Understanding the Differences between Articles of Association and Articles of Incorporation

When starting a new business, it is essential to have a legal system in place. Einer der ersten Schritte ist die Einreichung der entsprechenden Gründungsdokumente beim Staat. Articles of association and articles of incorporation are the two most common types of formation documents. These documents have distinct differences, even though they sound similar. Es ist Artikel der Vereinigung An Article of Association ist ein Dokument, das die internen Regeln und Vorschriften einer Organisation beschreibt. Typically, it is used by non-profit groups like clubs, societies, or charities. In the document are outlined the governance and management of the organization, including the roles and responsibilities of members, board of directors, and officers. In addition, it outlines the methods by which meetings will be held and decisions will be made. Artikel der Gründung In contrast, a corporation is formed by articles of incorporation, which is a legal entity distinct from its owners. This document is filed with the office of the Secretary of State in the state where the company is founded. The articles of incorporation establish the company’s name, address, purpose, and the number and kinds of shares of stock that the corporation is permitted to issue. In addition, it describes the corporation’s structure and governance, including the roles and responsibilities of the board of directors, officers, and shareholders. How to File an Organizational Article An organizational article is a document filed with the state in order to form a limited liability company (LLC). While the requirements for filing an organization article vary by state, they typically include the company’s name, address, registered agent, and the names and addresses of the owners (also called members). Ein Statement of Purpose für die LLC kann in einigen Bundesstaaten erforderlich sein. When Can You Be Incorporated in California? Es ist A company in California can incorporate at any time after the formation documents have been filed with the office of the Secretary of State. In der Regel umfasst die Gründung des Unternehmens das Absenden von Gründungsdokumenten, das Erlangen einer Identifikationsnummer für die Bundessteuer und das Erstellen von Geschäftsordnungen. In addition, the company will be required to file a preliminary statement of information with the office of the Secretary of State. Do you have to pay the $800 California LLC annual fee? Yes, if you are a limited liability company (LLC) registered in California, you must pay the Franchise Tax Board an annual tax of $800. Tax is due on the 15th day of the fourth month following the beginning of the company’s tax year. Für die meisten LLCs ist das Steuerjahr das Kalenderjahr, was bedeutet, dass die Steuer bis zum 15. April fällig ist. Was ist eine Form 568? Es ist In Kalifornien müssen LLCs jährlich Form 568 einreichen. In the tax year, the company’s income, deductions, and credits are reported in this form. Außerdem berechnet es den gesamten Steuerbetrag, den das Land zahlen muss. LLCs are required to file the form by the fifth day of the fourth month following the end of the tax year. Es kann zu Bußgeldern und Zinszahlungen kommen, wenn Sie die Steuererklärung nicht rechtzeitig erstellen oder bezahlen. Finally, articles of association and articles of incorporation are used for different purposes, even though they sound similar. Non-profit organizations typically use articles of association, while corporations use articles of incorporation. While the requirements for filing an organizational document vary by state, they generally include the company’s name, address, registered agent, and the names and addresses of the owners. LLCs in California müssen jährlich $800 a Steuern zahlen und Form 568 erstellen.