Corporate Name
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.
Director information
The following are Vermont’s requirements for directors of corporations:
- Minimum number.
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.
- Residence requirements.
Vermont does not have a provision specifying where directors must reside.
- Age requirements.
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:
- Officers.
Officer names and addresses are not required to be listed in the Articles of Incorporation.
- Stock.
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.
- Registered agent.
Corporations must list the name and address of a
registered agent
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.
