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  1. #1
    tj_startup is offline Junior Member
    Join Date
    Aug 2008
    Posts
    1

    Properly self-funding your corporation

    Once you have set up a corporation and would like to contribute more money (of your own), do you have to issue new shares to yourself in exchange, or can you just deposit the money into your company's bank account? If both, is there any reason to do one or the other (current or future taxes, etc.?) If I can just deposit it, do I need to account for it any way (e.g. does the money go to additional paid in capital?).

    Thanks in advance for the help

  2. #2
    volcom5799 is offline Member
    Join Date
    Jul 2008
    Posts
    56
    well i believe if you have a corporation you set up how many shares you own. Putting more money into the company just boosts the value of each share i think. So you wouldnt issue any shares.

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