Incorporation

In Massachusetts, many business owners choose to incorporate as a domestic, for-profit corporation, which is a “typical” entity that issues shares of stock to its owners in return for an investment of capital in the business.  The stockholders then choose a Board of Directors that is responsible for the actual management of the corporation on behalf of the stockholders.  Although incorporation is in itself a detailed and important process, we know that in many cases the decisions that you make before putting together your corporate paperwork can have a much greater effect on your business than actual corporate formalities.   Because we are committed to the long-term health of your business, Brown & Brown, PC takes the time to sit down with you before we actually help to create your corporation, and we discuss your goals, priorities and visions for the company in detail.  Once we have gotten to know you, we then draft the appropriate corporate documents, which will include Articles of Organization and bylaws. 

To start your corporation, you will need to file Articles of Organization with the Secretary of State. While the actual filing process is relatively simple, we will work on all of the details with you to make sure that you have the correct information, an acceptable corporate name, and that you have thought through the best way to incorporate your business and have chosen appropriate incorporators. 

A new corporation also needs corporate bylaws that outline the day-to-day management of your corporation, the composition of your board of directors, the way shareholders hold meetings and how decisions are made.  While the actual incorporation is usually fairly basic, the drafting of bylaws will often take time and collaboration between the initial shareholders.  We are committed to giving you the best possible corporate foundation, and will work with you to develop bylaws that reflect your goals and allow you to properly manage your company well into the future. 

Finally, each new corporation requires a tax identification number from the IRS. We can obtain the tax identification number for you, allowing your new business to open a bank account and begin operation.