Sun Corporate Filings can help you form a Indiana corporation with the Indiana Secretary of State on an expedited basis. To form a corporation in Indiana or form a Indiana subchapter S corporation, you must file the Indiana Articles of Incorporation with the Indiana Secretary of State. Sun can incorporate your Indiana S corporation or register your C corporation in Indiana so you can spend your time focusing on your Indiana corporation's success.
We can form a Indiana general stock corporation or a Indiana Subchapter (Indiana S Corp.) corporation for you at a low cost. Let us make the Indiana incorporation process quick and painless for you by preparing and filing the Indiana Articles of Incorporation with the Indiana Secretary of State on your behalf.
To form a Indiana corporation online, click here to see the costs and time turnaround options for Indiana corporations.
How do I form a Indiana Corporation?
There is no need to ask, "How do I form a Indiana Corporation?" because we know how to incorporate in Indiana form start to finish. First, we check corporate name availability with the Indiana Secretary of State. Second, we prepare the Indiana Articles of Incorporation. Third, before we form the Indiana corporation, we verify that the Articles of Incorporation are free of errors. Fourth, we file the Articles of Incorporation with the Indiana Secretary of State. Fifth, when the Indiana Secretary of State files the Indiana Articles of Incorporation, we will return the filed document to you. We make forming a corporation in Indiana simple and fast!
What are the advantages of forming a Indiana Corporation?
There are many advantages of forming a Indiana corporation. To begin with, there is the protection of the "corporate veil" that provides limited liability to the owners (shareholders). The shareholders are not personally liable for debts and obligations of the corporation. They can personally lose only to the extent of their investments in the Indiana corporation form purchasing stock. Since the Indiana corporation is an independent legal entity, the Indiana corporation has continuous existence. It does not cease to exist simply because one of the shareholders dies or retires. In addition, corporations are the most well known and widely recognized type of business entity. Corporations often have an easier time setting up insurance, retirement funds, profit-sharing, pension, and stock option plans than other business entities.
When you form a Indiana corporation, the owners (shareholders) are not personally liable for the debts and obligations of the Indiana corporation. Ownership in a Indiana corporation is more easily transferable than other business entities. Under most circumstances, shares of stock can be sold without restriction to a third party without having to obtain consent from the Indiana corporation itself. Another advantage of forming a Indiana corporation is that capital can be raised more easily than other forms of business entities through the sale of stock.
How do I obtain an EIN or Employer Identification number or Tax Payer ID number for my Indiana Corporation?
After we form a Indiana corporation on your behalf, we offer supporting services. We can obtain an employer identification number (an EIN) for your Indiana corporation. An EIN is required to open a bank account, hire employees, and to start business credit for your Indiana corporation. If you purchase our Indiana premium package, EIN obtainment is included for your Indiana corporation.
How do I form a Indiana S Corporation?
If you want to form a Indiana S corporation or Indiana sub chapter S corporation, we can prepare the form required to obtain S corporation status with the IRS. It is important to understand that your Indiana S corporation starts as a general stock corporation (C corporation). To obtain or to form a Indiana S corporation, you must file for subchapter S status with the Internal Revenue Service (IRS). Forming a Indiana S corporation simply means the corporation is taxed like a partnership or LLC with a pass through tax structure. Make sure to check with your accountant or the IRS for limitations or read about Indiana C corporations below. By obtaining S corporation status in Indiana, it eliminates double taxation and the corporation generally does not file a tax return. On their tax return, the Indiana S corporation's shareholders include their share of the Indiana Corporation's separately stated items of income, deduction, loss, and credit, and their share of non-separately stated income or loss.
What are the advantages of a C Corporation in Indiana?
Generally most people form Indiana C corporations that plan on publicly trading the corporation's stock. Since Indiana S corporations cannot have more than 75 shareholders, choosing to maintain a Indiana C corporation allows for 76 shareholders or more. A Indiana C corporation can have multiple classes of stock such as preferred and common shares. A Indiana C corporation will be double taxed since both the corporate entity and the individual owners have to file tax returns. For this reason alone, many will find Indiana S corporations desirable. However, a Indiana S corporation can only be owned by individuals that are U.S. citizens or registered aliens, issue only one type of stock, and are limited to no more than 75 shareholders.
To form a Indiana corporation online, click here to see the costs and time turnaround options for Indiana corporations.
How do I obtain or prepare corporate bylaws for my Indiana Corporation?
Often times, you can hire an attorney or paralegal to prepare the corporate bylaws for your Indiana corporation but that could be very costly. If you purchase our premium package, Sun will prepare the initial bylaws (standard language) for your Indiana corporation and include meeting minutes (MS Word format) that you can prepare as needed.
What are the corporate bylaws and why are they so important for my Indiana corporation?
The corporate bylaws serve as a blueprint for your Indiana corporation The bylaws contain the rights, privileges, and powers of the officers, directors, and shareholders. Most Indiana bylaws contain the number of directors and their names. Indiana bylaws also contain the names of the officers for the titles: President, Vice-President, Secretary, and Treasurer/Chief Financial Officer (CFO). The bylaws normally outline how the bylaws can be amended or changed at a future date.
Another important part of Indiana corporation bylaws is to create "rules" on how the Indiana corporation can open a bank account, take out loans, write checks, enter into contracts, obtain business credit, and issue stock certificates to its shareholders. Most Indiana bylaws will reference a list of shareholders in alphabetical order that includes Indiana shareholder's names, addresses, titles held with the Indiana corporation, and the amount of shares the shareholder owns in the Indiana corporation.
What is a Indiana corporate seal?
After the Indiana corporation prepares its bylaws or has Sun prepare the bylaws, the Indiana corporation will need a corporate seal. What is a Indiana corporate seal? A corporate seal is a handheld device that imprints paper with the corporation's name, state of formation, and date the Indiana corporation was formed. Many banks and other lending institutes require Indiana corporations to possess and use a corporation seal on business documents or loan papers. All Indiana corporation kits that Sun sells contain a handheld corporate seal embosser.
What is a Indiana corporation kit?
The Indiana corporate kit is typically a hardbound binder that contains all of the Indiana corporation's important documents such as the Indiana Articles of Incorporation and bylaws. All the Indiana corporation kits that Sun sells include having the Indiana corporation's name hot stamped (professional imprint of the Indiana corporation's name) on the spine. Most Indiana corporation kits come with a slipcase to keep the binder safe. Some corporate kits are made with a slipcase built in. The choice is yours.
Another important part of a Indiana corporate kit is stock certificates. All of the Indiana corporate kits that Sun sells contain 20 custom stock certificates that include the Indiana corporation's name, the amount of shares, the par value the corporation is authorized to issue, and
the title of President and Secretary below the signature lines. If you have already formed your Indiana corporation, you can order a Indiana corporate kit by clicking here. We have a selection of high quality kits that come in array of styles and colors. Best of all, standard shipping is always free.
Now that you have formed your Indiana corporation, obtained your EIN from the IRS, decided upon whether to elect S corporation status or remain a C corporation, prepared the Indiana bylaws, issued shares of stock, and used your seal embosser, it is time to verify which local city and/or county tax licenses your business will need. The best place to start is your city hall or county recorder's office. Take the time to verify your areas business licensing requirements. For those of you who plan to run your Indiana corporation out of your home, check with your city or county to find out if a work at home permit is required. Once your licensing requirements are met, it is time to start operating your Indiana corporation.
To form a Indiana corporation online, click here to see the costs and time turnaround options for Indiana corporations.
We wish you the best with your Indiana corporation business venture! Questions? 888 595-2747