What Is a Corporate Charter?
A corporate charter, also known as a "charter" or "articles of incorporation," is a written document filed with the registrar by the founders of a corporation. It details the major components of a company, such as its objectives, structure, and planned operations. If approved by the state, the company becomes a legal corporation.
At the most basic level, the corporate charter includes the corporation's name, its purpose, whether the corporation is a for-profit or nonprofit institution, the location of the corporation, the number of shares that are authorized to be issued, and the names of the parties involved in the formation.
Some government websites provide templates for corporate charters. However, some businesses opt to consult and hire business lawyers when creating and filing corporate charters to provide more legitimate and favorable legal business documents and environments.
Pinklaw provides service specialized on this.