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Setting up corp in Delaware and trying to understand if it…

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Setting up B corp...

Setting up B corp in Delaware and trying to understand if it is taxed as an S-corp

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My questions are this If I set up a B-corp do I need to offer shares How many shares should I offer

Submitted: 6 months ago.Category: Finance
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12/27/2017
Financial Professional: Lev, Tax Preparer replied 6 months ago
Lev
Lev, Tax Preparer
Category: Finance
Satisfied Customers: 33,142
Experience: Personal Investment, Tax Preparation
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"B corp in Delaware" - please clarify what "B" means in this statement?
You may register LLC or corportaion - that is not an issue.

Regardless what type of entity you create - you may choose that entity to be taxed as S-corporation.

There is no limit for the number of shares - that is your choice depending on your needs,

You may have ONE share or 10,000 shares or more - totally your choice.

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