Articles of Incorporation Cost

Clients Rate Lawyers on our Platform 4.9/5 Stars
based on 3,979 reviews

Jump to Section

Need help with Articles of Incorporation?

Post Project Now

Post Your Project (It's Free)

Get Bids to Compare

 Hire Your Lawyer

What do articles of incorporation cost? This is a question that many new business owners who wish to incorporate their company ask. Let’s explore this question and review some general information about articles of incorporation.

How Much Do Articles of Incorporation Cost?

Articles of incorporation, also known as certification of charter or formation, is the legal document that a company must file with the state government to legally incorporate a business. Articles of incorporation will include identifying information about your company and serve as legal proof that the company is established and eligible to conduct business in your state.

Many new business owners will hire a corporate lawyer to draft their articles of incorporation. These documents are essential to legally operating your business and cannot have any errors. Based on ContractsCounsel’s marketplace data, the average cost of a project involving articles of incorporation is $662.50.

What are Articles of Incorporation?

Articles of incorporation are one of several formation documents you will need to file if you want to incorporate your business. When a business becomes a corporation, the owners enjoy several benefits.

  • Legal Protection. When a business is incorporated, it is considered a separate entity from the owners. This provides the owners with liability protection for any lawsuits or collections that may be held against the business.
  • Stocks and Capital. An incorporated business can sell stocks and raise capital to expand the business with little risk to the owners.
  • Tax Flexibility. Corporations benefit from many tax breaks and have the choice to be taxed as a pass-through entity or like a C Corp that pays corporate taxes. Both tax models have positives and negatives for companies.

Along with articles of incorporation, new corporations must also draft and file bylaws which are a set of rules and regulations that govern the business. Both formation documents are vital to running a successful company.

How to Start a Corporation

Incorporating a business is fairly simple and can be completed in just a few steps. If you are unsure about your state and local laws, consult with a corporate lawyer to assist you in the incorporation process.

  • Step 1: Name your business. Each corporation must have a unique name that isn’t already in use in your state.
  • Step 2: Choose a location. You will need a physical address to file your articles of incorporation. Check your local codes and regulations to find out what locations your business can be operated from.
  • Step 3: Choose a corporate entity. You can register your company as either a corporation. If you choose a corporation, you must select either an S Corp or a C Corp. Each of these legal entities have advantages and drawbacks. Your business needs and goals will help determine which entity is right for you.
  • Step 4: File Your Articles of Incorporation. Once you choose your business entity, you will draft and file articles of incorporation with your state. Each state has different requirements so check with your local government for rules and regulations.
  • Step 5: Obtain a tax ID number. Your business tax ID number will be how the IRS keeps track of your business. You can apply for an EIN online. You will also need this number to open a business bank account to start managing your company’s finances.

Articles of Incorporation Projects

C Corp Formation

C Corps, just like S Corps, require the filing of articles of incorporation. Once the articles of incorporation are filed, the company owners can issue stock certificates to the initial shareholders in the company.

After formation, most C Corporations will hold their first shareholder meeting to draft bylaws and discuss how the company will be run and managed. Some companies choose to have attorneys draft bylaws to ensure they are fair and protect both the company and the shareholders.

These first steps to establishing a corporation can be confusing for someone without extensive business knowledge. It is a good idea to consult with a corporate lawyer for guidance through these beginning phases.

Articles of Incorporation Drafting

Many companies hire corporate lawyers to draft the articles of incorporation. After an initial consult and learning a bit about the company, the attorney will draft articles of incorporation that meet the company’s needs and are ready to be filed.

Meet some lawyers on our platform

Ryenne S.

127 projects on CC
View Profile

Justin K.

3 projects on CC
View Profile

Daniel R.

8 projects on CC
View Profile

Wendy C.

2 projects on CC
View Profile

Articles of Incorporation Cost

Drafting articles of incorporation will incur legal costs because it requires the time of a licensed business lawyer to complete the task.

ContractsCounsel’s marketplace data shows the average articles of incorporation drafting costs to be $662.50 across all states and industries.

C Corp Formation Cost

In addition to legal costs for consultations and drafting articles of incorporation, business owners will encounter several other fees for C Corp formations. These fees usually include filing fees, annual report fees, franchise tax, and various license and permit fees. These fees will vary by state.

