The process of registering your company officially establishes it as a separate legal entity. This allows it to own assets and enter into contracts. It also ensures that any liabilities are kept separate from the personal assets of its owners.
The company registration process varies by state and business structure. Most states require businesses to file articles of incorporation, along with a corporate charter or business plan. Some states may also require an operating agreement. An operating agreement outlines ownership percentages, how key decisions will be made, and other important information. It is widely recommended that you create one, even if your state doesn’t require it.
Choosing the best company registration service for your needs depends on how much you’re willing to pay and how complicated your business is. The top-rated services will offer a flat fee for filing all of the required documents for your company, plus they’ll handle your registered agent. Some will even provide business email addresses and domain names as part of the package for a small extra cost. Others will charge a yearly fee for a registered agent and will only file your documents on your behalf.
For example, Capbase’s platform allows you to easily set up your stock plan and issue equity to co-founders and employees. It will also help you determine what state (or states) to form and register in based on your company’s goals.