| Characteristic |
Delaware |
Nevada |
Florida |
| Corporate Name Endings |
Association, Company, Corporation,Club,
Foundation, Incorporated, Institute, Society, Union, Syndicate,
Limited, Co., Corp., Inc., Ltd. or like words or abbrev.
in other languages.
Cannot use Trust without approval of Bank Commissioner |
Corporation, Corp., Incorporated,
Inc., Limited, LTD, Company, Co. |
Corporation, Incorporated,
Company or an Abbreviation of the Above |
| Minimum Directors?
Must be Resident?
Director Age?
Director in Articles? |
One
No
None
Not Required |
One
No
18 or Older
Required to be listed |
One
No
18 or Older
Not Required |
| Officers Listed In Articles? |
Officers not required to be
listed |
Officers not required to be
listed |
Officers not required to be
listed |
| Stock Data |
Increase in shares or par value
does increase initial filing fee |
Increase in shares may
increase initial filing fee |
Increase in shares or par
value does not increase initial filing fee |
| Corp Records |
AT MAIN OFFICE – STOCK LEDGER
AND BASIC CORPORATE RECORDS |
AT MAIN OFFICE – MUST KEEP
– CERTIFIED ARTICLES OF INC AND AMENDMENTS. – CERTIFIED
BYLAWS AND AMENDMENTS, STOCK LEDGER OR STATEMENT OF ITS
LOCATION |
NO LOCATION REQUIREMENT |
| STATE FILING FEE |
$74 |
$75 + $20 IF CERTIFIED PLUS
$125 FOR INITIAL ANNUAL LIST (SEE BELOW)-(MUST BE DONE
WITHIN 60 DAYS OF APPROVED CORP.) |
$80 |
| ANNUAL STATEMENTS |
$20 ANNUAL STATEMENT FEE PLUS
FRANCHISE TAX BY MARCH 1 |
$125 FEE- ANNUAL LIST OF OFFICERS,
DIRECTORS WITHIN 60 DAYS OF FILING |
$150 FEE – Uniform Business
Report – DUE EACH JAN.1 |
| FRANCHISE TAX RATE |
-1 TO 3000 SHARES = $30
- 3-5,0000 SHARES = $50
- 5-10,000 SHARES = $90
- 10,000 $90 + $50 FOR EACH ADD’L 10,000 |
NONE |
FIRST $5,000 OF NET INCOME
IS EXEMPT 5.5% OVER THAT LEVEL |
| INCOME TAX |
NONE UNLESS COMPANY LOCATED
IN DE |
NONE |
NO – ALSO NO PERSONAL INCOME
TAX |
| S – CORP RECOGNITION |
YES – NO FILING NEEDED |
YES- NO INCOME TAX |
YES – ALSO NO PERSONAL INCOME
TAX |
| LICENSE REQUIREMENTS |
SOME BUSINESSES – CHECK WITH
STATE |
SOME BUSINESSES – CHECK WITH
STATE |
SOME BUSINESSES – CHECK WITH
STATE |
| IRS SHARING AGREEMENT |
YES |
NO IRS SHARING AGREEMENT |
YES |
| SHAREHOLDERS ON PUBLIC RECORD
|
NO |
NO |
NO |
| MISC |
-NO MINIMUM CAPITAL
-SPECIAL COURT SYSTEM
-GOOD FAITH DIRECTOR PROTECTION “FRIENDLY STATE” |
-MAY SELL STOCK OR ISSUE AND
VALUE SHARES FOR CAPITAL ITEMS
-GOOD FAITH DIRECTOR PROTECTION “FRIENDLY STATE” |
-No minimum capital |
