Amendments & Additional Filings

From time to time in the life of a business, some of the original information filed in the articles of incorporation or articles of organization may need to be updated to reflect the current business structure or focus. To change or update this information, a certificate of amendment must be filed with the state were the business was originally filed. Some examples of changes would include Changing the name of the business, altering the business purpose, or changing the stock structure of the company.

New Corporate Services can help you file any one or all of these amendments with the state.

Name Amendment - Should your company want to change the name of the business you must file an certificate of amendment with the state of formation. You may also want to notify the IRS and your state taxing authority after the amendment has been filed.

Purpose Amendment - When your articles were initially filed with the state you were required to provide a purpose for the business. Some states require a general purpose which allows for any lawful purpose while other states will require a more detailed purpose to be provided. If the direction of your companies focus has changed and your state initially required a more detail purpose you may want to consider filing a certificate of amendment.

Share Amendment - During the life of your corporation you may find it necessary to change the stock structure of the business. The main reasons are to attract new investors and additional capital. Please note that in some states changing the authorized shares and or par value may have have a direct effect on the amount of franchise tax paid by the corporation.

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