Forming a Corporation in Vermont
Every state has a different set of laws and regulations in place. So, in most cases no two states are the same. Due to that, you must be familiar with the set of rules present when dealing with Vermont State Corp Filing. If your state of choice corporation is Vermont, DOT Operating Authority can help you with all the details. There are many steps in the process. From what comes from our part, we will research the availability of your company name. Also, our company can help you prepare and file your Articles of Incorporation with the Vermont Secretary State. We can also assist with many of your follow-up needs such as amendment filings, written consents. Also, we can help you with written consents and annual report preparation and filing.
Vermont Corporate Name Requirements
In order to be a successful corporation in Vermont, your name cannot be confused with any existing names. You also cannot use any reserved, or registered corporate names. All in all, DOT Operating Authority is here to make sure that you get the perfect name for your Vermont State Corp Filing. We will also conduct full research and make sure to meet all of Vermont requirements.
Permitted Designations: There are several approved designations that corporate names can be followed by, which include:
- Co.
- Company
- Corp.
- Corporation
- Inc.
- Incorporated
- Limited
- Ltd.
Restricted Designations: There are certain words and phrases that cannot be in corporate names. And therefore, are considered “restricted” in Vermont and require special approval. They include:
- Bank
- Insurance
Vermont State Corp Filing Requirements
Required Documents: Vermont requires businesses to file Articles of Incorporation with the Secretary of State. Therefore, by trusting us to form your corporation for you, we will file all mandatory documents for you.
Processing Time: On Average, it takes between 7 – 10 business days.
Reminder: Follow-up filings are not mandatory.
Directors Information
When forming a corporation, it is mandatory for companies to have three directors if there are three or more shareholders. Two officers if there are two or shareholders. And one director if there is one shareholder. In addition, the corporations must also have a president and a secretary.
Annual Reports
All Vermont Corporations must file an annual report with the Vermont Secretary of State 2 ½ months after the end of the corporation’s fiscal year.