<p> Responsible Party's Date Initials Completed</p><p>___ Determine whether incorporation is appropriate. ______</p><p>___ Determine client's first and second choice of name for corporation and check name availability with the Department of Financial Institutions. ______</p><p>___ Do a trade name/trademark search if appropriate. ______</p><p>___ Determine whether corporation must qualify to do business in another state, and if so, check name availability in that state and obtain necessary qualification forms. ______</p><p>___ Determine whether a filing with another regulatory agency is required (i.e., in the case of certain licensed professionals organizing a service corporation) ______</p><p>___ Reserve name. ______</p><p>___ Determine what type of corporation is appropriate basic corporation; statutory close corporation; service corporation). ______</p><p>___ Obtain name(s) and address(es) of incorporator(s). ______</p><p>___ Obtain name of registered agent. ______</p><p>___ Obtain address of registered office. ______</p><p>___ Obtain names and addresses of initial directors, if known. ______</p><p>___ Determine what type of stock will be issued (class and series, if any) and how many shares. ______</p><p>___ Determine consideration (type and amount) to be paid for shares. ______</p><p>___ Determine preferences, limitations, and relative rights of each class and series of shares or provide for issuance of blank stock. ______</p><p>___ Determine whether shares must be registered under federal and state securities laws, and if not, what exemptions apply. ______</p><p>___ Determine whether subscription agreements will be entered into before incorporation, and if so, prepare agreements. ______</p><p>___ Consider establishment of escrow arrangements or other restrictions if shares are to be issued for promissory notes or contracts for future services. ______</p><p>___ Prepare articles of incorporation. ______</p><p>___ Select appropriate form (standard short form; standard long form; form for statutory close corporation or service corporation) and determine whether to include S corporation provision. ______</p><p>___ Select appropriate alternative provisions (e.g., one vs. more than one class of stock). ______</p><p>___ Select appropriate optional provisions (e.g., cumulative voting; preemptive rights; blank stock; names of initial directors; action by less-than-unanimous consent; quorum/voting requirements). ______</p><p>___ File articles of incorporation with Department of Financial Institutions. ______</p><p>___ Obtain shareholders' names, addresses, telephone numbers, and Social Security numbers. ______</p><p>___ Prepare post-incorporation subscription agreements and corporation's acceptance of agreements, as necessary. ______</p><p>___ Determine whether certificates will be issued for shares, and if so, issue share certificates. ______</p><p>___ If no certificates are to be issued, ensure compliance with section 180.0626. See infra ' 4.3a. ______</p><p>___ Elect initial directors if not named in articles of incorporation. ______</p><p>___ Determine whether organization of corporation is to be completed by initial directors or incorporators. ______</p><p>___ Prepare bylaws. ______</p><p>___ Select appropriate form (standard short form; standard long form; form for statutory close corporation or service corporation) and determine whether to include S corporation provisions. ______</p><p>___ Select annual meeting date. ______</p><p>___ Determine size of board of directors. ______</p><p>___ Select appropriate alternative provisions (e.g., cumulative voting; quorum/voting requirements; action by less-than-unanimous shareholder consent). Note: Alternatives selected must be consistent with articles. ______</p><p>___ Determine whether organization of corporation is to be completed by unanimous written consent or by vote at organizational meeting. ______</p><p>___ If organization of corporation is to be completed by unanimous written consent, prepare organizational resolutions. ______</p><p>___ If organizational meeting is to be held: ______</p><p>___ Ensure that proper notice is given or that notice is waived. ______</p><p>___ Prepare minutes. ______</p><p>___ Obtain name of corporate accountant. ______</p><p>___ Determine which financial institution corporation will use. ______</p><p>___ If applicable, prepare and submit applications for employer identification number, see infra ' 1.5a, and seller's permit, see infra ' 1.5b. ______</p><p>___ Prepare and file S corporation election (if appropriate). See infra ' 1.5c. ______</p><p>___ Prepare Wisconsin small business share form (if appropriate). See Wis. Stat. ' 71.01(10). ______</p><p>___ If incorporating a new business, consider: ______</p><p>___ Business licenses ______</p><p>___ Employment contracts for key employees ______</p><p>___ Life insurance on key employees ______</p><p>___ Health and disability insurance benefits ______</p><p>___ If incorporating an ongoing business, in addition to the above items, consider: ______</p><p>___ Transferring property to the corporation by proper transfer instruments ______</p><p>___ Notifying, and if necessary obtaining consent from, landlords, franchisors, and parties to leases, licenses, and dealership agreements ______</p><p>___ Notifying financial institutions and reviewing/ revising business accounts, notes, signatory authorizations, etc. ______</p><p>___ Notifying insurance agents and transferring ownership of policies ______</p><p>___ Revising stationery, contracts, invoices, business cards, directories, etc., to show corporate name ______</p><p>___ Notifying creditors ______</p>