I have an S Corp. in California.
2007-11-14 11:59:04 · 3 answers · asked by rar_superior 1 in Business & Finance ➔ Corporations
If your company has an authorised capital, you can issue shares up to the authorised capital. Beyond that, you have to increase the authorised capital first, then you can carry on and issue more shares. You can issue as many shares as applied for.
2007-11-16 19:39:37 · answer #1 · answered by Sandy 7 · 0⤊ 0⤋
You generally start out with one million shares and depending on how much you want to start selling them for will determine how many you want to issue. You should get the buzz up about your corp first and then people willo want to buy in. Good Luck!!
2007-11-14 12:04:55 · answer #2 · answered by Doctor feel good 2 · 0⤊ 0⤋
That should be in your Articles of Incorporation.
2007-11-14 12:35:08 · answer #3 · answered by just_the_facts_ma'am 6 · 0⤊ 0⤋