When starting a new business, one of the first steps is to register with the Vermont Secretary of State. This can be done by filing articles of incorporation, which establishes your business as a legal entity. Here's what you need to know about filing Vermont articles of incorporation.
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Step 1: Choose a name for your corporation
Your first step is to choose a name for your corporation that is not already in use in Vermont. Check the Secretary of State's website to ensure your name is available. Your corporation's name must include words like "corporation," "incorporated," or "limited."
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Step 2: Hire a registered agent
Your next step is to hire a registered agent who will receive any legal notices and correspondence on behalf of your corporation. The registered agent can be an individual or a company.
Step 3: Gather information for the articles of incorporation
The next step is to gather the necessary information for your articles of incorporation. Vermont requires the following information:
- Corporate name and address
- Purpose of the corporation
- Name and address of the registered agent
- Name and address of the incorporator
- A statement of the corporation's authorized shares
- Any other provisions to be included in the articles of incorporation
Step 4: Draft and file the articles of incorporation
With all the necessary information collected, you're ready to draft and file your articles of incorporation. There are two ways to submit the articles:
Online filing
You can file the articles of incorporation online through the Secretary of State's website. The website will walk you through the process step-by-step. Be sure to have a credit card ready to pay the filing fee.
Paper filing
If you prefer to file using paper, you can download the articles of incorporation form from the Secretary of State's website. Fill out the form completely and accurately, and then mail it along with the filing fee to:
Vermont Secretary of State
128 State St.
Montpelier, VT 05633-1103
Step 5: Pay the filing fee
The filing fee for articles of incorporation in Vermont is $125. You can pay the fee online when filing electronically, or by check if filing by mail.
Step 6: Wait for confirmation
After submitting your articles of incorporation, expect to wait up to 10 business days for confirmation from the Secretary of State. Once you receive confirmation, your business is officially registered with the state of Vermont.
Conclusion
Filing articles of incorporation is an important early step for any new business. The process can seem daunting at first, but with the above steps, you can make the process hassle-free. Taking these steps will ensure that your newly-formed business is officially recognized by the state of Vermont.
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