Well, I don't want to get into to much detail. But I have to do the following below. Can anyone point me in the right direction on how to do it?
Stock Shares in the Company representing ownership of 40%.
Well, I don't want to get into to much detail. But I have to do the following below. Can anyone point me in the right direction on how to do it?
Stock Shares in the Company representing ownership of 40%.
Last edited by killswitch; 10-14-2008 at 09:48 AM.
Yes, setting up a new company.
I would have though if it just involves you and someone else issue a total of 10 shares in the company and 4 shares represents 40% as i dont have all the facts i could be wrong but keeping it simple is the name of the game.My wife and i own a ltd company in the UK and all we have is 2 shares 1 each and that is the 50% each in the company.
Last edited by Mega B; 10-14-2008 at 09:58 AM.
Well i was wondering if its though official paper work like getting a incorporate license.
I cannot help you on that one i am afraid as the US and the UK have different regulations.Prehaps one of our other learned members will be able to help you out.
Are you trying to set up a company? Issue shares of your company? You can't just give us one sentence and expect good advice.
The amount of shares does not matter, easiest would be 100. Then you dont have to worry about "increasing" shares later on.
Based on your question, the first issue isn't how to create and distribute shares, but rather which business entity is the best choice for your company, based on your situation, goals, etc. Start there.
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