Incorporating in Connecticut is an easy procedure if you know how to do it, if you hire a good experienced attorney, or if you hire the services of the numerous online firms that offer to help you incorporate in any of the states.

Connecticut Incorporating Information: It is necessary to have decided on the kind of corporation you are going to form and to take the required steps to form a legal entity. This will be much easier if you have the help of a lawyer. Deciding and registering a name for your entity is another important step. Care should be taken to see that the names is not a copy of any other registered business in Connecticut or that it is not in the reserved list either and must be formed in compliance with the applicable laws of the state. The name must end in the words or abbreviations of the words “Incorporated,” “Corporation,” “Limited,” “Company,” or “Societa per Azioni.”

The next step is to form the articles of incorporation and file it with the Secretary Of State of Connecticut. The filing fee is $275, and the file will be processed within 20 business days. Information regarding incorporators, directors, or statement of purpose need not be included with the articles of incorporation. The address of the principal executive office of the business has to be included. The number of classes and number of shares in each class has to be listed in the articles.

There has to be a minimum of one incorporator, and they have to be a natural person above 18 years of age. It is their duty to file the articles of incorporation and selection of directors. The minimum number of directors permitted in Connecticut is one, and they have the right to amend, adopt, or repeal the bylaws. The bylaws may describe the qualifications necessary for a director. The officers may be listed in the bylaws or be elected by the board of directors. The bylaws have to be maintained in the principal executive office. Bylaws are formed to govern a corporation’s business and other affairs and, hence, have to be framed carefully.

The corporation has to file a report with the Secretary of State within 30 days of its first organizational meeting. This report has to include details such as the name of the corporation, its principal office address, the names and addresses of its directors and officers. Then it may file reports annually or biennially as per the regulations.

Taxes are depending on the net taxable income of the corporations. It is very simple to incorporate in Connecticut, and incorporation offers many benefits too. It offers protection of personal assets, helping keep them safe as incorporation offers limited liability protection, and business losses and fringe benefits are deductible.

There are many firms that offer their services as well as products to help new entrepreneurs run a business successfully.