The minimum number depends on the formation state's law and sometimes the number of shareholders. Many small corporations can have a single director, but applicable state requirements should be checked.

Swyft Filings offers corporation formation services and prepares and submits the state incorporation paperwork. Corporate formation generally creates the legal corporation first; tax classification and internal governance are separate concepts. For example, S corporation status is a federal tax election for an eligible entity rather than a different state-law corporation in every jurisdiction.