Business (corporation) sold for a loss, what is easiest way to transfer ownership?

The answer depends on several factors. For your advantage, I recommend you sell the stock of the corporation to your cousin. That would mean...

Is it too late to adopt by-laws and have meeting of directors?

No, it is not too late. What I recommend is you convene a meeting now, and appoint the officers and adopt the by-laws. If the company has been...

Do I have to file as a foreign company in NYC if I live and work solely in FL?

I think you can simply incorporate in Florida. With no physical presence in NY, you will not need to qualify as a foreign corporation in NY, and,...

If my spouse is buying an existing corporation. Is it in our best interest to register with the state as a new corporation?

The answer depends on a variety of factors. In buying the existing corporation, is your spouse buying stock or assets? Is the existing...

I recommend you place the affidavits in your share ledger book, and issue certificates with new numbers. It is not necessary to put re-issue on...

Responsibility of the share holders in the lease ?

This question requires some additional information, including a review of the lease 1. Does the S Corp have any assets? It is probably the...

I am a 4% stockholder in my families C Corp Tool & Die business...have been for years. Can I be forced to sell my stock?

The answer to your question depends on the existence of a shareholders' agreement or other agreement between the shareholders or the shareholders...

Depending on the state of incorporation, dissolution typically requires a majority vote, and 50% would not be enough to force a dissolution. ...

As a board member of a corp. set up for the purpose of running a sales office. Can I just walk away?

The short answer to both questions is yes, but the correct answer depends on a lot of other factors, including other agreements (both written and...

Do I have to sell myself shares from my own company when incorporating? Or, do I already own the 100% of the stock?

The technical process is the incorporator forms the Company with the Secretary of State, and then appoints the initial board member(s) (who can...