Each state has different requirements for forming a corporation. Whether you are starting a business or incorporating a business already in existence, you’ll want to understand state requirements for Vermont incorporation.
The name must contain either the word or an abbreviation of "Corporation," "Incorporated," "Company" or "Limited." The name must not have the word "Cooperative" or any abbreviation thereof. The name may not contain language stating or implying the corporation is organized for purposes other than those permitted by state law. It must be distinguishable from, and not the same as, deceptively similar to, or likely to be confused with or mistaken for any name granted, registered or reserved under chapter or with the Secretary of State.
The following are Vermont’s requirements for directors of corporations:
The document required to form a corporation in Vermont is called the Articles of Incorporation. The information required in the formation document varies by state. Vermont's requirements include:
Vermont allows professionals, such as accountants, attorneys and physicians, to form a professional corporation (PC).
After forming a corporation, you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability a corporation provides its owners. This guide outlines the ongoing requirements for Vermont corporations.
Vermont corporations must keep the following items with their corporate records at the principal office or at the registered office:
The following are taxation requirements and ongoing fees for Vermont corporations:
Business licenses and/or permits are required for most businesses. The BizFilings Business License Application Package can help you stay on top of these requirements.
Vermont recognizes the federal S corporation election and does not require a state-level S corporation election.
The state in which you form your company can provide certain benefits.
Start your business with confidence. We offer various incorporation packages to get your business up and running. Starting from $99 and includes 6 months FREE Registered Agent services.