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Must a Corporation issue shares to shareholders?

Although a Corporation is a corporation, it does not necessarily have to issue shares to shareholders. A distinction is made between the "authorized shares" and "issued shares". The authorized shares are the maximum number of shares that a Corporation could issue as is defined in the Corporation’s Articles of Incorporation. The issued shares are shares that have been actually issued to its shareholders. For a Corporation founded as a one-person company, all shares are held in one hand: the founder. Capital is not necessarily needed. The shares of a Corporation do not necessarily have a nominal value.

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Especially for the construction and trading industry of machines, there is a big potential for us in the USA. ALTON LLC helped us from the first moment, the personal contact was very important for us. We received everything from one hand and we are still using their consulting services. If you are planning to step into the US Market, I can recommend to everyone to use this consulting firm. - M. Seegräber (Seegräber GmbH)

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