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.
<< back <<< back to overview >>> next >> |
Do you have questions or problems about our services? We could call you back!
We were looking for a professional service firm able to act quickly and efficiently so that we could break into the U.S. market and begin building our business. After much research we came across Alton LLC and must say: it just doesn't get any better than with Alton LLC. - V. Jürgens (Yucam Overseas)