Shareholder and officer and employee in S-Corp, Can I quit employee role and still be compensated for any amount as officer?
Dana's answer
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Answered on November 19, 2015
As my colleagues have noted, a business lawyer would need to examine all relevant facts and corporate documents to provide a definitive...
When must a California corporation publish notice of dissolution in a newspaper?
Dana's answer
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Answered on November 16, 2015
Generally, in a voluntary dissolution *without* court approval, all creditors and claimants should be notified individually (rather than by...
Archived
Does a Nevada corporation that is an internet based business have to register in CA as a foreign company if I live in CA?
Dana's answer
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Answered on November 16, 2015
As discussed in the post at the link provided below, whether a foreign entity must register in California depends on whether it is “entering into...
Archived
What is the best business structure for a small startup with several small investors?
Dana's answer
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Answered on November 16, 2015
This type of question comes up frequently.
My typical recommendation: Discuss this issue first with your accountant / tax advisor, who can...
Archived
2 board members voted in until 2017, 3 assigned to fill vacancies till Jan 2016, how can we replace the assignees?
Dana's answer
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Answered on November 12, 2015
A lawyer would need need to analyze not just the corporation's bylaws, but also the document(s) recording how the three replacement directors were...
Archived
I am considering the purchase of a biz and they require an "earnest money deposit" - it seems this is a non-refundable in CA?
Dana's answer
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Answered on November 10, 2015
I agree with my colleagues:
- Whether an earnest money deposit is refundable is determined by the relevant agreement, rather than California...
Archived
When starting a single-person corporation, do I need to issue shares?
Dana's answer
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Answered on November 02, 2015
If you want to complete the formation process properly then yes, your corporation needs to issue shares - if for no other reason than that the...
What are the requirements for a small corporation to issue electronic shares, instead of share certificates?
Dana's answer
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Answered on November 02, 2015
The following is a direct answer to your question (though I am not sure that the information provided will be as helpful as you...
Archived
Need to Setup LLC in USA for business of computer support and software
Dana's answer
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Answered on November 02, 2015
In my experience, you are likely to need two different professionals to help you.
- Task #1 can be accomplished by a lawyer who has experience...
Archived
Is there a fee for having more shares upon incorporation? For example...
Dana's answer
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Answered on October 27, 2015
You are acting wisely to ask this question before forming your Delaware corporation.
The blog post at the link provided below discusses how the...
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