Statement of Incorporator

No. But an incorporator can be a shareholder or part-owner of the corporation, but before that, an incorporator is responsible for the initial formation of the corporation. An incorporator does not have to be a shareholder, but he or she can buy into the corporation at a later date, assuming that the shares are available for sale.

Preferably, an incorporator is someone who knows the rope and is capable of making decisions for the corporation without running afoul of regulations. Is it any wonder that nowadays, most Americans use a company formation attorney to serve as an incorporator.

A corporation should have a unique corporate seal. Most commonly, it comes in the form of a metal press that you can apply to a document for authentication purposes. It is not unheard of for a corporation to put its seal on its own Statement of Incorporator.

Since the person who forms a corporation is its incorporator and the person who forms an LLC is its organizer, the Statements of Incorporator and Organizer are selfsame documents for a corporation and an LLC, respectively.

The only way to officially cancel a corporation is to dissolve it. That means the filing of articles of dissolution in the same state where the articles of incorporation were filed. If not, you may still be responsible to file taxes for the corporation, as well as any fees that may accrue.