How to Form a Missouri Corporation: A Step-by-Step Guide

In this article, we will guide you through the process of forming a Missouri corporation. Missouri is one of the most business-friendly states in the United States, and incorporating a business in Missouri can be a great way to protect your personal assets and establish a professional reputation. Before we dive into the steps, let's cover some basics.

A corporation is a type of business structure that is separate from its owners. It is a legal entity that can own assets, enter into contracts, and sue or be sued. Corporations are often used by small business owners who want to protect their personal assets from business debts and liabilities. They are also used by large companies that want to raise capital and expand their operations.

To form a Missouri corporation, you will need to follow these steps:

1. Choose a business name. Your business name must be unique and not already in use by another business in Missouri. You can search for available business names on the Missouri Secretary of State's website.

2. Appoint a registered agent. A registered agent is a person or business that agrees to accept legal documents on behalf of your corporation. You can appoint yourself as the registered agent, or you can hire a registered agent service.

3. Prepare and file articles of incorporation. The articles of incorporation are a document that outlines the basic information about your corporation, including its name, purpose, and registered agent. You can file the articles of incorporation online or by mail with the Missouri Secretary of State's office.

4. Issue stock. A corporation is owned by its shareholders, who own a percentage of the corporation's stock. You will need to issue stock to your shareholders, which will give them a percentage of ownership in the corporation.

5. Hold an organizational meeting. An organizational meeting is a meeting of the corporation's shareholders and directors to approve the corporation's bylaws and other important documents.

6. Obtain an EIN. An Employer Identification Number (EIN) is a unique number assigned to your corporation by the Internal Revenue Service (IRS). You will need an EIN to file taxes and open a business bank account.

7. Register for taxes. You will need to register for taxes with the Missouri Department of Revenue and the IRS.

8. Comply with ongoing requirements. As a corporation, you will need to comply with ongoing requirements, such as holding annual meetings, filing annual reports, and maintaining accurate records.

If you are ready to form a Missouri corporation, Rocket Lawyer can help. Our experienced attorneys can guide you through the process and ensure that your corporation is formed correctly and in compliance with Missouri law.