Many people mistakenly assume that once they have completed their initial establishment filings, there is no need to file anything else. Unfortunately, this kind of thinking can land a corporation in legal hot water, and may even require the administrative dissolution of the corporation.
Is it mandatory to file Articles of incorporation?
This document provides vital information about the corporation, including the name, address, representative information, and business purpose of the corporation. Regardless of the state in which the corporation is incorporated, filing articles of incorporation is mandatory. Create your articles of incorporation in minutes.
How often do corporations have to file reports?
Some states only require that corporations file reports every other year or periodically according to statute. If a corporation “goes public” then the Securities Exchange Commission will have various filing requirements that must be met. These requirements are often significantly more expansive than private company required filings.
What happens if private company does not file annual return?
As per the conditions if a Private Company fails to comply with the provision of Section 137 & 92 pertaining to filing of e-form AOC-4 & MGT- 7 then exemptions give to private limited Companies by the notification dated 5th June, 2015 and 13th June, 2017 shall not be available.
What do I need to file a S corporation tax return?
After the end of your S corporation’s tax year, the corporation must issue a Schedule K-1, Shareholder’s Share of Income, Deductions, Credits, etc., to each shareholder. The corporation also must provide each shareholder with an accompanying set of Shareholder’s Instructions for Schedule K-1.
Can a dormant company file a corporation tax return?
If a company is dormant for only part of an accounting period, it must still complete a corporation tax return. If a dormant company starts trading, HMRC must be informed and a corporation tax return will again be due for that accounting period.
