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Pennsylvania Pre-Incorporation Kit

Planning on incorporating? Don’t start without our pre-incorporation kit!

This kit provides the necessary tools for determining the details of a corporation’s purpose, structure and type prior to incorporation. Using the included worksheets and checklists, potential business owners will be able to have before them all of the basic data to use in preparing the necessary incorporation paperwork.

In addition, the process of preparing these worksheets and checklists will also help uncover any potential differences of opinion among the persons desiring to form the corporation. Often, conflicts and demands are not known until the actual process of determining the corporate structure begins. Frank discussions regarding the questions of voting rights, number of directors, and other management decisions often will enable potential associates to resolve many of the difficult problems of corporate management in advance, thereby avoiding much bigger problems in the future.

The use of written worksheets will also provide all persons involved with a clear and permanent record of the information. This may provide the principals of the corporation with vital support for later decisions that may be required.

Included in this packet are the following:

· Instructions for completing Pre-Incorporation Worksheet
· Pre-Incorporation Worksheet
· Pre-Incorporation Checklist
· Document Filing Checklist

This Kit is designed specifically for use in Pennsylvania.

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Pennsylvania Pre-Incorporation Kit

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Pennsylvania other required state forms applicable) Annual Corporate Reports (mandatory) Change of Address of Registered Agent (mandatory) Articles of Merger (mandatory, if applicable) Articles of Dissolution (mandatory, if applicable) Any Filing Checklist - Pennsylvania ? ? ? ? ? ? ? ? Application for Reservation of Corporate Name (if desired) Articles of Incorporation (mandatory) Amendments to Articles of Incorporation (mandatory, if equirements Check insurance requirements Procure corporate seal (if desired) Prepare stock certificates Prepare corporate accounting ledgers Prepare corporate record book (looseleaf binder) Document d, have attorney review Articles of Incorporation prior to filing Review tax impact of incorporation with an accountant Check state tax, employment, licensing, unemployment, and workers compensation rlvania ? ? ? ? ? ? ? ? ? ? ? ? Write state corporation office for information Complete Pre-Incorporation Worksheet Check annual fees and filing requirements Prepare Articles of Incorporation If desire____________________ ___________________________ Amount ______________ ______________ ______________ ______________ ______________ Pre-Incorporation Worksheet 4 Pre-Incorporation Checklist - Pennsy____________________________ ________________________________ ________________________________ Cash/Property ___________________________ ___________________________ ___________________________ ____________ Par value or no-par value: ________________________________________________________ Proposed sales of shares of stock: Name ________________________________ ________________________________ _______________________________________ Initial indebtedness: $ ___________________________________________________________ Initial authorized number of shares: _____________________________________________________ Required vote for directors actions (majority/%/unanimous?): ____________________________ Pre-Incorporation Worksheet 3 Corporate Stock Initial total investment: $ _________________________ Time _____________ ______ directors ______ directors ______ shareholders ______ shareholders ______ either ______ either Required quorum for directors meetings: ___________________________________________________ Authority to amend the following corporate documents: Articles of Incorporation: Bylaws: Annual directors meeting: Place ______________________________________ Date _________________(majority/%/unanimous?): _________________________ Fiscal year: ____________________________________________________________________ Accounting type (cash or accrual?): ____________________________________________________________________ Annual shareholders meeting: Place ____________________________________ Date ________________________ Time ______________ Required vote for shareholders actions _______ ____________________________________ Is qualification in other states necessary?_____________________________________________ Corporate Bylaws Required quorum for shareholders meeting: _______________ _________________________ _________________________ _________________________ Address ____________________________________ ____________________________________ _______________________________________________________ ______________________________________________________________________________ Proposed first officers: President: Vice President: Secretary: Treasurer: Name _______________________________ ___________________________________________ ___________________________________________ Pre-Incorporation Worksheet 2 Corporation's registered agent and office address: ____________ ______________________________ Address ___________________________________________ ___________________________________________ ___________________________________________ __________________________________ Proposed first board of directors Name ______________________________ ______________________________ ______________________________ ______________________________ _______________________________________________ Cost of incorporation: ___________________________________________________________ Corporate Management Proposed number of directors: _________________________________________________________________________________________ Proposed date of first directors meeting: _____________________________________________ Proposed bank for corporate bank account: _________________________tors: Name ______________________________ ______________________________ ______________________________ Address ___________________________________________ ___________________________________________ or perpetual?): __________________________________________ Proposed date to begin corporate business: ___________________________________________ Names and addresses of those who will act as incorpora__________________________ Patents/copyrights/trademarks: ____________________________________________________ Incorporation Matters State of incorporation: Pennsylvania Corporate existence (limited _________ Pre-Incorporation Worksheet 1 Type of Business Purpose of corporation: __________________________________________________________ State/local licenses required: __________________________________________________________________________ Other places of business: _________________________________________________________ __________________________________________________________________________________________________________________________________________________ Ownership of principal place of business (own or lease?): _______________________________ _______________________________________________________________ ______________________________________________________________________________ Description of principal place of business: ___________________________________________ ___________________ _________________________ _________________________ _________________________ _________________________ Location of Business Address of principal place of business: _________________ Address ________________________ ________________________ ________________________ ________________________ ________________________ ________________________ Phone _________________________ _______rties Involved in Forming the Corporation Name _________________________ _________________________ _________________________ _________________________ _________________________ _________________________________________________________ Alternate choices: _______________________________________________________________ ______________________________________________________________________________ Pa/Address of State Corporation Department: Department of State Corporation Bureau PO Box 8722 Harrisburg, PA 17105-8722 Proposed Name of the Corporation First choice: _________________________________ay be approved by the board of directors once the corporation is officially authorized to issue stock. Instructions for Pre-Incorporation Worksheet 4 Pre-Incorporation Worksheet - Pennsylvania Nameidends and should be referred to the corporate accountant. Proposed sales of shares of stock: Here should be listed the names, cash or property, and value of potential sales of shares of stock which me sold for a price at or below par value. If no-par value is assigned, the shares are issued for the actual price paid per share. The choice of par or no-par value stock may affect the issuance of div refers to an arbitrary indication as to the value of the stock. The designation of stock as having a certain "par" value is not an indication of the actual value of the shares of stock. Shares must bluenced by the incorporation fee structure of the state of incorporation, although in Pennsylvania, the fee is fixed and is not dependent on the amount of stock issued. Par value or no-par value: Thisnumber of shares: This figure is required to be listed in the Articles of Incorporation. The number of shares of stock to be authorized should be listed. For small corporations, this number may be inf no paid-in capital minimum. Initial indebtedness: If there is to be any initial indebtedness for the corporation, please list here. Instructions for Pre-Incorporation Worksheet 3 Initial authorized poration upon its beginning business. This transfer will be in exchange for the issuance of shares of stock in the corporation. This is also referred to as "paid-in capital." In Pennsylvania, there is 50 percent), although this figure can be set higher and can be made to be unanimous. Total initial investment: This figure is the total amount of money or property that will be transferred to the corrs is present at a meeting, this is the percentage of directors who must vote in the affirmative in order to officially pass any board of directors business. This is normally set at a "majority" (overy directors business. This is normally set at a "majority" (over 50 percent), although this figure can be set higher. Required vote for directors action: Once it is determined that a quorum of directoirectors meeting should be specified. Required quorum for directors meeting: This is the percentage of directors that must be present at a board of directors meeting in order to officially transact anBylaws: The determination of which bodies of the corporation will have the authority to amend the bylaws should be decided. Annual directors meeting: The date, time, and place of the annual board of d. Amendments to Articles of