Although starting a business is a thrilling endeavor, there are numerous legal criteria that must be met. The ability to demonstrate your company’s existence is among the most crucial needs. The Articles of Incorporation, registered agents, and other legal processes are used to prove the existence of your firm. In this article, we’ll respond to some of the most often asked queries about establishing a business’s existence.
A corporation’s existence is formally declared via its articles of incorporation. They are submitted to the Indiana Secretary of State’s office and include crucial details like the name, function, registered agent, and quantity of shares that the corporation is permitted to issue. A important document for demonstrating a corporation’s existence is the Articles of Incorporation. In Indiana, is I allowed to act as my own registered agent?
In Indiana, you are permitted to act as your own registered agent. A registered agent is a person or organization that accepts legal paperwork for a corporation, such as lawsuits and subpoenas. The name and address of the registered agent shall be set forth in the Articles of Incorporation. You must have a physical address in Indiana where you can receive legal documents during regular business hours if you decide to act as your own registered agent.
Similar to articles of incorporation, articles of association are used for numerous kinds of businesses, including partnerships and non-profit organizations. The best place to start looking for your company’s articles of association is through the relevant state agency. All registered businesses in Indiana must have their Articles of Association maintained with the Secretary of State’s Office. On their website, you can use your company’s name or registration number to search for the Articles of Association.
Several variables, including the kind of business you’re founding and whether you engage a professional to assist you with the procedure, affect how much it costs to incorporate an LLC in Indiana. The Indiana Secretary of State’s office charges $95 for the filing of articles of organization. You can anticipate paying more for the assistance of a professional service if you decide to use their services.
In conclusion, establishing the legitimacy of your company requires a number of legal formalities, such as registered agents, articles of incorporation, and more. These records are essential for creating the legal identity of your company and safeguarding your personal information and assets. Understanding the criteria and processes for demonstrating a company’s existence can help you put your enterprise on the right path from the beginning.
Online LLC filings in Indiana normally take 5-7 business days to process, whereas paper filings take 7–10 business days. However, there is an extra charge for expedited processing. The processing time may change based on the workload of the Indiana Secretary of State’s office, it is crucial to remember.