Texas Corporation Formation

I'm 15, my 2 business partners are the same age as me. One of us is almost 16, not that it makes a difference because it is always less than 18 years.

I read on the training certificate for a "for profit" company and I came across an article that was read

one organizer is required for the formation of a for-profit corporation. An organizer may be any person capable of contracting for the person or another is a natural person 18 years or more, or a corporation or other legal entity. There is no residency requirement for an organizer.

Will I be able to start this company and be CEO if my mother or other guardian of one of us signs that the organizer, and we do Guadiana sign everyone on this documenta

You can do this without having a person over 18 if you do not mind spending the extra money. If you can afford the extra cost, find another state that has no minimum age, stir, then the corporation authorized to do business in Texas as a foreign corporation. It will essentially twice as expensive.

Texas A national company is $ 300, a foreign company will cost borne by that State more than $ 700 for doing business in Texas. The "18 +" * * requirement does not apply to a foreign company being allowed to do business in Texas. (A "foreign" is a company operating in a State other than the state it is incorporated a "domestic" is a company operating in the state where it is incorporated.)

I lived in Virginia so I set up a company where I lived. When I moved to Maryland, I could either set up a new company, my company has changed from being a Maryland corporation within, or paid the fees for permission as a foreign corporation. I chose the latter, so I have a corporation authorized to do business in both states, Virginia is a national company, in Maryland is a foreign company.

You can create one in Nevada for about $ 350, including agents' fees. If you want to pay a place to send mail from there, I recommend Colorado is only $ 50 to incorporate (more likely $ 100 per year for the venue) is only $ 10 per year to renew and you do not work in Colorado you do not even file tax forms on income from Colorado, and you can integrate the Internet in 10 minutes with a web browser and a Visa or MasterCard.

If you need a Visa or Mastercard, you can purchase a gift card to 7-11 for $ 5 plus the amount you want to put on, if you have trouble opening a checking account with a debit card Visa.

So if you can afford $ 1,000 instead of $ 300, you can be CEO of your own business in Texas without being age 18 or who need anyone, just head You'ld the direction of a non-Texas authorized to do business, if there is no difference between a domestic company in Texas and a foreign company.

I was surprised incorporation fees are very high in Texas, even more than California or New York.

Oh wait, I just thought of something.

You only need the organizer - the person who signs the form - more than 18 years, the registered agent and directors and officers need not be. You can be a director, CEO and registered agent. So find someone over 18, you can pay $ 20 to sign two pieces of paper. 1, the company charter; 2, a statement showing (a) a meeting of the board of directors is required, (b) you have been appointed Chief Executive Officer, (c) you and whoever else is your appointed director and partner (s) to resign and have no other relationships in society. You date the second point after the company charter is approved by the State.

You only need the organizer -.