state of Florida for our Corporation. Is there any additional legal paperwork needed beyond this filing? Example how do we know how the company is divided between the two officers? We are a two person company, myself and my wife. We want the company divided 50/50. In our Articles of Incorporation we state there are 850 shares. Do we need to have documents prepared that show we each have 425 shares of stock?
Real Estate Attorney
The certificate of domestication says only that you are authorized to do business in the corporate name in Florida. The internal workings of your corporation are governed by the articles of incorporation filed in the state where your corporation was originally chartered, your by-laws, and any shareholder agreements that may exist. If you have questions about how your corporation operates, you should contact an experienced business lawyer in your area.
Disclaimer: This answer is provided for informational purposes only, does not constitute legal advice, and does not create an attorney-client relationship. Actual legal advice can only be provided after completing a comprehensive consultation in which all of the relevant facts are discussed and reviewed.
Real Estate Attorney
You need to prepare corporate minutes listing officers, directors, and shareholders, among other things. You need to issue stock certificates showing each of you has 425 shares. You need to show this distribution on your stock ledger.
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You will need to file an annual report with the Sec’y of State of FL. To learn how to do this go to:
For more general corporate info, go to http://sunbiz.org/
These are both official sites of SoS FL.
I recommend holding back some authorized but unissued shares for future needs. Issue only 100 shares each now and you will have 650 shares available without amending the Articles, which would require a filing in the SoS office.
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(Bryant) Keith Martin