Review your current articles of incorporation before making any alterations to make sure you know what has to be changed. You may wish to speak with a lawyer or a business counselor if you are unsure of what modifications need to be done.
You must draft your updated articles of incorporation after you are aware of the necessary adjustments. Along with the required filing fee, these documents must be sent to the Wisconsin Department of Financial Institutions (DFI).
The next step is to submit your amended articles of incorporation. You must fill out the Articles of Amendment form and submit it to the DFI in order to file your modified articles of incorporation. This form has a $50 filing charge. Your form can be submitted in person, by mail, or online.
Step 4: Update Additional Records You must update your company records to reflect the amendments once your modified articles of incorporation have been submitted and approved. This could involve changing your company name with the IRS and other regulatory bodies, as well as your business licenses, permits, contracts, and agreements.
Depending on the type of business you are registering in Wisconsin, there are different fees involved. For instance, a domestic corporation must pay $100 in filing fees but a foreign firm must pay $150. An LLC must pay a filing fee of $130. Additional charges for expedited processing or other services can also be necessary. Is a Wisconsin Certificate of Status Required?
A Wisconsin Certificate of Status, often called a Certificate of Good Standing, is a document that attests to the fact that your company complies with all applicable state laws. Although this document is not required by law, lenders, investors, or other parties could ask for it to see if your firm is operating legally. A Wisconsin Certificate of Status costs $10 to get. What is Wi Certificate Service, exactly?
You can acquire and obtain certified copies of corporate documents, such as the articles of incorporation, through the Wisconsin DFI’s Wi Certificate Service by mail or online. This service costs $10 for per document.
Visit the DFI website and use the Business Search tool to look up your company to determine the status of your LLC in Wisconsin. You can use this tool to view your company’s status, including whether it is active or inactive, as well as other details like registered agents and filing history. Additionally, you can ask for a Wisconsin Certificate of Status to confirm the legitimacy of your company.
A nonprofit in Wisconsin is not required to have a certain number of board members. For good governance and decision-making, a nonprofit should have a board with at least three members. The nonprofit’s bylaws or articles of organization can be used to establish and specify the exact number of board members.