Saturday, September 10, 2022

Business Formation Documents Required in NJ

In New Jersey, the following documents are typically required to form a business:


Articles of Incorporation: This document establishes the basic information about the corporation, such as the company's name, purpose, and the number and classes of shares it is authorized to issue.


Registered Agent: A registered agent is a person or business entity that is designated to receive legal documents on behalf of the corporation.


Business License: A business license is required for most businesses operating in New Jersey.


Employer Identification Number (EIN): This is a federal tax identification number that is required for businesses that have employees or will be required to file certain business tax returns.


Operating Agreement or By-laws: This document outlines the rules and regulations for the corporation's internal management and governance.


Sales Tax Permit: If the business will be selling tangible goods, it will need to obtain a sales tax permit from the New Jersey Division of Taxation.


Zoning and land use permits: Depending on the nature of the business and its location, it may be necessary to obtain zoning and land use permits.


It is important to note that the specific documents required may vary depending on the type of business, such as sole proprietorship, partnership, LLC, S-Corp or Corp, and the exact location of the business. It is always best to consult with a business attorney for specific guidance.


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