ContractsCounsel’s marketplace data shows the average C Corp formation costs to be $663 across all states.

How Do Lawyers Charge for Articles of Incorporation?

Corporate lawyers generally charge an hourly rate for their legal services; however, it is becoming more common for lawyers to quote flat rate fees for contract drafting projects.

Hourly Rates for Articles of Incorporation

Hourly rates are usually the most common way that corporate attorneys charge for their legal services. In this fee agreement, the lawyer will charge the client a set hourly rate for the time spent completing the project.

Attorneys benefit from this fee structure because if a project takes longer than expected, they are compensated for their additional work. Although clients are aware of the hourly rate, they will not know the full cost of legal services until the task is completed, which can be seen as a disadvantage.

ContractsCounsel’s marketplace data shows the average hourly rate for a corporate lawyer range from $250 - $400 per hour.

Flat Fee Rates for Articles of Incorporation

Flat fee billing for specific drafting projects like articles of incorporation are becoming increasingly popular. In this fee arrangement, the lawyer will quote a flat rate, usually to be paid up front, for the cost of the project.

From the client’s perspective, a flat fee billing structure is usually more desirable because they know exactly what they are being charged for legal services. On the other hand, the attorney may be at a disadvantage because if the project takes longer than expected, they are held by the agreed upon flat fee.

It is important to make sure the client knows what’s included with the fee before starting the project. Consultations and revisions could incur additional costs.

ContractsCounsel’s marketplace data shows the average flat fee rate for articles of incorporation costs to be $662.50.

Get Help with Articles of Incorporation

Do you need help with an articles of incorporation project? If so, post a project in ContractsCounsel’s marketplace to receive flat fee bids from contract lawyers to handle your project. All lawyers on the ContractsCounsel’s platform are vetted by our team to make sure you are provided with top tier service.

How ContractsCounsel Works
Hiring a lawyer on ContractsCounsel is easy, transparent and affordable.
1. Post a Free Project
Complete our 4-step process to provide info on what you need done.
2. Get Bids to Review
Receive flat-fee bids from lawyers in our marketplace to compare.
3. Start Your Project
Securely pay to start working with the lawyer you select.

Meet some of our Lawyers

Seth S. on ContractsCounsel
View Seth
5.0 (2)
Member Since:
September 30, 2020

Seth S.

Free Consultation
Get Free Proposal
New York
9 Yrs Experience
Licensed in NY
Touro Law School

I am an attorney admitted in NY, with over 6 years of experience drafting, reviewing and negotiating a wide array of contracts and agreements. I have experience in Sports and Entertainment, Real Estate, Healthcare, Estate Planning and with Startup Companies. I am confident I can assist you with all of your legal needs.

Rishma E. on ContractsCounsel
View Rishma
5.0 (1)
Member Since:
October 1, 2020

Rishma E.

Free Consultation
Get Free Proposal
Miramar, FL
9 Yrs Experience
Licensed in FL
St. Thomas University School of Law

Rishma D. Eckert, Esq. is a business law attorney who primarily represents domestic and international companies and entrepreneurs. A native of both Belize and Guyana, she remains engaged with the Caribbean community in South Florida: as a Board Member and General Counsel for the Belize American Chamber of Commerce of Florida, and Member of the Guyanese American Chamber of Commerce. She holds a Bachelor of Laws degree (LL.B.) from the University of Guyana in South America, a Master’s degree in International and Comparative Law (LL.M.) from Stetson University College of Law in Gulfport, Florida, and earned a Juris Doctor degree (J.D.) from St. Thomas University School of Law in Miami, Florida. Licensed to practice in the State of Florida and the Federal Court in the Southern District of Florida, Mrs. Eckert focuses her passion and practice on domestic and international corporate structuring and incorporation, corporate governance, contract negotiation and drafting, and trademark and copyright registrations.

Kiel G. on ContractsCounsel
View Kiel
5.0 (1)
Member Since:
October 2, 2020

Kiel G.

Free Consultation
Get Free Proposal
Hollywood, FL
6 Yrs Experience
Licensed in FL
Florida State University

Founder and Managing partner of Emerald Law, PLLC, a business law firm specializing in contract drafting and corporate transactions. Kiel worked as in house counsel for a variety of companies before launching his own firm, and most recently served as the Chief Legal Officer for an international private equity firm.

