Does the same S corporation shareholder agreement have to be used for all shareholders? If not, can the shareholders...

My colleague is right in terms of what "should" be the case (all shareholders get the same agreement). However, you raise an interesting...

Unless your Articles or Bylaws say otherwise, you can issue fractional shares.

If corporations in Delaware are not required to pay income tax, does that mean they only pay tax in the state of operation?

Some states without an income tax, instead have a franchise tax. For your purposes, either way, its a tax. Delaware's franchise tax can be quite...

If a California corporation only has two owners do they both have to be listed in the Statement of Information?

No, in fact neither owner has to be listed on the Statement of Information simply by virtue of the fact that they are owners. Officers and...

I am 10 percent shareholder in s-corp. Can president who is 80 percent shareholder reduce my pay and benefits.

Yes. Your positioni as a shareholder (while entitling you to certain rights, as outlined by colleagues) is completely separate from your role as...

If a company is owned fifty fifty by two people and one owner wants a director removed what happens

You have stumbled onto one of the huge disadvantages of a 50/50 owned corporation. You might try hiring a mediator to help resolve the deadlock. ...

Yes, you can. There are no limits on the number of corporations that can share the same address. However, it may prove confusing, and if you were...

Unfortunately, one of the downsides to using a corporation is that a corporation cannot represent itself in court. I wonder, and maybe some of my...

"Company" can often be used by sole proprietorships, and corporations, but check with your home state. Alternatives are to leave the identifier...

Any way to register foreign corporation in TX after 2 years of operating in TX without paying penalties to TX Sec. of State?

I agree with my colleague in that you need to involve both the litigation attorney, and local Texas corporate counsel. When moving a corporation...

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