How to register a business name in Pennsylvania as a corporation?
What is a Pennsylvania business corporation?
- A PA business corporation is a business organization to do business under an entity.
- It is different from a fictitious name or a sole proprietorship.
- A Pennsylvania business corporation is considered a more complex business organization.
- It is registered under Pennsylvania state laws and managed by the Pennsylvania state statutory or by-laws.
- A corporation holds business assets and liabilities.
- A corporation may issue shares of stock to individuals or other domestic or foreign entities.
- Individual stockholders or officers of a Pennsylvania business corporation are not personally responsible for the debt of the PA corporation.
How to apply for a Pennsylvania Business Corporation?
- Pennsylvania articles of incorporation must be filed with the state of Pennsylvania to organize a business corporation.
- The filing fee is $125.00 to form a corporation in the state of Pennsylvania.
How long does State of Pennsylvania takes to register a corporation?
Generally, it takes five to seven business days to process your application to incorporate a business corporation in Pennsylvania.
What is the Pennsylvania business corporation advertisement requirements?
After getting approved articles of incorporation by the state, you are responsible to make publications in two newspapers of general circulation, including a legal journal, and it should be published in the county where the corporation is registered.
What is an S Corporation Pennsylvania?
- Letter "C" or "S" corporation are Internal Revenue codes, and there is no provision available in the article to file an S corporation with the PA state.
- An S corporation is a tax code not a filer code and you file an election with the Internal Revenue Service by filing a Form 2553 to file taxes as an S Corporation.
- S Corporation issues Form K-1 to each stockholder to report on personal return.
Pennsylvania Annual Report Filings
There is no annual report filing available in Pennsylvania and you will file an amendment to make any change in the original filed articles with the PA state department.
