Form a New Jersey Corporation
Learn more about incorporating in New Jersey. We will assist you with forming your New Jersey corporation, the right way. To get started, simply click on “Order Now.” Please feel free to call us, anytime, with any questions.Incorporating in New Jersey
Incorporating in New Jersey can be vital to businesses based of New Jersey. At LawInc, we prepare your New Jersey Public Records Filing Form, bylaws, stock certificates, stock ledger and more. We can even obtain your New Jersey corporation Tax ID number and file your S corporation election with the IRS.New Jersey Incorporation Information
The following New Jersey incorporation information will likely be helpful when deciding to incorporate in New Jersey.New Jersey Corporation Name
The first step in forming an New Jersey corporation is selecting the business name. New Jersey corporation names:- The name must contain the word “corporation,” “company,” “incorporated,” “limited” or an abbreviation of one of these terms.
- Cannot be deceptively similar to, or similar to the name of any existing domestic or foreign filing entity, or any name reservation or registration filed with the Secretary of State.
- Corporation name.
- Number of shares to be issued.
- Registered agent address.
- Name and address of the incorporator.
- Corporation’s initial principal mailing address.
New Jersey Corporation Post-Filing Requirements
New Jersey Annual Corporation Registration: New Jersey corporations must submit annual reports and associated processing fees each year following their dates of registration. Online filing is now mandatory for all annual report filings. Visit here for more information: http://www.state.nj.us/treasury/revenue/dcr/programs/ann_rpt.html New Jersey Corporate Minutes: New Jersey corporations are required to hold and document annual shareholder and director meetings.New Jersey Corporation Taxes
New Jersey Corporation Taxes: For information on New Jersey taxes, visit: http://www.state.nj.us/treasury/taxation/corp_over.shtml New Jersey C Corporation: All New Jersey corporations formed by default are “C” corporations. A New Jersey C corporation is a New Jersey corporation that has not made an election to be an “S” corporation. The term C corporation is specifically used because the entity is taxed under subsection C of the IRS code. New Jersey C corporations are taxed at two levels (“double taxation”). This means that the corporation itself pays its own tax when it makes money (the first tax). The owners or shareholders are then taxed again when they are paid a salary or dividend by the corporation (the second tax). Despite double taxation, New Jersey C corporations offer many planning and benefit opportunities. New Jersey S Corporation: A New Jersey S corporation is a corporation that has made an election with the IRS to be treated for tax purposes as a “pass-through entity.” This means that corporate profits and losses are passed through to the shareholders (owners) who report them on their own personal tax returns and pay the tax at the individual level. The corporation pays no federal income tax at the corporate level. New Jersey S corporations are not subject to the double taxation C corporations encounter. Federal Tax Identification Number/Employer Identification Number (EIN): The Federal Tax Identification Number, also known as the Employer Identification Number (EIN) is a number that is assigned to a business by the Internal Revenue Service. An EIN is like a Social Security Number for a business. It is a requisite for certain business functions such as opening bank accounts or hiring employees. All New Jersey corporations should obtain an EIN.