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Old 11-29-2007, 03:45 PM   #5
Bill Bumface
My face is a bum!
 
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Join Date: Feb 2003
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Quote:
Originally Posted by tkflames View Post
She will have to have shares as does any incorporated company. However, this does not imply that she will have a public company (her stocks will not be traded on a stock exchange). Instead she can just make herself the 100% shareholder of the company and its no different than owning an unincorporated sole proprietorship (except the greatly reduced liability).
As said above, do the first two steps on your own, leave the rest to the accountant and especially when it comes to contracting, make sure you have a go-to lawyer if neccessary.
Exactly, and if you want to get sneaky you can give away class B or C shares to family members/girfriends/boyfriends that make no money and pay them to do your "book keeping"
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