Iowa LLC and Iowa Corporation
Filed with the Iowa Secretary of State Corporation’s Division
Iowa Corporation Names
The Iowa Corporation name must include the word or an abbreviation of a word that indicates that the named entity is a corporation. Examples of a corporate name ending include “Incorporated,” “Corporation,” “Company,” or “Limited.” The name cannot state or imply that the corporation is formed for a purpose other than what is permitted in the articles of incorporation. Also, the name cannot be the same or deceptively similar to any active domestic or foreign corporation or LLC filed with the state.
Iowa Limited Liability Company (LLC)Names
The Iowa Limited Liability Company (Iowa LLC) must use the term “Limited Liability Company”, “LLC” or “L.L.C.” The word “Limited” may be abbreviated as “Ltd.” And the word “Company” as “Co.” The name cannot state or imply that the LLC is formed for a purpose other than what is permitted in the articles of organization. Also, the name cannot be the same or deceptively similar to any active domestic or foreign corporation or LLC filed with the state.
A corporation must maintain a registered agent at all times to accept any important service of process from the state. The registered agent must be located and available during regular business hours at a legal address within the state. Iowa prohibits the use of a P.O. Box as your registered agent’s address.
- Minimum Number – One or more.
- State Residence Requirements – None.
- Age Requirements – Directors must be a natural person at least 19 years of age.
- Directors are not required to be listed in the articles of incorporation.
Officers are not required to be listed in the articles of incorporation.
The classes, as well as the distinguishing designation, relative rights and number of shares of each class that the corporation is authorized to issue, must be listed in the articles. Additionally, the articles must authorize both of the following: (1) One or more classes of shares that together have unlimited voting rights and (2) One or more classes of shares, which may be the same class or classes as those with voting rights, that together are entitled to receive the net assets of the corporation upon dissolution.
The state of Iowa does not list any requirements regarding the handling of corporate records.
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