3 ms·
> When you create a new company, you write down an arbitrary number of shares that it is made of, and give yourself 100% of them at $0.00. Initial capital is a
by anticensor 4y ago
> When you create a new company, you write down an arbitrary number of shares that it is made of, and give yourself 100% of them at $0.00.
Initial capital is a thing, and most jurisdictions have strict requirements on the minimum and maximum size of initial shares.
- yieldcrv 4y agoInitial capital is a thing for suckers. The zero par value jurisdictions allow you to operate everywhere else just as well.
- anticensor 4y agoUnfortunately, rules of domicile kick in if you try to do that, and eventually force you to set up a shop in their jurisdiction.