Massachusetts attorneys, Bernard J. Hamill, Quincy, Massachusetts


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Starting Your Massachusetts Corporation

HOW to Form Your Corporation:

First, see if the name for the Corporation is available. We can do this search for you.

Then you need to file your "Articles of Organization" with the Massachusetts Corporations Division with the filing fee of $305. This can be done very quickly and affordably by our office: see our Fees page for pricing. Once your Articles of Organiztion are accepted by the Secretary of State, your Corporation is a legal entity.

Once your Corporation is formed YOU MUST DO THESE THINGS:

Now what?

1) You need to obtain a Employer identification number from the IRS (Form SS-4). This can be done by phone by calling the IRS Business & Specialty Tax Line at (800) 829-4933 or online at the IRS website: http://www.irs.gov/businesses/small/article/0,,id=97860,00.html

2) Next, you should establish a seperate bank account for your corporation. You will need your business identification number to do this.

3) Next, you need to issue stock certificates. Our office can order printing of Stock certificates for you as part of our "professional" Incorporation package.

4) Next, you need to hold several important meetings: The First is called the "stockholders meeting" whereby the original owners (stockholders) vote in the Board of Directors. Then the Board of Directors votes into office the President, V.P. and Clerk etc. The clerk can take down the minutes of this meeting.

5) Although not mandatory, By Laws should be created and adopted by the Board of Directors. They set out the "rules" for running the corporation.

6) Stockholder agreements are a good idea at this time also to set out and define the proceedures for selling of transferring stock. Medical reimbursement plans are an attractive option at this time also.

Or call us and let us do these for you: (617-479-4300) or click here for the Maximun Protection Plan

All of these steps are required in order to maintain proper corporate protection advantages. If you do not do these things it may be possible for a creditir to strip you of corporate insulation from personal liability. That is called "piercing the Corporate veil". You must keep your personal assets and corporate assets seperate.

To obtain the legal protection that you thought you were getting when you incorporated and to prevent the Piercing of the important Corporate Veil of Protection, we have established a Corporate Compliance Service to provide business compliance solutions for corporations -- insuring that the necessary legal formalities are met. For a reasonable annual legal fee for each entity, we can provide companies with basic corporate compliance services.

Law Office of Bernard J. Hamill
617-479-4300

36 Miller Stile Rd., Quincy, MA 02169
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