Help! I dont know about corporate stock shares, Im filing online now to setup my corporation?

Question

It says that I need to put a number more than the number 0, i guess 1 is ok, but should i put a high number? I am really trying to obtain alot of business credit, so im looking to look like im a huge company when im a single oporation. What is corporate stock shares? What is a share? what is stock? please tell me what to put.

Answer 1

I don't think trying to make your corporation look like something it isn't is going to help accomplish your goals. Maybe look more at an LLC company, or a S-Corporation. I don't think stocks are involved there, and small business help and credit is out there.

Answer 2

Corporate Stock Shares

Answer 3

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Help! I dont know about corporate stock shares, Im filing online now to setup my corporation?
It says that I need to put a number more than the number 0, i guess 1 is ok, but should i put a high number? I am really trying to obtain alot of business credit, so im looking to look like im a huge company when im a single oporation. What is corporate stock shares? What is a share? what is stock?...

Answer 4

If you don't know the answers to these questions, you should not be doing this yourself. It's pretty basic stuff. A "share" is just what it sounds like--a piece of your business. If you own the whole thing, you have 100% of the shares in your name. If anyone else owns part of it, you must issue stock certificates to them representing their "share" (10%, 50%, or whatever). If you're the only owner, 1 share is all you need. And if you try to "make it look like a huge company" that's FRAUD. Great way to start out. So the long and short of it is, you should probably talk to a lawyer about all this. You're playing with stuff you don't understand, and you're asking for trouble.

Answer 5

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Answer 6

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Answer 7

Please don't rush things up. Take time to study about the ins and out of establishing a business. Sounds like you're already committing your investments to an area strange to you and worst - it's done online. Seek the help of an expert whom you can trust if you're really trying to speed up the process.

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Answer 8

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The EFFECTIVE corporate tax rate puts us into the “low-tax country” category. The RATE doesn’t mean jack when there are a gazillion loopholes and many, many huge corporations pay ZERO.

Answer 9

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Answer 10

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