• The name must contain the words "corporation," "incorporated," "company," or "limited," or the abbreviation corp., inc., co., ltd., or words or abbreviations of like import in another language.

Articles of Incorporation Requirements

• Director Information
  • Minimum Number - One or more.
  • Residence Requirements. - No provision.
  • Age Requirements - None.
  • Directors are not required to be listed in the articles of incorporation.

  
  

• Officer Information
  • The officers are not required to be listed in the articles of incorporation.

  
  

• Stock Information
  • The shares of stock and par value can be increased with no additional filing fee.

  
  

Yearly Requirements

• Annual Statements
  • An annual report must be filed with Secretary of State. The first annual report must be delivered to the Secretary of State between January 1 and April 1 of the year following the calendar year in which a domestic corporation was incorporated or a foreign corporation was authorized to transact business. The fee for filing the annual report is $30.
    
    
• Income Tax Rate

  • First $25,000	6%
    $25,000 to $100,000	8%
    $100,000 to $250,000	10%
    $250,000 or more	12%

For more information on taxes, visit www.state.ia.us/dor