Legal+Information

Tennessee Articles of Incorporation Requirements
Corporate Name Endings The name must include “corporation”, “incorporated”, “company” or abbreviation of similar meaning, including words or abbreviations in foreign language. The name must be distinguishable upon secretary of state’s records from corporate name or assumed name of domestic or qualified foreign corporation or name reserved or registered under Tennessee law; or the name of a not for profit corporation, limited partnership, or limited liability company. __**Director Information **__ __﻿__ __**Officer Information **__ __﻿__ __**Stock Information **__
 * Minimum Number – One or more.
 * Residence Requirements. – No provision.
 * Age Requirements – None.
 * Directors are required to be listed in the articles of incorporation.
 * The officers are not required to be listed in the articles of incorporation.
 * __No extra filing fees based on number of share or amount of par value.__

__Yearly Requirements __

 * Annual Statements
 * Every domestic corporation and every foreign corporation authorized to transact business in Tennessee (except state and national banks) must file an annual report with the Secretary of State by the 1st day of the 4th month following the close of the corporation’s fiscal year. Filing fee is $20.

__Income Tax Rate __

 * <span style="color: #800080; font-family: 'Comic Sans MS',cursive; font-size: 16pt;">6% of net earnings.
 * <span style="color: #800080; font-family: 'Comic Sans MS',cursive; font-size: 16pt;">Also must pay an excise tax based on stock amount. The tax rate is 25-c- per $100, or major fraction thereof, of issued and outstanding capital stock, surplus, and undivided profits as shown on the corporation’s books and records at the close of its last fiscal year preceding the making of the required report. Minimum tax is $10.

<span style="color: #800080; font-family: 'Comic Sans MS',cursive; font-size: 16pt;">Patents <span style="color: #800080; font-family: 'Comic Sans MS',cursive; font-size: 16pt;">1. The Government Agency from which you can get this type of legal protection. <span style="color: #800080; font-family: 'Comic Sans MS',cursive; font-size: 16pt;">United States Patent and Trademark Office <span style="color: #800080; font-family: 'Comic Sans MS',cursive; font-size: 16pt;">2. The website addresses for this agency <span style="color: #800080; font-family: 'Comic Sans MS',cursive; font-size: 16pt;">[] <span style="color: #800080; font-family: 'Comic Sans MS',cursive; font-size: 16pt;">3. The steps that you would have to take to get the legal protection you need <span style="color: #800080; font-family: 'Comic Sans MS',cursive; font-size: 16pt;">1. you need to check for patentability <span style="color: #800080; font-family: 'Comic Sans MS',cursive; font-size: 16pt;">2. Go down to the patent office and fill out a detailed form about product. <span style="color: #800080; font-family: 'Comic Sans MS',cursive; font-size: 16pt;">3. pay fees <span style="color: #800080; font-family: 'Comic Sans MS',cursive; font-size: 16pt;">4. The approximate COST to obtain this protection (fees) <span style="color: #800080; font-family: 'Comic Sans MS',cursive; font-size: 16pt;">filing fee – $200.00, search fee – $100.00, examination fee – $130.00 issue fee – $800.00. <span style="color: #800080; font-family: 'Comic Sans MS',cursive; font-size: 16pt;">TOTAL-$10,230.00

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