Incorporation: Under this item should be the determination of which bodies of the corporation will have the authority to amend the Articles of Incorporation. Amendments to accounting type: For accounting purposes, the fiscal year and accounting type (cash or accrual) of the corporation should be chosen in advance. Please consult with a competent accounting professionalve in order to officially pass any shareholder business. This is normally set at a "majority" (over 50 percent), although this figure can be set higher and can be made to be unanimous. Fiscal year ander action: Once it is determined that a quorum of shareholders is present at a meeting, this is the percentage of ownership of shares of issued stock in the corporation that must vote in the affirmatiy" (over 50 percent), although this figure can be set higher. Annual shareholders meeting: The date, time, and place of the annual shareholders meeting should be specified. Required vote for shareholdf ownership of shares of issued stock in the corporation that must be represented at a shareholders meeting in order to officially transact any shareholder business. This is normally set at a "majoritf you desire that your corporation qualify for activities in another state, you are advised to consult a competent business attorney. Required quorum for shareholders meeting: This is the percentage oe of Authority to Transact Business from the other state. In this context, a corporation from another state is referred to as a "foreign" Instructions for Pre-Incorporation Worksheet 2 corporation. In desires to actively conduct business in a state other that the main state of incorporation, it is necessary to "qualify" the corporation in that state. This generally requires obtaining a Certificatd in the Articles of Incorporation and need not be made public. You should list here the persons who are proposed as t e first h officers of the business. Out-of-state qualification: If the corporatioa lawyer. Normally, the main owner, chairperson of the board of directors, or president of the corporation is selected as the registered agent. Proposed first officers: This information is not providervice of process (i.e., to accept subpoenas or summonses on behalf of the corporation). The person need not be a shareholder, director, or officer of the corporation. The registered agent need not be treet address of the person who will act as the registered agent of the corporation. All states (except New York) require that a specific person be available as the agent of the corporation for the set board of directors: You should list the names and addresses of the proposed members of the first board of directors. Corporation's registered agent and address: You should list the name and actual s supplies; and any other direct costs of the incorporation process. Proposed number of directors: Directors may be nonresidents. In Pennsylvania, the minimum number of directors is one. Proposed firsoration: The state fee for incorporation is a filing fee of $125. This cost should also reflect the cost of obtaining professional assistance (legal or accounting); the cost of procuring the necessaryine the bank which will handle the corporate accounts. Obtain from the bank the necessary bank resolution, which will be signed by the board of directors at the first directors meeting. Cost of incorp holding the first meeting of the board of directors, at which the corporate bylaws will be officially adopted. Proposed bank for corporate bank account: In advance of incorporation, you should determrticles of Incorporation. In Pennsylvania, the minimum number of incorporators is one. Incorporators may be persons or corporations. Date of first directors meeting: This will be the date proposed forr corporation will continue to be legally liable for any business conducted on behalf of the proposed corporation. Incorporators: This should be the person (or persons) who will prepare and file the Ahould be the date on which you expect the corporation to begin its legal existence. Until this date (actually, until the state formally accepts the Articles of Incorporation), the incorporators of you 1 Corporate existence: The choices here are perpetual (forever) or limited to a certain length. In virtually all cases, you should choose perpetual. Proposed date to begin corporate business: This snow enacted corporate laws very similar to those in Delaware. In the vast majority of situations, it is preferable to be incorporated in your home state. Instructions for Pre-Incorporation Worksheet s due to the fact that Delaware was the first state to modernize its corporation laws to reflect the realities of present-day corporate business. This is no longer the case. Virtually all states have n: In general, the corporation should be incorporated in the state in which it will conduct business. In the past, the state of Delaware was regarded as the best state in which to incorporate. This wayour locality and business type. Patents/copyrights/trademarks: If patents, copyrights, or trademarks will need to be transferred into the corporation, they should be noted here. State of incorporatioll require health department approvals, state board licensing, or other forms of licenses. If necessary, check with a competent local attorney for details regarding the types of licenses required for Most states require obtaining a tax ID number and a retail, wholesale, or sales tax license. A federal tax ID number must be obtained by all corporations. Additionally, certain types of businesses witions may be