Here are some simple steps to follow to form your own Limited Liability Corporation (LLC):

• Choose and reserve a corporate name that does not violate another company’s trademarks. You cannot use a corporate name that sounds or spells similar to an existing business. Check with your local secretary of state or the Department of Commerce or the Commissioner of Corporations for local or foreign registered corporations for similar or existing corporate names that may be infringing on trademarks with your chosen corporate name.
• Select the appropriate corporate type, such as unlimited “C shareholders, limited” S “shareholders, or professional corporation (for licensed professionals).
• Decide where your cooperation will be incorporated. You must meet the state residency requirement. Generally, people establish corporate headquarters in states like Nevada and Delaware, where liberal corporate laws and benefits apply. Typically, things indicate where you and other corporate members live.
• Create a pre-incorporation agreement that includes shareholder names, incorporation status, corporate name, corporate purpose, number of shares to be issued, initial shareholder share plan, and tax status.
• Create and file the Article of Incorporation with the state. The state corporate filing office has preprinted forms. In this, you must include the Incorporator (s) or promoter (s) who is the person responsible for creating the corporation and is responsible for accepting any legal documents delivered to the corporation. This includes the number and types of shares that shareholders will own. Dividends are guaranteed to preferred shareholders before they are paid to ordinary shareholders. Small businesses typically compensate owners through salaries, bonuses, and fringe benefits.
• Create corporate bylaws based on state corporate rules of life and allow owners to fill in rules at their discretion, such as the number of board directors, rules for shareholders’ meetings, and governing voting procedures. It is not necessary to present this document during the article of incorporation, but it must be completed with the documentation of incorporation.
• State law requires that the minutes of your first organizational meeting of the board of directors be recorded. At this first registered board meeting, the board directors must elect salaried corporate officers for day-to-day activities. Most state laws require that the corporate officer include a president, secretary, and treasurer. However, most states allow all posts to be in the hands of the same person. This is generally acceptable for small corporations.
• With the state Department of Corporations, file a Stock Issuance Notice that issues stock certificates to shareholders.

Follow those simple steps to help you easily set up your own small business corporation that you have been dreaming of for a long time.