Alert to Massachusetts Corporations

Many Massachusetts entities have been receiving solicitations entitled “Annual Minutes Requirement Statement Directors and Shareholders” from a company named “Compliance Solutions” in which they offer to complete corporate minutes for a fee of $125. The form looks very similar to official forms from the Massachusetts Secretary of State office however they are NOT in any way affiliated with the Commonwealth of Massachusetts. The Secretary of State does not require corporations to file minutes with the state. If you are ever unsure about mailings, be sure to check with the Secretary of State or Corporate Filing Solutions, especially if a fee is involved.

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Today’s Question — Wednesday, February 22

Must my corporation’s name end in “Inc.”?

No, you can typically choose from “Inc.”, “Incorporated”, “Corp.”, “Corporation”, “Limited” and similar names and abbreviations to indicate to the public that the entity is a corporation. The law varies from state to state and should be considered when forming your corporation. However, corporations do typically need to use one of these words or abbreviations.

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