Legal Question in Business Law in California
I want to start an S Corp in California. Does it matter if I file my articles of incorporation as a general stock corp or a close corporation since I am going to elect to become an S corp immediately after filing my articles of incorporation anyways?
Asked on 6/26/13, 10:26 pm
1 Answer from Attorneys
Jim Betinol
Withrow and Betinol Law
Both Gen. Corp or a Close Corp can elect to be an S-Corp, however Gen. Corp and Close Corp have very different requirements. I would recommend that you contact an attorney to help and review your short and long term business goals to decide the best business entity for your situation.
Goodluck,
Jim
Answered on 6/27/13, 10:05 am
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