A document outlining the basic functions of a company. Among other things, it states whether it will be an
S Corporation or a
C Corporation and how many
authorized shares there will be. It also states how its
corporate governance and operations will work. A company that seeks to
incorporate must file articles of incorporation with the appropriate authority. In the United States, that authority is usually the states and sometimes the federal government. It is also called a corporate charter or simply a charter. See also:
Charter Amendment Limitations.