Incorporate your business in Indiana;
Our Incorporation information is to help you with the small
business startup process. The Indiana Incorporation info can
help answer questions like "How do I form an LLC in Indiana?"
or "What type of Incorporation entity should I be? An Indiana
S-Corporation or an Indiana C-Corporation?" or "What are the
requirements for an Indiana Corporation?" It's easy to set up
an Indiana Corporation with our Incorporation Software. It has
this and other Incorporation info right on the software. So
once you know, your ready to go!
Corporate Name Endings
The name must include the word "Corporation,"
"Incorporated," "Company," "Limited," or an abbreviation thereof.
The name cannot imply purpose or power not possessed by corporations
organized under Indiana Business Corporation Law or in the articles
of incorporation. The name must be distinguishable from a reserved
name or the name of any other corporation then existing under
the laws of the state, unless consent of the other user is obtained.
Corporation Requirements
Director Information
Minimum Number - One or more.
Residence Requirements - No provision.
Age Requirements - None.
Directors are not required to be listed in the articles
of incorporation.
Officer Information
Officers are not required to be listed in the articles
of incorporation.
Stock Information
An increase in shares or par value does not affect
initial filing fees.
Corporate Records
The current articles of incorporation, the bylaws,
minutes of shareholders' and directors' meetings, written
communications to shareholders within the last three
years, names and addresses of current directors and
officers, and the most recent annual report must be
kept with the corporation records.
Tax and Fees
Biennial Statements
Every corporation must file a business entity report
every two years. The filing fee is $30. The first biennial
report must be filed in the second year following the
calendar year in which a corporation was incorporated.
Income Tax Rate
The tax rate is 3.4% of adjusted gross income from
Indiana sources plus a 4.5% supplemental net income
tax.
S Corporation
S Corporation status is recognized by the State of
Indiana; however, the corporation must withhold taxes
on amounts paid to non-residents. A separate state election
from the federal election is not required.
License Requirements
Indiana requires many businesses to obtain a license
and pay a fee if operating in the state. Please check
with the state to make sure your business is complying
with the license requirements for your particular profession.
