Form a Corporation in North Carolina

Everything you need to know about forming a Corporation in North Carolina. Filing fees, requirements, timeline, and step-by-step guidance.

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$125
Filing Fee
3-5 business days (online); 5-7 business days (mail)
Processing Time
$200
Annual Tax
Required
Registered Agent

How to File

1

Choose a Corporate Name

Select a unique name that includes a required designator such as 'Corporation,' 'Incorporated,' 'Company,' or an abbreviation (Corp., Inc., Co.). Use the NC Secretary of State's online name availability search to confirm the name is not already in use.

30 minutes

2

Appoint a Registered Agent

Designate a registered agent with a physical street address in North Carolina who is authorized to receive legal and official documents on behalf of the corporation. The agent can be an individual resident or a registered commercial agent service.

15 minutes

3

File Articles of Incorporation

Prepare and file the Articles of Incorporation with the NC Secretary of State, which must include the corporate name, number of authorized shares, registered agent name and address, and the principal office address. File online through the NC Secretary of State portal or submit Form B-01 by mail with the $125 filing fee.

1 hour

4

Appoint Initial Directors and Hold Organizational Meeting

Name initial directors in the Articles of Incorporation or appoint them afterward, then hold an organizational meeting to adopt bylaws, issue initial shares of stock, elect officers, and address other foundational business matters. Minutes of this meeting should be recorded and kept with corporate records.

2-3 hours

What's Next After Filing

Once your Corporation is officially formed, you'll want to complete these important steps:

  • Draft and Adopt Corporate BylawsCreate corporate bylaws that govern the internal operations of the corporation, including rules for shareholder and director meetings, voting procedures, officer roles, and share issuance. While not filed with the state, bylaws are legally important and should be kept at the principal office.
  • Obtain EIN and Open a Business Bank AccountApply for a Federal Employer Identification Number (EIN) from the IRS at no cost, which is required for tax filings, payroll, and banking purposes. Use the EIN to open a dedicated corporate bank account to maintain separation between personal and corporate finances.
  • Register for NC State Taxes and Obtain Required LicensesRegister with the NC Department of Revenue for applicable state taxes including corporate income tax and sales tax if selling goods or services. Obtain any required local or state business licenses or permits relevant to your industry and operating location.

Advantages

  • Strong liability protection that separates personal assets from corporate debts and legal obligations, shielding shareholders from personal liability
  • Ability to raise capital by issuing multiple classes of stock and attracting venture capital or angel investors, making growth financing more accessible
  • Perpetual existence means the corporation continues regardless of ownership changes, death of shareholders, or transfer of shares
  • Potential tax advantages including deductible employee benefits, retirement plans, and the option to elect S-Corp status to avoid double taxation at the federal level

Considerations

  • Subject to double taxation at the C-Corp level — the corporation pays corporate income tax on profits, and shareholders pay personal income tax on dividends received
  • More complex and costly to maintain than an LLC, requiring formal record-keeping, regular board and shareholder meetings, minutes, and strict adherence to corporate formalities
  • Higher administrative burden including mandatory annual reports, franchise tax filings, bylaws maintenance, and state compliance requirements that increase ongoing costs

Annual Obligations

Franchise Tax:$200
Annual Report Fee:$20
Report Due:April 15
North Carolina corporations must file an Annual Report with the Secretary of State by April 15 each year; the filing fee is $20 online. North Carolina also imposes a corporate franchise tax with a minimum of $200 per year, based on the greater of net worth, appraised value of North Carolina property, or 55% of the appraised value of all property. The corporate income tax rate is 2.5% for tax year 2025. Failure to file the annual report can result in administrative dissolution.
Last verified: May 2026Source

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