Incorporate In North Carolina

North Carolina is home to 21 of the nation’s largest 1000 companies. Known for its competitive business climate, this state’s economy relies mostly on aerospace, financial, automotive, biotechnology, communication and energy industries.

The “Tar Heel State” is composed of 100 counties and has two large metropolitan areas and a skilled labor force.

Benefits of incorporating in North Carolina:

Protection of personal assets

Foreign entrepreneurs incorporating in North Carolina should feel confident knowing that their personal assets are protected. Corporations and limited liability companies separate the assets and liabilities of companies from the personal assets of the business owner.

Ability to open bank account

Forming a company is the first step for a non US resident to open a bank account. A US bank account gives businesses access to a debit card, and the potential to open a merchant service account. Internet commerce is made much easier with a US bank account because companies like PayPal, Amazon and EBay considered you more qualified as a vendor.

Enhanced credibility

Whether starting a new business or incorporating an existing one, incorporation makes a business appear more credible to potential customers, suppliers and investors. You also have the security of operating under US law.

Your corporate name can boost your brand

North Carolina requires that C-corps and LLCs not have a name that is the same or could be confused with a business already in existence. To make sure your business name is eligible Inc. Plan can help you choose a unique C corp or LLC name. A distinctive corporate name enhances your company’s reputation and also helps protect the identity of your brand.

Tax flexibility and benefits

In North Carolina, owners are given the freedom to choose to operate either as C corporations or LLCs. However, the type of business entity you choose determines the nature of the taxes your incorporation will be subject to. C corps are assessed taxes based on the net income of a business. LLCs will be taxed based on Federal Election Laws.

Residency Requirements

North Carolina does not have any residency requirements. Owners and directors do not need to live in state to legally operate a North Carolina company. Before your firm is legally eligible to operate make sure you possess all the required business licenses, permits, and tax registrations. Inc. Plan can help you stay in compliance with state law.

Other incorporating requirements

North Carolina C corps and LLCs must have at least one director/ member to be eligible to do business in the state. The state does not require members to be listed in corporate filing documents submitted to the state.

Requirements for forming an LLC in North Carolina:

When forming a Limited Liability Company certain steps must be taken to keep the business in compliance on an ongoing basis.

Name requirements for LLCs

LLC names are allowed to end with the terms “Limited Liability Company”, “Limited Liability Co.”, “Ltd.,” Liability Company” or the abbreviations “LLC” and “L.L.C.” The words “Bank” “Mutual”, “Trust”, “Insurance”, “Wholesale” or “Engineering” need special authorization from the state.

LLC filing requirements

Entrepreneurs looking to form LLCs in North Carolina must submit articles of organization with the state. North Carolina LLCs must submit an annual report by April 15th. The fee for filing an annual report is $200.

Required information for the Article of Organization

The articles of organization must include the name and address of a registered agent who resides in North Carolina and who is available to manage legal and tax business documentation. For more help with the initial formation filing or with qualified registered agent services feel free to contact Inc. Plan (USA).

LLC taxes and fees

North Carolina LLCs are generally taxed as partnerships. Therefore, LLCs are assessed taxes based on their members’ personal income return. LLCs can choose to be taxed as C-corps.

Requirements for forming a C corporation in North Carolina:

Each of the 50 American states has its requirements for incorporating. The essential requirements for C corporations established in North Carolina are as follow:

Name requirements for C corporations

C Corporations must have name endings that include the terms “Company”, “Corporation”, “Incorporated” or “Limited” along with their abbreviations. Corporations must obtain a special approval from the state if they want to use the terms “Bank”, “Mutual”, “Trust”, “Engineering” or “Wholesale,” or any variations of these terms.

Filing requirements in North Carolina

Entrepreneurs looking to form corporations in North Carolina must file articles of incorporation with the state. Companies must submit an annual report due 60 days after the anniversary month of the incorporation.

Required information for the Article of Incorporation

A company’s Articles of Incorporation must list a company’s authorized shares along with their assigned par value; North Carolina corporations must list the name and address of a registered agent with a physical North Carolina address. Inc. Plan (USA) can help you with the necessary filings and also with qualified registered agent service.

Taxes and fees requirements

C corps are subject to corporate income tax, based on income generated in the state, at a rate of 6.9%. Companies planning to hire employees are required to obtain an EIN.

If you are ready to get started you can fill out our application or call 1-302-428-1200 for a Free 30 Minute Live Consultation.



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