What is an organizational meeting?
An organizational meeting is an initial corporate meeting at which organizational matters such as bylaws, officers, banking, stock issuance, and other startup actions may be addressed. Written consents may sometimes be used instead where permitted.
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.