Overview
Chapter 16 included basic information regarding Corporations and how they are formed. get further. Even though Chapter 18 is not going to have a quiz or assignments, please read it for further background information.
It is recommended that you use Chrome to access the forms needed. These can usually be filled in online and then printed out. You can then scan them to submit them through Canvas.
In this assignment you will go through the basic steps involved in forming a business corporation (not a benefit corporation or an LLC), including selecting a name and filing the necessary Articles of Incorporation. Remember to keep it small, i.e. 10 shares of stock.
You would normally seek advice from an attorney and a C.P.A. before starting a company to make sure that you took the proper steps.
The assignment is to be uploaded into the Canvas assignment page.
Just click on the button to search your computer, click on the file, and upload. Try to do this as one file, but if not, then separate files. This assignment is due by 11:59 pm on Thursday, August 4, 2022.
Here is the assignment:
Incorporation Project—ALL FORMS MUST BE FILED IN WITH THE DETAIL REQUESTED!!!! CREATE ANY INFORMATION THAT YOU FEEL IS NECESSARY!!!
In this project you are going to create a corporation under the laws of the state of New Hampshire.
- First you need to decide what you are going to call your corporation. In NH it generally must include words such as Inc. or Corporation in the name.
- Locate the web site for the Secretary of State for New Hampshire. Answer the following questions.
- What are the eight areas that can be accessed from the home page? Look for the buttons along the top of the opening web page.
- What are the filing fees for the Articles of Incorporation, application for reserved name, and the application to transfer the reserved name to your new corporation. (these fees can be found in the NH statutes which are linked to the Secretary of State's web site and also on the web site itself).