If you’re new to the business, you may be wondering “how to incorporate a business in Indiana?” The first step is to obtain the proper legal documentation to incorporate your business. In Indiana, a corporation must pay certain taxes.
How to Incorporate a Business in India
It must obtain an employer identification number (EIN), which is similar to an individual’s Social Security number. This number must be obtained from the IRS before you can begin operations. Depending on your business’ purpose, you may need to register with the Indiana Department of Revenue. In this case, one application covers multiple taxes.
When you decide to incorporate your business in Indiana, you must also fill out Articles of Incorporation. These documents contain details regarding the corporation, Singapore new company incorporation including the number of shares authorized and the address of the registered agent.
You can also include other details, such as the par value of the authorized shares. It’s important to remember that these documents will become part of the public record, so make sure you have chosen a name carefully.
Once you have the name of your corporation, you must designate a registered agent. This person is responsible for receiving all important government documents for your business. If you don’t designate a registered agent, you may lose your good standing with the state and face possible dissolution. Moreover, you may not be aware of lawsuits filed against your business. To hire a registered agent in Indiana, you can contact the Business Services Division.