How to create a corporation in North Dakota
Creating a corporation in North Dakota is more manageable than many business owners expect. Below is a simple overview of what’s involved when you create a North Dakota corporation.
1. Choose your corporation type
North Dakota supports several corporation structures. Most for-profit businesses choose either a C corporation or an S corporation, while others may qualify as a nonprofit or professional corporation depending on their industry and goals.
2. Decide on a company name
Your corporation’s name must be distinguishable from other entities on record with the North Dakota Secretary of State and include an appropriate designator such as “Corporation,” “Incorporated,” or an accepted abbreviation. Many business owners complete a North Dakota corporation search before filing to confirm their preferred name is available.
3. Get a registered agent
Every North Dakota corporation is required to maintain a registered agent with a physical address in the state. This agent receives legal notices and official correspondence on behalf of your corporation. You may appoint an individual or a professional service provider. Corporate Creations offers registered agent services nationwide, including full coverage in North Dakota.
4. Choose an incorporator
An incorporator is responsible for signing and submitting the Articles of Incorporation to the North Dakota Secretary of State. This can be an individual, an attorney, or a third-party service provider acting on your behalf.
5. Issue shares
Your Articles of Incorporation must outline the corporation’s authorized shares. North Dakota allows flexibility in how shares are structured, but if multiple classes of stock are authorized, additional details about rights and preferences are required.
Because share structure can affect ownership and governance, many businesses seek professional guidance before finalizing this step.
6. File the Articles of Incorporation
Once all required information is prepared, the Articles of Incorporation are filed with the North Dakota Secretary of State, typically online or by mail. After acceptance, your North Dakota corporation is officially formed. Additional setup steps may follow, such as adopting bylaws and holding initial meetings – find out more about how to start a corporation.
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