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Although a Corporation is a corporation, it does not necessarily have to issue shares to shareholders. A distinction is made between the "authorized shares" and "issued shares". The authorized shares are the maximum number of shares that a Corporation could issue as is defined in the Corporation’s Articles of Incorporation. The issued shares are shares that have been actually issued to its shareholders. For a Corporation founded as a one-person company, all shares are held in one hand: the founder. Capital is not necessarily needed. The shares of a Corporation do not necessarily have a nominal value.
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When setting up business operations in the U.S. initially we had many open questions and uncertainties. We not only saved the high cost of a specialized lawyer, with ALTON LLC we found an experienced, and German-speaking, partner to not only found our company but also for consulting advice as well as for all our necessary office services such as postal services, telephone and fax services, and much more - and all to our complete satisfaction. - Markus Meixner (Telecommunications Software GmbH)
