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1) This is why we tell our clients, right on our online order form that increasing shares will increase the cost. If they still insist on increasing the # of sh
by mynewcompany 15y ago
1) This is why we tell our clients, right on our online order form that increasing shares will increase the cost. If they still insist on increasing the # of shares, we'll call and explain to them that you can file a low # of shares now and file "Articles of Amendment" to change it to a higher # later when you are better capitalized. Besides, most VC's are going to amend your original articles of incorporation anyway to create multiple classes of stock, etc. so it's really not worth it to authorize too many shares.
Finally, I've posted this link to our site before: http://www.mynewcompany.com/annual-report.htm http://www.mynewcompany.com/annual-report.htm
Bookmark it, and then you can check a) when and if you have an annual fee due for your company/state and b) what the filing fee is.