Contents
Form Example
Texas Articles of Incorporation Template
These Articles of Incorporation are designed to comply with the provisions of the Texas Business Organizations Code, specifically Title 1, Chapter 3.
Article I: Name of Corporation
The name of the corporation is:
Article II: Duration
This corporation is to exist perpetually unless dissolved according to law.
Article III: Purpose
The purpose of this corporation is to:
Article IV: Registered Agent
The name of the registered agent is:
The street address of the registered office in Texas is:
Article V: Incorporators
The name and address of each incorporator is as follows:
- Name: , Address:
- Name: , Address:
- Name: , Address:
Article VI: Shares
This corporation is authorized to issue a total of: shares of stock.
Article VII: Additional Provisions
Additional provisions, if any, are as follows:
IN WITNESS WHEREOF, the undersigned incorporators have executed these Articles of Incorporation on this day of , .
Signature of Incorporator:
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Common mistakes
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Incorrect Business Name: One common mistake is failing to ensure that the chosen business name complies with Texas regulations. The name must be unique and not deceptively similar to existing entities. Additionally, it must include an appropriate designator, such as "Corporation" or "Incorporated."
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Improper Designation of Registered Agent: Individuals often overlook the importance of accurately designating a registered agent. This agent must be a Texas resident or a business entity authorized to conduct business in Texas. The agent's name and address must be clearly stated.
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Failure to Specify Purpose: The purpose of the corporation should be clearly defined. Many applicants make the mistake of providing vague or overly broad descriptions. A precise statement helps clarify the business's intentions and may be required by the state.
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Omitting Initial Directors: Some individuals neglect to list the initial directors of the corporation. This information is crucial as it establishes who will govern the corporation until the first annual meeting. Failure to include this can lead to delays in processing the application.
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Incorrect Filing Fee: Applicants sometimes miscalculate or fail to include the required filing fee. The fee varies based on the corporation's type and structure. Ensuring the correct amount is submitted is essential to avoid delays or rejection of the application.
Key takeaways
Filling out the Texas Articles of Incorporation form is an important step for anyone looking to start a corporation in Texas. Here are some key takeaways to keep in mind:
- Understand the purpose: The Articles of Incorporation officially establish your corporation in Texas. This document outlines the basic information about your business.
- Provide accurate information: Ensure all details, such as the corporation’s name, registered agent, and address, are correct. Mistakes can lead to delays or legal issues.
- Choose a unique name: The name of your corporation must be distinguishable from existing entities in Texas. Check the Texas Secretary of State's database to confirm availability.
- Designate a registered agent: This person or business will receive legal documents on behalf of your corporation. They must have a physical address in Texas.
- File the form properly: Submit your completed Articles of Incorporation to the Texas Secretary of State. There is a filing fee, so be prepared to pay this when you submit your form.
- Keep a copy: After filing, retain a copy of the Articles of Incorporation for your records. This document is important for future business dealings and legal matters.
Steps to Using Texas Articles of Incorporation
Once you have your Texas Articles of Incorporation form ready, you will need to fill it out accurately. This form is essential for officially establishing your corporation in Texas. Follow these steps to ensure you complete it correctly.
- Download the Form: Obtain the Texas Articles of Incorporation form from the Texas Secretary of State's website or request a physical copy.
- Provide Your Corporation Name: Enter the name of your corporation exactly as you want it to appear. Make sure it complies with Texas naming rules.
- State the Duration: Indicate whether your corporation will exist for a specific period or indefinitely.
- Specify the Purpose: Briefly describe the purpose of your corporation. Keep it clear and concise.
- List the Registered Agent: Provide the name and address of your registered agent. This person or entity will receive legal documents on behalf of your corporation.
- Include Incorporator Information: Fill in the name and address of the incorporator(s). This is the person or people responsible for filing the Articles of Incorporation.
- Indicate the Number of Shares: Specify the number of shares your corporation is authorized to issue. You may also need to state the classes of shares, if applicable.
- Sign the Form: The incorporator must sign the form. Ensure the signature is dated and printed clearly.
- Prepare Payment: Include the required filing fee. Check the Texas Secretary of State's website for the current fee amount.
- Submit the Form: Send the completed form and payment to the Texas Secretary of State by mail or online, depending on your preference.
After submitting your Articles of Incorporation, you will receive confirmation from the state. Keep this confirmation for your records. Once your corporation is officially formed, you can begin operating under its name.