Core resources to assist in forming, maintaining, and dissolving a California for-profit corporation.
Forming a corporation and maintaining its books and records may seem like simple tasks at first. However, seemingly straightforward formation and drafting decisions can have far-reaching consequences. For example, the organizational documents of a corporation can have a significant effect on directors' exposure to liability and on the relationship between shareholders.
When forming a California corporation, incorporators must consider, among other things:
What formalities must be observed and what filings are required, including the payment of filing fees and taxes (for more information on filing documents with the California Secretary of State, see Filing Documents with the Secretary of State (CA)).
Whether any foreign qualifications are required.
Maintaining corporate status after formation calls for careful attention to reporting and filing requirements in California, as well as certain actions required by California law, including annual meetings and proper record keeping.
This Toolkit provides certain key resources to help manage the formation, maintenance, and dissolution of a California corporation.