by Alan Russell

Created on: March 08, 2010

“File your Nevada Corporation online with us!” These words, or words similar to these, appear online hundreds, if not thousands, of times. The owners of those sites make it sound so easy. All you have to do is spend 5 to 10 minutes of your time and they’ll do the rest. It sounds good. You’re thinking: I just opened my business and I need a business structure in which to conduct my business. It won’t take much time, it doesn’t cost very much and then I’ll have my asset protection. So you decide to take the plunge and you file online through one of the many incorporating services available. A couple of weeks later you receive your filed documents in the mail together with your letter of congratulations. You are now incorporated. Now what?

You are now experiencing the biggest problem arising from filing online. The articles have been filed. What do you do next? You didn’t realize when you used the services of the online incorporating company that you were buying from an a la carte menu and all you received were the barebones filing package. The corporation is not yet ready to operate. There are several steps you must still complete. How helpful will the online incorporating company be? It depends upon the incorporating company you use. With some companies, they will take you through all the other steps necessary to complete the filing and structuring of your entity. Other incorporating companies will not offer that level of service. Here are some of the following steps you will have to take to complete the filing:

Obtain an Employer’s Identification Number (EIN) from the IRS. Some of the online incorporators will obtain this number for you. You may have to pay an additional fee for them to obtain it for you. But, if you don’t know how to obtain such a number, you will have to pay additional for that service. Complete the meetings necessary to organize the corporation. You will have to hold a Board of Directors meeting in order to organize the corporation. At this meeting, officers, directors and stockholders will be identified. A set of By-laws will have to be prepared and adopted. Minutes and resolutions for the meeting must be prepared and adopted by the Board of Directors. These documents are not a part of the original filing package that the incorporating companies provide. Some of the companies will have available for sale preprinted meetings, by-laws, resolutions. Etc. for your use. The cost will

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