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Company.incorporate

POST /{namespace}/companies/incorporate

Incorporate forms a Company in a chosen jurisdiction, with its founders, shares and registered agent on record.

Mode
do
Event
Company.incorporated

Inputs

InputTypeRequiredDescription
legalNamestringrequiredThe registered name.
jurisdictionstringrequiredWhere the Company forms.

Outputs

OutputTypeRequiredDescription
companyCompanyrequiredThe new Company.

Effects

  • Emits Company.incorporated.
  • Performed by the Founder.
  • One-way (money): it waits out its delay window, and runs in the send and do modes.
  • Runs through Company formation, which files the certificate and appoints the first directors.
  • Waits for the Founder, as an officer, to sign the formation documents: the legal floor.
  • Opens the Company’s cap table.

Refuses when

CheckErrorFixThen call
The input does not match the schema of the operation.invalid-inputRead the schema of the operation, then send every required field with the right type.Company.incorporate
The key is valid, but its scopes do not allow this operation.forbiddenUse a key whose scopes cover the operation, or ask an owner of the namespace to grant them.Company.incorporate
The record is not in a state that allows this Verb, so the call is refused.refusedRead the record, run the Verb that moves it to an allowed state, then retry.Company.incorporate

When it waits

GateDefault
Decision classHigh: one-way, broad (money)
Delay window1 business day, in which a watcher can pause, redirect or cancel it; then it runs.
LimitThe spend Limit of the Permission or Mandate it runs under.
Over the LimitIt waits pending for an Approval from the Founder. Approved, it runs; refused, it ends refused with limit-exceeded; unanswered by its deadline, it ends canceled.