Nebraska Corporation

You can get an EIN directly from the IRS. The application is free, and most businesses can apply online. However, if you don’t have a social security number, you’ll need to submit a paper application form. Can’t bear to fill out yet another application? Hire Northwest to get your EIN for you. Just add on EIN service during checkout when you sign up for our incorporation service.

Corporate bylaws cover basic policies and procedures for issues such as company finances and management. Bylaws should cover a range of topics, answering key questions like those below:

• Meetings: When and where will meetings for shareholders and directors be held? How many attendees are required to transact business? What are the procedures for voting or proxy voting? How do you call a special meeting? What actions can be taken without a meeting?

• Stock: How are stock certificates issued and transferred? How is voting affected by issues such as corporate stock owners or fractional shares?

• Directors and officers: How many directors must there be? Which officer positions are required? What powers do they have? How do you fill a vacancy or remove a director or officer?

• Finances: What are the procedures for retaining profits, issuing dividends, and paying bills? Who can withdraw money from the corporate bank account or sign checks?

• Records: Where is the corporate book to be kept? What information will be maintained? How are requests for review or access honored? Can records or copies be kept or distributed digitally?

• Amendments and emergencies: Who can amend bylaws and how? Can emergency bylaws be adopted in the case of disaster?

Nebraska bylaws can make other provisions as well, assuming additions are in accordance with state law. For example, NE Code § 21-224 (2019) states that Nebraska bylaws can require that the corporation reimburse expenses incurred by a shareholder in soliciting proxies (invitation of shareholders to allow someone else to vote for them at shareholder meetings) or consent in connection with an election of directors.

Creating bylaws can be overwhelming—where do you start? Northwest can help. We give you free corporate bylaws when you hire us to form your Nebraska corporation. We know what kinds of topics and questions corporations need to address, and we’ve spent years refining and improving our forms. We offer many other free corporate forms as well, including templates for resolutions and meeting minutes.

For domestic Nebraska corporations, the Occupation Tax (filing fee) is based on the business’s total paid-in capital. The minimum fee is $26 for up to $10,000 in paid-in capital.

A complete breakdown of the tax rates for corporations can be found on the state’s Domestic and Foreign Corporation Filings page. However, it’s only available during the filing period (beginning January 1 of even-numbered years).

The Nebraska Biennial Report and Occupation Tax is due by March 1st in even numbered years.

These filings can be easy to forget—which is why we send our clients automatic reminders. Or better yet, let us file for you. With our business renewal service, we complete the report portion of the filing, give you the completed report to add your tax info, and then we and submit your filing for you for $100 plus the state fee.

Besides the occupational tax discussed above, Nebraska corporations also must contend with a corporate income tax.

The corporate income tax rate is a two-tiered tax rate. Corporate income up to $50,000 is taxed at 5.58%. All income higher than $50,000 is taxed at 7.81%. For the past 15 years, Nebraska has apportioned multistate income based only on sales the company makes in the state.

The Nebraska sales tax is 5.5%. City, county and specialty sales taxes can be tacked on as well, making the average total sales tax 6.038%.

Registration is required in Nebraska if you will have employees, intend to engage in retail sales, renting/leasing tangible personal property, or will be providing services which are subject to sales tax. You can register online or by filing Nebraska Tax Application Form 20. After registering, you will be assigned a Nebraska State Identification number.

At least $65, but the total depends on your corporation’s amount of authorized capital stock, how many pages your articles are, and whether or not you file online or by mail.

The base filing fee is $60, plus there’s a $5 per page fee for your articles. If you have over $100,000 in authorized capital stock, however, the fee is $300 plus $3 for each additional $1,000 (plus $5/page). If you file online, there’s also a convenience fee of 2.49% with a $2 minimum.

Hire us for a one-time fee of $303, including the state filing fees, year of registered agent service, a business address and more.

File online and you can expect processing within 2-7 business days. Mail in your documents and it may take two weeks to process.

Whether or not you need a business license depends on what your Nebraska corporation does and where it’s located. Nebraska doesn’t have a general, statewide business license and most cities don’t either. However, specific business activities are frequently licensed. For instance, the City of Lincoln licenses dozens of business services, from auctioneers to vending machines.

A corporation formed outside of Nebraska—but which conducts business in the state—is considered a foreign Nebraska corporation. For example, if you incorporated in Indiana but decide to open a storefront in Nebraska, you would be a foreign Nebraska corporation. This also means you would need to register with the state by filing an Application for Certificate of Authority to Transact Business with the Nebraska Secretary of State. Foreign corporations are required to file the Nebraska Biennial Report and Occupation Tax as well.

Absolutely! We’re happy to start a nonprofit corporation for you. Note that incorporating a Nebraska nonprofit has different state requirements. The filing fee is lower as well.

It’s a conundrum: you need a local number to display on your website and give to customers, but you don’t want to make your personal number quite so…public. We get it. And we’ve got you covered with Northwest Phone Service. We can provide you with a virtual phone number in any state—plus unlimited call forwarding and tons of easy-to-use features. You can try Phone Service free for 60 days when you hire us to form your corporation, and maintaining service is just $9 monthly after that. No contract required.