Corporation is a business entity formed by one or
more shareholders.
In order to form a corporation,
(1) One must, pick a name that is not trademarked
or copyrighted or used by another business entity and
reserve that name.
(2) Prepare and file Articles of Incorporation with
the State
(3) Pay applicable fees and taxes
(4) Prepare and Adopt by-laws of the corporation.
(5) (Optional- but highly recommended) Prepare
and Adopt a “Shareholders Agreement”
(6) (Optional- but highly recommended) “Day to
Day Operations Agreement”
(7) Issue shares to legitimate shareholders upon
legally valid consideration.
Management and Operation of a Corporation is often
complicated and should not be done without proper
attorney representation.
Most of the regulations governing California corporations may
be found in the California Corporations Code.
Sections 100 --domestic stock corporations,
Sections 5110 --domestic nonprofit public benefit corporations,
Sections 7110 --domestic nonprofit mutual benefit corporations,
Sections 9110 --domestic nonprofit religious corporations);
Sections 2100 --foreign (out of state or country) corporations.
LINK TO CALIFORNIA CORPORATIONS CODE: