West Virginia Corporation
For West Virginia Corporation prices and State fees, please visit the costs page for forming a Corporation in West Virginia.
A West Virginia corporation is a separate legal entity and is owned by shareholders and managed by directors. The West Virginia corporation directors appoint officers to run the corporation on a day-to-day basis and determine policies and actions to be taken by the corporation. In order for the corporation to be operated correctly, some formalities must be observed. These include, issuing stock, meeting of the shareholders and maintaining meeting minutes. When these formalities are observed, the corporation will be recognized as a separate "e;person" from those who own it, in the eyes of a court, creditor and the IRS.
All corporations and business entities filed with the West Virginia state office are subject to an annual filing of a statement of information, or annual report. This generally means a small filing fee is required. West Virginia corporation directors, officers and legal addresses are sent to the state office. corporation state offices generally allow for the filing of this report online, or you can call Companies Incorporated and have your statement filed for you, for a small service fee. This will ensure that your corporation is in good standing with the state office.
A corporation’s Articles of Incorporation are the documents filed with the state office that brings the company into legal existence. Once the documents are filed the corporation is a legal entity. However, there are additional elements required so that the legal entity that has been created provides the protection and tax savings offered by corporate law. Depending on the nature of your corporation, the documentation requirements could be relatively simple or very complicated. Each state has its own requirements regarding the contents of the articles of incorporation. Please contact one of Companies, Inc.’s helpful associates to determine what the filing requirements are for your potential corporation in your chosen state of incorporation.
