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 Wisconsin incorporation.
The name of the corporation must contain the word "Corporation," "Incorporated," "Company," "Limited" or an abbreviation thereof, or words or abbreviations of words with similar meanings in another language. The word "Bank" and variations cannot be used, and use of the word "Cooperative" is restricted. The name may not contain language stating or implying the corporation is organized for a purpose other than as permitted in its Articles of Incorporation. It must be distinguishable upon the records of the Secretary of State from other corporations, limited liability companies and other business entities authorized to use the name in the state.
The following are Wisconsin’s requirements for directors of corporations:
The document required to form a corporation in Wisconsin is called the Articles of Incorporation. The information required in the formation document varies by state. Wisconsin's requirements include:
Wisconsin allows professionals, such as accountants, attorneys and physicians, to form a professional corporation (PC) , which is called a Service Corporation (SC) in Wisconsin.
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 Wisconsin corporations.
Wisconsin corporations must keep the following items with their corporate records at the principal office:
The following are taxation requirements and ongoing fees for Wisconsin 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.
Wisconsin 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.
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