Home Incorporation What are the Articles of Incorporation?

What are the Articles of Incorporation?

What are the Articles of Incorporation?

The
Articles of Incorporation are an important factor in the process of
incorporating a business or company. It is the sole document that is submitted
to the proper State office and is usually the last step in the incorporation
process. In a way, the Articles of Incorporation can be seen as a formal and
legal application to the State to review whether or not such a business can be
properly incorporated. The Articles of Incorporation can be a fairly simply
document, though for more complex businesses, it can be a very lengthy and
complex ordeal.

Generally speaking, Articles of Incorporation will
usually require the help of an attorney in order to be properly drafted. In
simple terms, the Articles of Incorporation will consist of information and
details regarding the reason for the company to be incorporated, the location
of the business, the nature of the business, officers, and the set of rules or
regulations detailing how the corporation is meant to work and function. These
facets are covered in three articles.

The
first Article of Incorporation will provide for the description of the
corporation. Article Two states the business or corporation name. Lastly, the
term or length of time in which the business will stay incorporated, which
usually is unlimited, is set forth in Article Three.

However,
the Articles of Incorporation will usually include more Articles stating other
aspects of the business. An example could be an Article of Incorporation in
regards to salaries, or another Article of Incorporation regarding stock issues.

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