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Old 11-04-2007, 11:16 AM
TaxGuru TaxGuru is offline
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Formal Registration Requirement for a New Start-up Corporation!

Actually, most small Corporate clients especially closely held corporations generally are not required to register these initial start up shares formally.

If, however, you have formally requested investment from the general public, then I believe that you may fall under 1934-1936 Securities Act and may be required to register your shares.

I would strongly urge you to consult your tax professional to determine your State obligations in this circumstances.

However, based on your situation it appears that there is no formal requirement to register the shares.
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