Do you really need 10 million shares for your company? Probably not.

For the lazy among you, I’ll summarize this post in a single sentence: If you’re incorporating in Delaware, don’t authorize more than 5,000 shares of stock unless you absolutely, positively have to. If you absolutely, positively have to issue more, check with a lawyer to make sure you’re right about that. There’s a fashion inContinue reading “Do you really need 10 million shares for your company? Probably not.”

Shareholder and Board of Directors

As part of our short series on forming a US corporation, it’s important to understand the management structure, since there are significant differences between those structures in Germany (and many other countries) and the US. First, we’ll start with the shareholders and board of directors. Shareholders The Shareholders are the owners of the company (Aktionäre)Continue reading “Shareholder and Board of Directors”