organized under the laws of the Commonwealth of Pennsylvania." State/local licenses required: Here you should note any specific requirements for licenses to operate your type of business.including Pennsylvania, allow the use of an "allpurpose" business purpose clause in describing the main activity of the business; for example, "to conduct any and all lawful business for which corpora of the actual physical location of the main business. It may not be a post office box. If the corporation is home-based, this address should be the home address. Purpose of corporation: Many states, is listing should provide the names, addresses, and phone numbers of all of the people who are involved in the planning stages of the corporation. Principal place of business: This must be the address names. It is often wise to clearly explain the business of the corporation through the choice of name. In Pennsylvania, a corporate name is reservable for 120 days for a $52 fee. Parties involved: Thporate name: The selection of a corporate name is often crucial to the success of a corporation. The name must not conflict with any existing company names, nor must it be deceptively similar to othersave you time and trouble. Please note that state forms and current filing fee schedules are available to be downloaded at http://www.dos.state.pa.us/corps/cwp/view.asp?a=1093&Q=431210&corpsNav=|. Corporation of a for-profit business corporation in the Commonwealth of Pennsylvania, as state laws and fees charged for incorporation are subject to change. Having the latest available information will e corporation department: The address for the Pennsylvania Corporation Bureau is listed on the Worksheet. You should write to this department immediately, requesting all available information on incorrwise) arising in any way out of the use of these materials. An attorney should be consulted for all serious legal matters. Instructions for Pre-Incorporation Worksheet - Pennsylvania Address of stat goods or services; loss of use, data, or profits; or business interruption) however caused and on any theory of liability, whether in contract, strict liability, or tort (including negligence or otheuthors or publishers of the forms, be responsible or liable for any direct, indirect, incidental, special, exemplary, or consequential damages (including, but not limited to, procurement of substituteness for any of the materials for your particular needs. The materials are used at your own risk. In no event will: i) FindLegalForms, Inc, its agents, partners, or affiliates, or ii) the providers, act to the "Disclaimers and Terms of Use" found at findlegalforms.com. These materials are provided "AS-IS." We do not give any express or implied warranties of merchantability, suitability or complete/www.state.pa.us/. Disclaimer No Attorney-Client relationship is created by use of these materials. FindLegalForms, Inc. does not provide legal advice. The purchase and use of these materials is subjeklist Note: Please note that the state specific information provided in this packet may change. To ensure its accuracy, please contact your state's Secretary of State or visit their website at http:/may be required. Included in this packet are the following: · · · · Instructions for completing Pre-Incorporation Worksheet Pre-Incorporation Worksheet Pre-Incorporation Checklist Document Filing Checn worksheet will also provide all persons involved with a clear and permanent record of the information. This may provide the principals of the corporation with vital support for later decisions that ing rights, number of directors, and other management decisions often will enable potential associates to resolve many of the difficult problems of corporate management in advance. The use of a writtere desiring to form the corporation. Often, conflicts and demands are not known until the actual process of determining the corporate structure begins. Frank discussions regarding the questions of votof the basic data to use in preparing the necessary incorporation paperwork. The process of preparing this worksheet will also help uncover any potential differences of opinion among the persons who apurpose, structure and type prior to incorporation within the Commonwealth of Pennsylvania. Using the included worksheet and checklists, potential business owners will be able to have before them all Information Pre-Incorporation Kit ­ Pennsylvania Provided under agreement with copyright holder, © Nova Publishing Company 2004 This kit provides tools for determining the details of a corporation's Pennsylvania

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Pennsylvania Pre-Incorporation Kit

Product Specifications

Product Pennsylvania Pre-Incorporation Kit
Country United States
State Pennsylvania
Pages 11
Dimensions Designed for Letter Size (8.5" x 11")
Printer compatibility Designed to print on all ink-jet and laser printers
Sample Available (requires Flash plug-in)
Editable Yes (.doc, .wpd and .rtf)
Format Microsoft Word
Adobe PDF
WordPerfect
Rich Text Format
Platform Windows Compatible
Mac Compatible
Linux Compatible
Availability In Stock. Instant Download
Usage Unlimited number of prints
Category Pre-Incorporation Kits
Product number #22258
Download time Less than 1 minute (approx.)
Document Access Via secret online address
Email with download links
Email with attachment upon request
Refund Policy 60 days, no-questions asked, 100% money back guarantee
Support Customer support 1-800-959-5899
Online support
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