stockholders29
18. Form ACP-4016Notice of the Special Meeting of the Stockholders29
19. Form ACP-4017Minutes of the Special Meeting of the Stockholders29
20. Form ACP-5000Corporate Resolutions (Blank)29
21. Form ACP-6000The Medical Care Reimbursement Plan29
22. Form ACP-6001Resolution Ratifying Medical Care Reimbursement Plan29
23. Form ACP-7000Stock Certificate29
24. Form ACP-7001Stockholder's Proxy29
25. Form ACP-7002Stock Ledger and Transfer Journal29
OVERVIEW29
Chapter NineFORMING, FILING AND OPERATING THE CORPORATION31-36
 
Step One.Selecting the Name31
Step Two.Selecting the Forms31
 a. Selecting the Articles (Certificate) of Incorporation31
     1. For States other than Arizona, California, Colorado,
        Delaware, Michigan, Nevada, New York, Texas or
        Wisconsin		31
     2. For the State of Arizona31
     3. For the State of California31
     3. For the State of Colorado31
     3. For the State of Delaware31
     3. For the State of Michigan31
     3. For the State of Nevada31
     3. For the State of New York31
     3. For the State of Texas31
     3. For the State of Wisconsin31
 b. The Consent of the Corporate Agent32
 c. Other State Required Forms32
OVERVIEW32
Step Three.The Preparation of the Forms32-33
 A. No Par Value Stock33
 B. Par Value Common Stock33-34
 C. No Par Value Common and Par Value Preferred Stock34
 D. Statutory (Resident) Agent34
 E. Fiscal Year34
Step Four.Filing, Publishing and Recording the Articles34
Step Five.The First Meetings34-35
Step Six.The Legal Operation of the Corporation35
Step Seven.The Annual Meeting of the Stockholders and Directors35
 Stockholder's Proxy36
 Conclusion36
DIRECTORY OF STATE INCORPORATION DEPARTMENTS37-38
APPENDIX A (Completed Examples)39
Index To Appendix A41-42
Completed Examples43-108

List of Forms Table of Contents Introduction Buy Now
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