gottsprofet
New member
I am incorporating a new business.
In the past I have only organized LLC businesses, using contracts to determine ownership percentages and official decision.
However an incorporated business with a board of directors seems more structured.
My question is, if upon incorporation the business has 900 common stocks, and the documentation doesn't ask for what percentages of the stocks each director/shareholder is to own, how do I assign certain percentages of the company to individuals?
For example if I want to own 60% of the company and my other CEO and CFO both to own 20% of the company (540/180/180) how would I make that official?
In the past I have only organized LLC businesses, using contracts to determine ownership percentages and official decision.
However an incorporated business with a board of directors seems more structured.
My question is, if upon incorporation the business has 900 common stocks, and the documentation doesn't ask for what percentages of the stocks each director/shareholder is to own, how do I assign certain percentages of the company to individuals?
For example if I want to own 60% of the company and my other CEO and CFO both to own 20% of the company (540/180/180) how would I make that official?