The Texas Non-Profit Corporation Act and the Texas Business Organizations Code require a nonprofit corporation to have at least three directors, one president, and one secretary. The same person cannot be both the president and secretary. Officers and directors must be natural persons.

Yes, one person (U.S. or foreign) can be the President, Secretary, Treasurer and Sole Director of a Delaware Corporation, without disclosing the name or names in the Certificate of Incorporation. (Note: the Director or Directors are allowed to amend the bylaws of the Corporation). One person (U.S. or foreign) can also be the owner and managing member of an LLC. Go Back to the Top of the Page

Yes. Proprietors who wish to hold the entire share capital can do so by forming a "Single Member Company".

Yes, one person can be the President, Secretary, and Treasurer, as well as Sole Director, of a Nevada Corporation. This person is not required to disclose his or her name in the Articles of Incorporation. (Note: Directors are allowed to amend the bylaws of a Corporation). In order to obtain a Section 501(c)(3) tax exempt status, a company should file Form 1023 with the IRS. Go Back to the Top of the Page annual fee of $90 is paid to Agents and Corporations, Inc.

Yes, one person (U.S. or foreign) can be both an Officer and the Sole Director of a Florida Corporation, without revealing his or her name in the Articles of Incorporation. Likewise, in an LLC, one person (U.S. or foreign) can be the owner and managing member. Go Back to the Top of the Page Yes. In order to receive tax-exempt status under Section 501(c)(3), the company must file Form 1023 with the I.R.S. Go Back to the Top of the Page

Officer changes are made by filing a corporation annual registration. The registration may be filed, and changes made, online at https://corp.sos.state.ga.us/business/annualreport. The fee for filing a registration and making changes is $30. Georgia law regarding limited liability companies requires only the listing of the registered agent; thus, officers for LLCs are not listed and there is no procedure to "change" them by filing with the Secretary of State.

Yes, one person (U.S. or foreign) can incorporate a Corporation in Delaware. One person (U.S. or foreign) can also form an LLC in Delaware. Go Back to the Top of the Page

In all the jurisdictions we offer one shareholder is the minimum requirement except in Panama where a minimum of three persons are needed for incorporation (we provide you with nominees).

A nominee Shareholder or Director is a third party who allows his/her name to be used in place of the real or beneficial owner and director of the company. The nominee is advised particularly in those jurisdictions where the names of the officers are part of a public record, open for anyone who cares to look can find out these identities. The name of the nominee will appear and ensure the privacy of the beneficial owner.

Yes you can and we offer the service. A shareholder and a director may be the same person (natural or corporate). In our opinion, you should use our nominee service because there is a public record of shares.

The most important restriction is that only natural persons may serve.? This means that a corporation (or any other business entity) may not serve as a director or officer. The other restrictions deal with legal capacity to contract.? Individuals less than eighteen years of age, or who are mentally incompetent, may not enter into legally binding agreements and therefore cannot serve as directors or officers.

No. If there is only one director he or she cannot also be the secretary. However, if there are two, one can be secretary as well. There are no qualification requirements for either directors or secretaries. They can be individuals or another company. They do not need to be UK resident. In the terms of digital signature, It is the responsiblity of the applicant that all persons give him/her their authority to act as company officers.

Yes, a foreign person or Corporation can form and be the owner of a Delaware Corporation or LLC. Go Back to the Top of the Page

No. A Corporation Sole is not a person, it is an Office, filled by a person (such as "Director" or "Minister"). Remember that the Corporation Sole is the asset-management arm and office of a church.

There are two parts– the name of the Office, and the name of the Church or Spiritual Organization. For the Office, in most States you have many choices (e.g., in Nevada, “archbishop, bishop, president, trustee in trust, president of stake, president of congregation, overseer, presiding elder, district superintendent or other presiding officer or clergyman of a church, religious society or denomination).

In rare circumstances, perhaps. Many Corporation Sole providers would claim this, but the foundational question is: Is the Corporation Sole based on a church? If you really have a church, and only your family members come, that may not impress the IRS if they ever investigate you. Also, if you try to put personal possessions or your house into the Corporation Sole, or try to claim that you don’t owe taxes on personal income, then you will be operating illegally.

The key word here is “my.” If you truly give assets to a church, they are no longer yours. If you place a car into the Corporation Sole, and then only use it for yourself – for personal and business as well as church purposes, then the IRS or a court would probably consider that to still be your car.

Most states only require a corporation to have one director. Each director must be an adult. Furthermore a director is not required to reside within the state of incorporation. In addition one person may be director and hold all offices. Note: It is important to note that a shareholder may serve on the board of directors and as an officer. In fact, in most states one shareholder is sufficient to form a corporation.

The responsibility for the activities of the company ultimately lies with the beneficial owner and is therefore required to accept this responsibility by signing this declaration which is held confidentially by the registered office. This confidentiality is protected by the law which provides for a fine of ­ 25,000 USD and/or a prison sentence of two years if confidential information is given out without a court order from the local courts.