I would like to start a C corporation section C company. Could anyone advise me of implications or just inform me of this type of structure the implications of constituting in this way. 1. How do you you go about issuing shares. 2. What do you need upfront, what can you decide on later. 3. What provides confidence in this type of organization. I would really like to speak with someone. Richard Unite
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Most of your questions can be answered well (and less expensively than paying
an attorney) by reading one of the Nolo Press books on forming and running a
small business corporation. Anthony Mancuso writes a number of the Nolo
books, and he's a good read on this topic.
MarkAcantilado | Window Shopper |
8/13/2012 - 6:59 am
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Most of your questions can be answered well (and less expensively than paying an attorney) by reading one of the Nolo Press books on forming and running a small business corporation. Anthony Mancuso writes a number of the Nolo books, and he's a good read on this topic.
Thanks for sharing the reference - hope it does help me as well on my own
business needs.
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Actually, you may not need to contact an attorney (though I'm not saying you
shouldn't!) But many states, perhaps most states, provide the paperwork to
file articles of incorporation at the secretary of state's website, along
with instuctions. I'm guessing you're in Texas... So here, for example, are
the free Texas forms:
http://www.sos.state.tx.us/corp/forms_boc.shtml
BTW the S corporation isn't really an attorney thing... that's an accountant
thing. S corporations aren't "real" corporations. S corporations get
"created" by tax law when you make an election to have a corporation or
something like an LLC use the tax accounting rules contained in Subchapter S
of the Internal Revenue Code.
Good luck with your venture!
Stephen L. Nelson, CPA, Author QuickBooks for Dummies
You should contact an attorney to answer your questions. Depending on the
nature of your business, a C-corp may be more complex than you currently
need. An attorney will need to draw up the paperwork to establish the
corporation, whether it is a C-corp or an S-corp.
SellRex | Window Shopper | 7/27/2012 - 9:06 pm
an attorney) by reading one of the Nolo Press books on forming and running a
small business corporation. Anthony Mancuso writes a number of the Nolo
books, and he's a good read on this topic.
MarkAcantilado | Window Shopper | 8/13/2012 - 6:59 am
business needs.
SeattleCPA | Window Shopper | 8/14/2012 - 8:19 am
shouldn't!) But many states, perhaps most states, provide the paperwork to
file articles of incorporation at the secretary of state's website, along
with instuctions. I'm guessing you're in Texas... So here, for example, are
the free Texas forms:
http://www.sos.state.tx.us/corp/forms_boc.shtml
BTW the S corporation isn't really an attorney thing... that's an accountant
thing. S corporations aren't "real" corporations. S corporations get
"created" by tax law when you make an election to have a corporation or
something like an LLC use the tax accounting rules contained in Subchapter S
of the Internal Revenue Code.
Good luck with your venture!
BizResearcher | Window Shopper | 5/28/2012 - 8:00 pm
nature of your business, a C-corp may be more complex than you currently
need. An attorney will need to draw up the paperwork to establish the
corporation, whether it is a C-corp or an S-corp.
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