Benefits of missouri inc
Missouri is one of the most business friendly states for incorporation. The state does not have many annual fees, franchise taxes or high corporate tax rates, so it’s a great choice for corporations looking to save money.
A Registered Agent is required for all Missouri corporations, which is a person who receives and files important documents on behalf of the company with the Secretary of State. This person can be a full-time employee, a manager in the company or a third party service that does this work.
Choosing a name for your corporation is an important step. It should reflect the nature of your business and be easy to remember. Using our business entity search tool can help you find available names.
Establishing a bank account for your Missouri corporation is another step that’s critical to keeping your business running smoothly. A bank account allows you to process monetary transactions on behalf of your corporation, which helps protect your personal assets from any liability associated with your business.
Opening a business bank account is a relatively straightforward task, but it’s important to make sure your business account meets all the required guidelines and you have the appropriate paperwork on hand to support it. The bank may need copies of your Articles of Incorporation, corporate bylaws and an initial resolution authorizing the opening of the account.
How to file an annual report for your Missouri corporation
All Missouri corporations are required to file a simple annual registration report every year. The state requires this report to be filed within three months of the anniversary month in which the corporation incorporated or qualified to do business. This filing can be done online or by mail.