Corporation sole
A legal entity made up of a single individual holding a sole office. It is incorporated for churches, parishes, religious societies and benevolent institutions to hold real and personal property, meaning land and other assets.
- Entiva fee to form
- $209
- Government fees to form
- None listed
- Run plan
- $29 a month
- Steps to form
- 3
- Ongoing filings
- 2
- Ways to close
- 1
Who it suits, and what defines it.
Governed by the W.S. 17-8-101 through 17-8-117.
Who it suits
- Churches, parishes and religious societies.
- Benevolent institutions that hold property.
Key facts
- Structure
- One person holding a sole office
- Office-holder
- For example a bishop or overseer
- Purpose
- Religious or benevolent
- Property
- Holds real and personal property
- Registered agent
- A Wyoming registered agent is required
- Tax exemption
- Churches are generally exempt automatically
- Statute
- W.S. 17-8-101 through 17-8-117
What the law requires.
3 rules, each in plain words.
A single office-holder
For example a bishop or overseer.
A religious or benevolent purpose
A Wyoming registered agent
The registered agent receives legal papers served on the entity.
How Entiva forms it.
3 steps. Entiva prepares and files each one, and collects every signature the law needs.
The steps
3 steps- 1Appoint a Wyoming registered agent
The registered agent receives legal papers served on the entity. Both it and the office are in Wyoming.
- 2Get an EIN from the IRS
The EIN is the entity's IRS tax number. It is free and applied for online, or on Form SS-4.
- 3Apply for federal tax-exempt statusOnly if needed
Optional. Churches are generally exempt automatically, and Form 1023 is optional.
Documents
8- Registered agent consent or certificate of acceptance
- Resolution or consent appointing the registered agent
- Registry filing receipt
- Form SS-4 third-party designee authorisation
- EIN confirmation from the IRS
- Form 1023, 1023-EZ or 1024 with narrative
- Organising document
- IRS determination letter
Who takes part
5- The individual holding the office: identity and address checked
- Whoever signs the registered agent filing: identity and address checked
- The IRS responsible party for the EIN: photo ID, selfie and SSN or ITIN
- Control persons named on the exemption application: identity and address checked
- Whoever signs the exemption application under penalties of perjury
What has to be filed, and when.
Entiva tracks every deadline from the day it is formed, and files before each one.
Every year, and as things happen
2 filings- File Form 990-N if required, receipts normally up to $50,000
15th day of the 5th month after year end. Many churches do not file
- File Form 990, 990-EZ or 990-PF, if required
15th day of the 5th month after year end
The changes Entiva handles.
Each change is prepared, approved, signed and filed.
The most common changes
3 changes- Change the IRS responsible party for a new office-holder
- Change the IRS mailing address
- Seek recognition of tax-exempt status
How it closes.
One route, filed step by step.
Dissolution
The office is abolished or the society ends.
- 1
Decide to dissolve under the governing documents
- 2
File the dissolution with the state
- 3
Transfer property to a successor or beneficiary
- 4
Close the IRS business account (EIN)
What Entiva does for you.
From the first filing to the last.
Corporation sole
- Names the Wyoming registered agent and office in the filing.Ongoing
- Applies for the entity's EIN.Formation
- Prepares and files the IRS tax-exemption application, if wanted.Formation
- Reports the new responsible party to the IRS on Form 8822-B within 60 days of a change of office-holder.People
- Reports a new mailing address or business location to the IRS on Form 8822-B.People
Build it with the API.
Every step on this page is an action in the Entiva API, with its documents, signatures and filing.
What it costs, item by item.
Every Entiva fee and every government fee, from forming it to closing it.
Forming it
$209one-off
- Government fees
- None listed
Steps marked only if needed are not counted.
Closing it
Quoted before it starts
- Entiva fee
- Fixed, quoted first
- Government fees
- At cost
Included in the Run plan
- Registered agent in your state
- File Form 990-N if required, receipts normally up to $50,000
- File Form 990, 990-EZ or 990-PF, if required
- Routine changes
- Every deadline tracked
Extra, at a fixed fee
- Apply for federal tax-exempt statusOnly if needed
- Seek recognition of tax-exempt status
Each extra is quoted before it starts, and nothing is done until you approve it.
Forming it
Entiva's formation fee is $209, one-off. Government fees are passed through at cost.
Form 1023 user fee $600; Form 1023-EZ $275.
Excludes steps marked only if needed.
Every year
The Run plan costs $29 a month ($348 a year).
Changes
Routine changes are included in the Run plan.
Form 1023 user fee $600; Form 1023-EZ $275.
Closing it
Closing is a fixed-fee project, quoted before it starts.
Entiva fees are in US dollars. Government fees are in the currency each authority charges, passed through at cost when the filing is made. Taxes are separate.
Start with your first company.
We are onboarding a small group of founders and finance teams with entities in more than one country.