NORTH CAROLINA
| | Name | Must contain words Corporation, Company, Incorporated, Inc., Co., Corp., Limited-Liability Company, Ltd. Liability Company, Limited, L.L.C., LLC or Ltd. | | Information about Directors and Officers | Company must have at least one Director, who can hold all officer positions. No age or residence requirement. It is not required to list Directors and Officers in the Articles of Incorporation. | | Requirements for address | Home or Office street can be considered as company address. P.O. Box is not admissible. | | Registered Agent | Registered Agent is required if you do not live or have an office in North Carolina. Otherwise, you can be your Own Registered Agent. | | Shares/Stock information | No limits on the number of shares to issue. No filing fee increasing. | | Annual statement | File an annual report with the Secretary of State within 60 days following the last day of the month in which the Corporation was incorporated. Filing fee is $20. | | State fees | $125 State filing fee. | | Income tax rate | 6.9% of net income allocated in North Carolina. Payment must be made by March 15 to Secretary of Revenue. | | Franchise tax | $1.50 per $1000 of issued and outstanding capital stock, surplus and undivided profits allocable to North Carolina. Minimum tax is $35. | | S Corporations | S Corporation status is recognized by the State. A separate State election from the federal election is not required. | | License requirements | Most businesses must obtain a license and pay a fee if operating in the State. Check with the State to make sure your business is complying with the license requirements for your particular profession. | | Corporate records | The Articles of Incorporation, the Bylaws or restated bylaws, resolutions, minutes, written communications and financial statements to shareholders, the names and business addresses of current directors and officers, most recent annual report must be kept at the principal corporate office. |
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For more information visit:
www.secstate.state.nc.us
www.dor.state.nc.us
www.ncga.state.nc.us/homePage.pl