Tag: par value
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The Delaware Freak-Out
The New Year. For some, it’s time to reflect on the past and look forward to the future. For others, it’s time to make resolutions to change for the better. But for me, it’s time to respond to client inquiries regarding their apparent 5-figure bill for Delaware franchise taxes due March 1. Authorized Shares Method calculation…
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Par Value for a Startup Company’s Stock
Par value is the minimum price that a corporation can issue its shares. In the US, par value was created during the time of the great depression in order to ensure a shares could not be sold under a certain price. Today, that concept is somewhat archaic, but it still plays an important role and…