Form a S-Corp in Colorado
Everything you need to know about forming a S-Corp in Colorado. Filing fees, requirements, timeline, and step-by-step guidance.
How to File
Choose a Corporate Name
Select an available name that includes 'Corporation,' 'Incorporated,' 'Company,' or abbreviations. Check availability through Colorado SOS website.
30 minutes
Appoint a Registered Agent
Designate a registered agent with a Colorado address to receive legal documents and state correspondence.
15 minutes
File Articles of Incorporation
Submit Articles of Incorporation to Colorado Secretary of State with required information and filing fee.
45 minutes
Obtain Federal EIN
Apply for an Employer Identification Number from the IRS for tax purposes and banking.
20 minutes
What's Next After Filing
Once your S-Corp is officially formed, you'll want to complete these important steps:
- •File Form 2553 with IRS — Submit IRS Form 2553 within 75 days to elect S-Corporation tax status for pass-through taxation.
- •Create Corporate Bylaws — Draft internal bylaws governing corporate operations, though not required to be filed with the state.
- •Issue Stock Certificates — Issue stock certificates to initial shareholders and maintain proper corporate records.
Advantages
- ✓Pass-through taxation eliminates double taxation on corporate profits
- ✓Limited liability protection for shareholders from business debts and obligations
- ✓Enhanced credibility and professional image for business operations
- ✓Ability to have up to 100 shareholders while maintaining tax benefits
Considerations
- •Strict eligibility requirements including citizenship and residency restrictions for shareholders
- •Limited to one class of stock which restricts investment flexibility
- •Required to file both state annual reports and federal tax returns
Annual Obligations
What OpenChamber Does
We don't file paperwork for you — we guide you through doing it yourself, which saves money and helps you understand your business from day one.
Personalized Checklist
Every task you need, organized by priority and tailored to Colorado.
Vetted Professionals
When you need help, we connect you with professionals we trust.
Progress Tracking
Never lose track of where you are or what's next.
Track Your Progress
Get a personalized checklist for forming your S-Corp in Colorado — and everything that comes after.
Get Your Free Checklist