To secure and register your brand name it must be unique, not too similar to another registered Nebraska name, and shouldn’t contain any restricted wording. To check, conduct a Business Entity Search through state, and if there are potential trademark issues conduct another quick search using the TESS System through the U.S. Patent Office.
Keep in mind your brand name should contain words like ‘Corporation,’ ‘Company,’ ‘Incorporated,’ or ‘Limited.” Abbreviations for these words are also acceptable. If needed, you can file an Application for Reservation of Corp Name through postal mail that’s good for 120 days.
Filing Fee: $30
A Nebraska registered agent can be an individual resident of the state or a legally registered business entity with a physical street address and regular M-F business hours. On behalf of your brand they receive and help process important business documents like state filings, tax forms, legal notices and so on. They’re essential and required by law.
That said, you can work with a professional and expect to pay up to $160/yr, or get a qualified agent free of charge when you Incorporate with IncFile or CorpNet. They handle this and much more depending on which startup package you opt for.
With a registered agent, once you’re ready to make your brand official, set up an account with the state to file Articles of Incorporation. Do this using Online Filing. It asks for basic information to disclose for the public record:
Filing Structure: $60 for $10k or less authorized stocks, then $300 for up to $100k, $3 for every additional 1k.
Think of this as the hard copy record book where all critical corporate documents are kept like the Articles of Incorporation, Bylaws, meeting minutes, stock certificate ledger, stock certificates, stock certificate stubs, stock transfer documents, etc. It’s the ultimate company binder! They’re very common and while not necessary having one is highly recommended for all serious business entities.
Appoint at least 1 Director who among other things will oversee the Nebraska corporation until the first shareholder meeting where new directors will be voted in. Prepare an “Incorporator Statement” with complete names and addresses of each director and keep it in your records book. Once elected, an initial meeting should:
As your corporation gets off the ground, it’s critically important to keep business accounts/assets separate from any other. If you don’t yet have a CFO or amazing accountant, shop around at different banks and credit unions to see who has the most to offer new corporate accounts.
Recommended Resource: Check out this Business Checking Account breakdown that shows you some of the basics in terms of mainstream banking fee structures to start getting an idea of how important this decision is.
When registering a corporation in Nebraska, you’re required to be 100% compliant with all relevant local/state/federal agencies. Ideally you should have an attorney or at least be working with a professional filing service. Otherwise, here are four resources to get started:
There are stark contrasts between a corporation with a professional plan and an average startup that merely operates day to day, essentially winging it with hazy goals off in the distance.
Which do you intend to be? How serious are you about this business? But at the end of the day, why wait when you’ll eventually need one anyway if you ever intend on approaching serious investors, potential partners, lending institutions.? To dig a little deeper into this, check out our free Business Plan Guide takes you smoothly through the process step-by-step.
StartupSavant.com has been in development since Day 1. Websites are never really done, they just change, evolve and adapt along with your business and the model through which it operates. What’s important is that your corporation maintain a digital presence, and be one of the primary sources where people can investigate your brand.
Note that this article on how to form a corporation in Nebraska isn’t a legal document or legal advice. It’s for informational purposes and the information above is subject to change. For specific legal questions regarding how to form a corporation in Nebraska or business in general, please consult with a lawyer or other accredited professional.