Jane C. on ContractsCounsel
View Jane
5.0 (57)
Member Since:
October 8, 2020

Jane C.

Free Consultation
Get Free Proposal
New York
18 Yrs Experience
Licensed in CT, DC, NY
Pace University School of Law

Skilled in the details of complex corporate transactions, I have 15 years experience working with entrepreneurs and businesses to plan and grow for the future. Clients trust me because of the practical guided advice I provide. No deal is too small or complex for me to handle.

Jarrett S. on ContractsCounsel
View Jarrett
5.0 (2)
Member Since:
October 14, 2020
Maxwell L. on ContractsCounsel
View Maxwell
4.9 (4)
Member Since:
September 24, 2020

Maxwell L.

Lawyer, Owner
Free Consultation
Get Free Proposal
New Berlin, WI
12 Yrs Experience
Licensed in WI
Marquette University Law School (JD)

Firm rated best ADR firm for Wisconsin and won an award for cultural innovation in dispute resolution from acquisition international magazine in 2016 and it was rated "Best of Brookfield" by Best Businesses in 2015. Attorney Maxwell C. Livingston was rated 10 best in Labor & Employment Law by American Institute of Legal Counsel and 40 Under 40 by American Society of Legal Advocates for 2016; he also won 10 Best by American Institute of Family Law Attorneys. He is licensed in Wisconsin in all state and federal courts, and in the 7th Circuit Court of Appeals, wherein he won a landmark decision in McCray v. Wielke.

Bryan B. on ContractsCounsel
View Bryan
4.8 (56)
Member Since:
October 1, 2020

Bryan B.

Free Consultation
Get Free Proposal
Austin, TX
7 Yrs Experience
Licensed in TX
Penn State Law

Experienced attorney and tax analyst with a history of working in the government and private industry. Skilled in Public Speaking, Contract Law, Corporate Governance, and Contract Negotiation. Strong professional graduate from Penn State Law.

Melissa L. on ContractsCounsel
View Melissa
4.7 (1)
Member Since:
October 26, 2020

Melissa L.

Free Consultation
Get Free Proposal
Des Moines, IA
15 Yrs Experience
Licensed in IA
City University School of Law

Seasoned negotiator, mediator, and attorney providing premier legal advice, services, and representation with backgrounds in education, healthcare, and the restaurant and manufacturing industries

Richard E. on ContractsCounsel
View Richard
Member Since:
October 1, 2020

Richard E.

Senior Partner, Attorney
Free Consultation
Get Free Proposal
Dallas-Fort Worth
15 Yrs Experience
Licensed in TX
Juris Doctor – University of LaVerne College of Law

Richard is a wizard at taking on bureaucracies and simply getting the job done. His clients value his straight-forward counsel and his ability to leverage a top-notch legal staff for efficient and effective results. Richard is a professional engineer, professor of law, and has been named among the top 2.5% of attorneys in Texas by the Super Lawyers®. When he is not driving results for his clients, Richard can be found with his small herd on his Texas homestead.

Mark A. on ContractsCounsel
View Mark
Member Since:
October 1, 2020

Mark A.

Free Consultation
Get Free Proposal
Jacksonville, FL
19 Yrs Experience
Licensed in FL
University of Florida

Mark A. Addington focuses his practice primarily on employment litigation, including contractual disputes, restrictive covenants (such as non-competition, non-solicitation, or confidential information restrictions), defense of wage and hour, harassment, retaliatory discharge, disability, age, religion, race, and sex discrimination.

Benjamin M. on ContractsCounsel
View Benjamin
Member Since:
October 26, 2020

Benjamin M.

Free Consultation
Get Free Proposal
Atlanta, GA
11 Yrs Experience
Licensed in GA
Georgia State University

Experienced Attorney focused on transactional law, payments processing, banking and finance law, and working with fintech companies with a demonstrated history of driving successful negotiations in technology sourcing and transactions and strong understanding of government contracts and the procurement process

Find the best lawyer for your project

Browse Lawyers Now

Want to speak to someone?

Get in touch below and we will schedule a time to connect!

Request a call