Why form a North Dakota Corporation?
Forming a new North Dakota corporation for your business will provide asset protection through the liability protection that the corporate business structure creates. When run correctly, corporations can provide a clear separation between the individual owners and the business itself, therefore protecting the shareholders from the debts and obligations of the North Dakota corporation.
Helpful tips on naming your corporation
In North Dakota, the acceptable endings for a Corporation are, Corporation, Incorporated, or its equivalent abbreviation. A North Dakota entity can’t share the same name of another corporation or a LLC. The name of the corporation must be distinguishable from another filing already on file. In determining distinction between entities, the Secretary of state will ignore words such as “the”, “and”, “a”, “an” etc. when determining distinction. Also it will ignore the use of capitals, punctuation, and the use of spaces. Also, the Secretary of state will reject names that are deceptively similar to that of another entity.
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