S-Corp Information – Vermont

By | February 13, 2008

Address of state corporation department:
Vermont Secretary of State
81 River Street
Montpelier VT 05609
Telephone: (802) 828-2386-1104
State web address: www.leg.state.vt.us/
State law reference: Vermont Statutes Annotated, Title 11A.
Title of filing: Articles of Incorporation.
Filing Fees: $75.
Other fees: None.
Name reservation: Reservable for 120 days (renewable twice) for $20 fee. (Section 4.02).
Name requirements: Corporation, Incorporated, Company, Limited, or abbreviation. (Section 4.01).
Incorporator requirements: One or more natural persons, 18 years or older. (Section 2.01).
Corporate purpose requirements: General “all purpose” clause (see instructions). (Section 3.01).
Director requirements: Three (unless fewer than three shareholders, then same amount). May be nonresidents.
(Sections 8.02, 8.03(a)).
Paid-in capital requirements: None.
Annual report requirement: Yes, to Secretary of State. (Section 16.22). $25 filing fee.
Publication requirements: None.
Other provisions: Articles of Incorporation must state whether one or more classes of shares together (1) have
unlimited voting rights, and (2) are entitled to receive the net assets of the corporation upon dissolution. (Section
2.02). Articles must state the number, names, and addresses of the initial directors, the business purpose, and the
month the corporation’s fiscal year ends.