| COLORADO |
| Name |
Must contain words Incorporated, Corporation, Company, Inc., Corp., Co., Limited Liability Company, Limited, Ltd., Liability, Co. or L.L.C.To use a fictitious name, the filling fee is $10 with the Secretary of State. |
| Information about Directors and Officers |
Company must have at least one Director. Required minimum of age is 18. No requirements for residence. One director can hold all officer positions. It is not required to list Directors and Officers in the Articles of Incorporation. |
| Requirements for address |
Home or Office street can be considered as company address. P.O. Box is not admissible. |
| Registered Agent |
Registered Agent is required if you do not live or have an office in Colorado. Otherwise, you can be your Own Registered Agent. |
| Shares/Stock information |
You may authorize 1,000,000 shares of common stock at no par value. Initial filing fees do not change with an increase in shares or par value. |
| Annual statement |
The annual report must be filed within two months of receiving the annual report notice from Secretary of State. New Corporations must file first report in 2nd year succeeding calendar year after filing date. The cost is $10 for domestic Corporations if e-filed. Paper filing fees are $25 for domestic entities and $100 for foreign entities for two years. |
| State fees |
State fee is $50 plus $15 expediting filing fee with the Secretary of State. |
| Income tax rate |
4.63% of net income from sources within Colorado. |
| Franchise tax |
No Franchise Tax. |
| S Corporations |
Status is recognized by the State. A separate State election from federal election is not required. |
| License requirements |
Certain types of businesses in the State (architects, brokers, chiropractors, dentists, engineers, family therapists, geologists, nurses, optometrists, pharmacists, Physical Therapists, veterinarians etc.) are required to obtain a license and pay fee. Check with the State to make sure your business is complying with the license requirements for your particular profession. |
| Corporate records |
The Articles of Incorporation; Bylaws; minutes of shareholders' meetings; all written communications to shareholders for past three years; the names and addresses of directors and officers; a copy of most recent corporate report; and all financial statements for the preceding three years must be kept at the Corporation's principal office. |
