Corporate Name Endings

• The name of a corporation must must contain one of the following designations: "corporation", "incorporated", or "company", or the abbreviation "corp.", "inc." or "co.", or words or abbreviations of like import in another language.

Limited Liability Company Name Endings

• The name of a limited liability company must include the business designation, i.e., "Limited Liability Company", "LLC", "L.L.C.", "Limited Liability Co.", "Ltd. Liability Company", or "Ltd. Liability Co.".

Name Requirements for Corporations and Limited Liability Companies

• The name must be in English letters or numbers.

• The name must be distinguishable from the name of a domestic corporation; a reserved or registered corporate name; the fictitious name of a foreign corporation; the name of a nonprofit corporation; the name of any domestic or foreign nonstock corporation; or other business entities filed with the state.

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

• Officers are not required to be listed in the articles of incorporation.

Stock Information

• An increase in the shares may cause an increase in initial filing fees.

Corporate Records

• The certificate of incorporation, bylaws, certain resolutions adopted by the board of directors, minutes of all shareholders' meetings, records of all action taken by shareholders without a meeting for the past three years, names and addresses of current directors and officers, and the most recent annual report must be kept at the principal office of the corporation.

Annual Statements

• New domestic corporations file first report within 30 days after organization meeting.

• Domestic corporations are required to file an annual report. State filing fee is $75.00

Taxes

• For more information on taxes, visit http://www.ct.gov.drs.

S Corporation

• S Corporation status is recognized by the State of Connecticut. A separate state election from the federal election is not required.

Certain types of businesses in the state are required to obtain a license and pay a fee. The following is partial list.

• Accountants
• Architects
• Attorneys
• Barbers
• Child day care services
• Collection agencies
• Electrical workers
• Fund-raising organizations
• Home improvement contractors
• Insurance
• Investment
• Professional engineering services
• Real estate
• Television
• Radio, stereo, and receiving equipment service
• Repair vending machines and operators (food and drinks)

Identify the Licenses you may need to start your business. Call SmartStart, a program of the Connecticut Economic Resource Center at 1-800-392-2122. Also visit the Connecticut Licensing Info Center.

Please check with the state to make sure your business is complying with the license requirements for your particular profession.

Business Organizations in Connecticut

Connecticut Business & Industry Association

Connecticut Small Business Development Center

Connecticut Technology Council (CTC)

Connecticut United For Research Excellence, Inc. (CURE)

Connecticut Venture Group

Council of Better Business Bureau, Inc.

Manufacturing Alliance of Connecticut (MAC)

National Association for the Self Employed

Service Corps of Retired Executives

Small Business Resource Center

Small Business Administration

For Women Owned Businesses

For Minority Owned Businesses

 

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