What is a corporation?

A corporation is a legal structure that is separate from its owners. That separation helps protect owners from being personally responsible for business debts or legal issues.

Corporations can also be taxed differently than other business types. That can be a benefit or a drawback, depending on how the business is set up.

To apply for a Novo account as a corporation, you need to be an agent or officer to complete the application. You'll also need to provide these documents:

Articles of Incorporation – This document must be filed with the state, signed, and include a state stamp or seal.

Corporate Bylaws - This document outlines the rules that define how a company is structured and run.

Valid government-issued ID
Proof of address (such as a utility bill or lease)
Social Security number (SSN)
Employer Identification number (EIN)
DBA certificate (if your business uses a different name)