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How to incorporate in Pennsylvania (PA)There are three ways to incorporate your business in Pennsylvania: hire a lawyer to do the job for you (a very expensive option), walk in to the State Department office and do it by yourself or to use a professional incorporation company, like Active Filings. Whatever method you chose, this section will provide you the basic information you need to know about PA filings. Corporate Name EndingsThe name may be in any language but must be expressed in English letters or characters or Arabic or Roman numerals; shall contain word "corporation", "company", "incorporated" or "limited" or its abbreviations. Articles of Incorporation RequirementsDirector Information * Minimum Number - One or more. * Residence Requirements. - No provision. * Age Requirements - Must be 18 or older. * Directors are not required to be listed in the articles of incorporation. Officer Information * The officers are not required to be listed in the articles of incorporation. Stock Information * No extra filing fees based on number of share or amount of par value. Yearly Requirements* Annual Statements - based on the amount of stock. * Basis. Capital stock value is (1) the product of one-half times the sum of a corporation's average net income capitalized at 9.5% plus 75% of such corporation's net worth (2) minus $100,000 [72 P.S. S:7601]. Algebraically, capital stock value equals [(.5) * ((average net income/.095) * (.75 * (net worth)) - $100,000)]. Net worth is the sum of the corporation's issued and outstanding capital stock, surplus, and undivided profits as of the close of the tax year. Minimum tax is $300. Income Tax Rate* 9.9% of taxable income. For more information on taxes, visit www.revenue.state.pa.us How Active Filings can help you with your PA Filings ?
We also provide Registered Agent services to Foreign (out of state), and local companies as well as Foreign Qualifications (companies from other states setting a branch in Pennsylvania). Starting Your Business in Pennsylvania:Email this Page |
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ActiveFilings LLC is a document filing service and cannot provide you with legal, tax or financial advice. The information on our website, www.activefilings.com is designed to provide general information related to the business formation in the USA. It is presented with the understanding that ActiveFilings LLC is not engaged in rendering legal, accounting or other professional services. If legal advice or other professional assistance is required, the services of a competent professional person should be sought. |
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