Hello Sue:
It's going to take a little more than that... Depending on a jillion little factors, you're friends don't need PAPERWORK at all to start their company. All they have to do is declare it to be so, and it is.
So, now that the company is started, you need to find out WHAT they're actually going to DO. Are they going to SELL something?? Are they going to buy a building? Are they going work out of their home? Are the friends related? Is one or some of them putting up money? Do some of these people have assets that they want to protect in case the enterprise they're considering fails??
These, and MANY other questions need to be answered BEFORE you determine what "paperwork" you need - if ANY.
excon
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