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 Tennessee incorporation.
The name must include the word "Corporation," Incorporated," "Company" or an abbreviation thereof, including words or abbreviations in a foreign language. It must be distinguishable in the Secretary of State's records from any corporate or assumed name of a domestic or qualified foreign corporation, a reserved or registered name under Tennessee law, or the name of a not-for-profit corporation, limited partnership or limited liability company. Use of the words "Bank," "Credit Union," "Mortgage" and "Trust" requires approval by the Department of Financial Institutions.
The following are Tennessee’s requirements for directors of corporations:
The document required to form a corporation in Tennessee is called the Charter. The information required in the formation document varies by state. Tennessee's requirements include:
Some states require additional filings or steps at the time of incorporation, such as a county level filing, publishing notice of the incorporation in a local newspaper or an initial report filing. Tennessee requires the following:
Tennessee allows professionals, such as accountants, attorneys and physicians, to form a professional corporation (PC) .
View the following additional resources BizFilings has for forming and maintaining companies in Tennessee:
The state in which you form your company can provide certain benefits.