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.
Cost to incorporate in Vermont
At BizFilings, we clearly outline our fees and the state fees to form a Vermont corporation. View our pricing to incorporate as a
to plainly see:
BizFilings’ package prices.
BizFilings offers three incorporation service packages from which you can choose.
State fee for standard turn-around.
Our pricing clearly shows the state fee to incorporate in Vermont with standard turn-around.
You will see the BizFilings and state fee, if any, for expedited turn-around.
Our pricing also clearly displays the BizFilings and state fee, if any, for issuing a Certified Copy of the Articles of 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:
Corporations must have three or more directors, unless the number of shareholders is less than three. Then the number of directors may be as few as the number of shareholders.
Vermont does not have a provision specifying where directors must reside.
Vermont does not have age requirements.
Inclusion in the Articles of Incorporation.
Director names and addresses are required to be listed in the Articles of Incorporation.
Requirements for the Articles of Incorporation
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:
Officer names and addresses are not required to be listed in the Articles of Incorporation.
Authorized shares and par value must be listed in the Articles of Incorporation. An increase in the number of shares or par value does not affect initial filing fees.
Corporations must list the name and address of a
with a physical address (no post office boxes) in Vermont. The registered agent must be available during normal business hours to accept important legal and tax documents for the business.
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 Articles of Incorporation and any amendments
Bylaws or restated bylaws and any amendments
Permanent minutes of shareholder and director meetings
Permanent records of actions taken by the shareholders without a meeting and/or by a committee of the board of directors in place of the board of directors and on behalf of the corporation
Resolutions adopted by the directors creating one or more classes or series of shares, and fixing their relative rights, preferences and limitations
Written communications to shareholders for the past three years
An alphabetical list of shareholders, including names and addresses, outlining the number and class of shares held by each
A list of names and business addresses of current directors and officers
Most recent annual report
Corporate taxes and fees
The following are taxation requirements and ongoing fees for Vermont corporations:
Vermont requires corporations to file an annual report during the six-month period ending the last day of the anniversary month of the company’s incorporation. The filing fee is $25.