Legal Question in Business Law in Nevada
Setting the stock price for an s corp
I was curious how many shares you should suggest I set, and if there are any
ramifications as to how much I set each share price to be?
Thanks,
Adam
2 Answers from Attorneys
Re: Setting the stock price for an s corp
In Nevada the maximum share you can get for the cheapest price is 7,500. I would obtain those many.
Re: Setting the stock price for an s corp
That is a decision that must be made in consultation with your accountants and attorneys, in relationship to the actual book value of the company's assets, and other factors. When and if a dispute arises later, you will have to be able to show how you factually and legally justified the price. Sounds like you need real legal counsel, not anonymous free advice. Contact me if interested in doing it right.
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