Comments on: How to Form a Corporation

By: Andrew

Andrew — Fri, 03 Apr 2009 01:00:04 +0000

I am starting a company and from the reading I’ve done, it seems incorporating is the best for me. I’ve gone over the articles on the application and am not sure how many share can be issued if any.

If I’m starting the business with my savings and am not seeking share holders, so I still have to issue shares/stock in a small company?

Secondly, I’m in the Los Angeles and would like to know if anyone knows a good accountant who isn’t going to kill me with the bill.

By: New Business Ideas - Business Plan Help & Small Business Articles - Bplans.com

Tue, 06 Jan 2009 19:47:05 +0000

[...] How to Form a Corporation [...]

By: Maranda

Maranda — Mon, 27 Oct 2008 13:36:36 +0000

This was a very helpful site!!!!! Great for a project!!! (-8

By: Joanne Simmons

Joanne Simmons — Wed, 09 Jul 2008 02:42:50 +0000

Oh, also also, if you need legal advice on corporations or trusts, I’d recommend checking out http://www.persilylaw.com/ – they are a law firm that works closely with real estate and real estate investors – when talking about double layers or protection – such as a company owning another company, or a trust owning a company who owns another company, they know what they are doing. Real estate investors probably have the most to lost – tenants sue landlords all the time – so there are ways of protecting yourself, whether you are in real estate or another profession, and while nothing guarantees that you can protect everything you own and that no one will break your corporate veil, you can certainly improve your changes that this will not happen.

By: Joanne Simmons

Joanne Simmons — Wed, 09 Jul 2008 02:38:53 +0000

Yes, absolutely, one entity can hold stock in another entity. Actually, it is a great way to provide double layers of protection. You can have what is called a “parent corporation” own 1 or 2 or more other corporations, or, alternatively, you can have the corporations owned by a trust, also providing protection. For trust information, I’d recommend http://www.theprivacypros.com/ – they have a good bit of information on understanding how trusts work.
Good luck!

By: Benjamin Anderson

Benjamin Anderson — Mon, 09 Jun 2008 23:53:50 +0000

All of this is VERY helpful, but it has left one question of mine unanswered – Can one corporation hold stock in another? For instance, if I start a corporation, can I sell stock to another corporation or do I have to sell only to individuals?

By: Floroskop

Floroskop — Wed, 19 Mar 2008 07:43:55 +0000

Hello!
I think this try.