Corporate Office where Business is Conducted
Corporate is a term that pertains to corporations. A corporate office is the main office, also called the headquarters, of a corporation. This office is usually the hub of the company and often serves as the central location where top decisions are made. The corporate office is generally where the executives of the company, including the CEO, maintain their offices.
A corporation might have other offices across the country or the world that report to the corporate office and the company's CEO. These additional offices might take their direction on company policy and practices from the decisions made at the corporate office.
Registered Office to Receive Legal Documents
A corporation is a type of business entity. A corporation is considered to be a separate legal entity from the members of the corporation. Once a company follows the guidelines established by the state and incorporates in that state, the company becomes a corporation. State laws generally require the corporation to maintain a registered office.
This is a physical office where the corporation will receive service of legal documents in case of a lawsuit, such as notices or service of process. This address cannot be a P.O. box but must be a physical location where someone is present, called a registered agent, to receive service of legal documents during normal business hours.
State Residency Requirements
State laws require a corporation to maintain a registered office in the state of incorporation. This means that a company that incorporated in Ohio must have a registered office in that state. The company cannot incorporate in one state yet establish a registered office in another state.
For corporate offices, though, a company can establish its corporate office anywhere. State laws does not require it to keep the office in the state of incorporation and in fact, some corporations have corporate offices that are located outside the United States.
State Preferences for Incorporation
A corporation might choose to incorporate in a state for various reasons. Some companies simply choose the state where their business is physically located. Other companies pick a state whose laws seem favorable to corporations, such as Delaware. Delaware offers its corporations a Court of Chancery that specializes in hearing corporate legal disputes and offers an expedient way to resolve such cases.
Corporations might choose corporate offices based more on logistics and what works best to facilitate accomplishing the actual day-to-day operations of the company, not necessarily based upon legal considerations.
$75.00 PER MONTH / $850 PER YEAR