| DISTRICT OF COLUMBIA |
| Name |
Must contain words Company, Corporation, Incorporated, Inc., Corp., Co., Limited Liability Company, Limited, L.L.C., LLC or Ltd. |
| Information about Directors and Officers |
Company must have at least one Director. No requirements for residence or age. It is required to list Directors but not Officers in the Articles of Incorporation. |
| Requirements for address |
Home or Office street can be considered as company address. P.O. Box is admissible for Incorporations only. |
| Registered Agent |
Registered Agent is required if you do not live or have an office in District of Columbia. Otherwise, you can be your Own Registered Agent. |
| Shares/Stock information |
Number of shares is a matter of discretion. Initial filing fees do not change on increase in shares or par value. |
| Annual statement |
Corporations must file reports with the Mayor by April 15 of the year after its incorporation and on or before April 15 of each second year thereafter. The report fee is $200. The penalty for filing late is $25 plus $10 for every month it is late. |
| State fees |
The minimum filing fee is $120. The maximum number of shares allowed in order to meet the minimum fee is $100,000 with par value or 1,000 shares with no par value. |
| Income tax rate |
Tax rate is 9.975% on income earned in the District. The minimum tax is $100. |
| S Corporations |
S corporation election is not recognized by the State. |
| License requirements |
Most businesses must obtain a license and pay a fee if operating in the District. Check with the State to make sure your business is complying with the license requirements for your particular profession. |
| Corporate records |
A list of shareholders must be kept at the Corporation's principal office. |
