Startup Articles of Incorporation are essential when establishing a new corporation in the United States. This document is typically filed when founders decide to formalize their business structure, seek external investment, or require the liability protection offered by corporate status. The articles include crucial information such as the corporation's name, purpose, stock structure, and governance framework. They must be filed with the appropriate state authority and comply with state-specific corporate laws. This document is particularly important for startups planning to raise capital, as it establishes the legal framework necessary for issuing stock to investors.
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1. Article I: Corporate Name: Legal name of the corporation and any DBA names
2. Article II: Registered Agent and Office: Name and address of registered agent and principal office location
3. Article III: Corporate Purpose: Statement of business purpose and permitted activities
4. Article IV: Capital Stock: Authorized shares, classes of stock, and par value
5. Article V: Board of Directors: Initial directors and board structure
1. Article VI: Preemptive Rights: Rights of existing shareholders to maintain ownership percentage in future stock issuances
2. Article VII: Indemnification: Provisions for protecting and indemnifying directors and officers
3. Article VIII: Amendment Provisions: Procedures and requirements for modifying the articles of incorporation
1. Schedule A: Initial Shareholders: List of initial shareholders and their stock allocation
2. Schedule B: Initial Directors: List of initial board members and their information
3. Schedule C: Stock Transfer Restrictions: Details of any restrictions on stock transfers
4. Schedule D: Special Rights and Privileges: Any special rights attached to different classes of shares
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