Indiana Corporation
What is an Indiana Corporation?
Indiana Corporation or Indiana INC, is a business formation registered with the Indiana Secretary of State. The Indiana Corporation will be able to issue shares of stocks to employees and investors, unlike an LLC in Indiana.
Indiana Corporation Requirements
- State Filing Fee of $108.
- A Registered Agent located in Indiana. See our service here.
- Articles of Incorporation.
- Beneficial Ownership Information Report filing. Your report must be submitted after company formation starting January 1, 2024.
Indiana Corporation Structure
IN Corporations are structured legally with the Indiana Articles of Incorporation. Like many states, the document for a Corporation formation is short and simple.
The required information to be listed:
- The Indiana Corporation Name
- Principal Office
- Registered Agent
- Shares
- Incorporator(s)
Indiana Corporation Name
When choosing a name for your Indiana Corporation, be aware of a law concerning wordage in your Corporation name. The name must include the word “Corporation”, “Incorporated”, “Limited”, “Company” or an abbreviation of those words.
Principal Office
The Principal Office address listing will include the street number, street name, city, state and zip code.
Registered Agent
A Registered Agent that has a physical address and not a PO Box in Indiana is a requirement set forth by the Business Services Division.
Shares
List how many shares of stock you want the Corporation to be able to issue. If you would like more than one class of stock, please include the information with your articles as “Exhibit A”.
Incorporator
An Incorporator has a high visibility rating when it comes to your Indiana Corporation. The signature, printed name, street address, city, state and zip code are all required. The Incorporator can not be removed by an amendment. It is set in stone for life.
Indiana Incorporation Facts | |
---|---|
The Form | Articles of Incorporation |
The Agency | Indiana Business Services Division |
The Fee | $108 |
Our Fee | $253 (includes registered agent service) |
Online Filing | Yes |
Biennial Business Entity Report Due | End of Anniversary Month |
Biennial Business Entity Report Fee | $30 ($22.40 online) |
Corporate Tax | 8.5% |
How to File an Indiana Corporation
Steps to Incorporating in Indiana for an Indiana Corporation:
- The first step to an Indiana incorporation is choosing a name for your Indiana Corporation. The name cannot already be registered to another business entity in the state. If the name you wish to use is already registered, you must select a name that is distinguishably different.
- To form a corporation, you file Articles of Incorporation with the Business Services Division of the Indiana Secretary of State. There is a $90 filing fee. This form can be filed online, hand delivered or mailed.
- When you file the Articles of Incorporation, you are required to appoint an Indiana registered agent to accept service of process on behalf of your corporation. A registered agent must have and maintain a physical street location within the state.
- After you incorporate in Indiana, you will need to write corporate Bylaws. Bylaws outline the ownership of your company and detail the management and administration of your business. It is crucial that you write clear, comprehensive Bylaws.
- You can now open business accounts for your corporation. Business bank accounts must be opened in person. Every bank has unique requirements for opening accounts, but most require a copy of your Articles of Incorporation, corporate Bylaws, and an initial resolution authorizing the opening of the accounts.
- Once you form a corporation in Indiana, you will be required to file a Biennial Business Entity Report. The report is filed every two years. It must be filed by the last day of the your anniversary month of incorporation. There is a $30 filing fee ($22.40 if filed online).
- After formation, you must submit a Beneficial Ownership Information Report with the Financial Crimes Enforcement Network after formation, starting January 1, 2024. The BOI report is free to file and must be submitted online.
What Business Indicators Do I Have to Include in My Business Name?
The name of your corporation must include one of the following designations:
- Corporation
- Incorporated
- Limited
- Company
You may also use an abbreviation of any of these terms.
Can You Be the Incorporator of My Company?
Yes. If you hire us to form your corporation, we will be the Incorporator. The Incorporator is merely the person who prepares and files the Articles of Incorporation. The Incorporator holds no interest in your corporation and is not authorized to do anything else on behalf of your company.
Indiana Registered Agent
An Indiana registered agent must have a physical street address within the state. This is called a registered office. It is at this location that service of process (notice of a lawsuit) and other important business mail will be sent on your behalf. Your registered agent accepts and signs for these documents on your behalf. Then your agent contacts you, informing you that documents have been received, and forwards these documents to you in a timely manner.
Your registered agent will be the main point of contact between your business and the Indiana Business Services Division. Biennial report notices and tax notifications will come to your registered agent. It is the agents job to keep you informed about all notices.
Indiana Corporation Biennial Business Entity Report
After you incorporate in Indiana, you will be required to file a Business Entity Report. This is filed biennially. The report is due by the final day of the anniversary month of your incorporation. If your company was incorporated in January, your report is due by January 31. There is a $30 filing fee. You can file online (the online fee is only $22.40).
Federal Beneficial Ownership Information Report Filing
Starting January 1, 2024, most newly-formed corporations are required to file a Beneficial Ownership Information (BOI) report with the Financial Crimes Enforcement Network (FinCEN) following company formation. On your report, you’ll need to disclose some basic details about your company and those with the most control over your corporation’s profits and operations. Save yourself from the additional paperwork with our $25 BOI report filing service.
Why Hire Corporate Filing Solutions to Form Your Indiana Corporation?
Starting your Corporation in Indiana shouldn’t be a hassle or a time consumer. That’s why we offer Filings Made Easy™ to make starting a Corporation in Indiana super easy.
Hire us and relax while our filing experts form your new Indiana Corporation. Our staff will process orders the same business day as they are received. To make things even easier, we bundle the first year of registered agent service and ensure your Indiana Corporation comes fully equipped and ready to do its job.
Start your Corporation in Indiana and get Registered Agent service for as low as $55 a year.